Giving 1 pro and a million cons on one stock is not discussing it!
Syrah has cash in the bank and is building a mine. Regardless of the share price, and provided there is no major catastrophe (many of which possibilities nay Sayers will no doubt point out) the mine will be producing in a year to 18 months.
TON and MNS are now completely reliant on potential Chinese backers aka LMB. Let's hope for their sake the Chinese communist party continue to feel positive towards them. Their interest in TON and MNS reminds me of the early days of the iron ore boom in the Midwest of WA. If my memory serves me correctly, that also involved Sinosteel. Sadly that all went pair shaped even before the iron ore price tanked.
It would seem the Canadians are unlikely to get funding. Flinders has already shut down I believe. Valence is probably under water presently. So the field is rapidly narrowing!
SYR Price at posting:
$2.93 Sentiment: Buy Disclosure: Held
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