SYR 0.00% 26.5¢ syrah resources limited

under $ 3.00, page-33

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    Syrah Balama is 500 km away from the violence and full report says that targets have been on vulnerable people and locations.

    While Palma and SYRs mine at Balama are 500km apart, both are located within the Cabo Delgado province, therefore, violence in Palma is construed by the market as production risk at Balama. Fortunately for Syrah, global major American petroleum and natural gas exploration and production company, Anadarko is establishing a large LNG facility to exploit the vast oil and gas reserves offshore in Cabo Delgado. Anadarko’s location is proximate to the areas of reported violence. The resources available to Anadako, the US and Mozambique authorities should see appropriate response to the violence and securing of their investment
 
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