Ann: Balama Incident and Rectification Update, page-30

Some strange posts on here of late, especially the one referencing sultanas...

Im making a few assumptions but for a new mining company in Africa issues such as these during ramp-up are frequent. In fact, thats why the majority of mining start-ups fail. Im not suggesting Syrah will - too much money in it for that to happen - but the fact is that short sellers know the mining busieness statistics. Not only that but they also have a perfect storm where Syr are attempting/have attempted to fund the development of a new, quickly rising (price wise), commodity with one that looks weak (due to China's woes). You should really view them as seperate commodities.

What we should really be focused on is the ability to build their plant quickly. Considering we have months to wait (i hope thats all it is) shorters have all the time in the world.

R1