Ann: Divestment of Mineral Sands Exploration Port, page-4

  1. 8,972 Posts.
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    re: Ann: SYR: Divestment of Mineral Sands Exp... My view:

    The people selling CSE now are the ones that were buying due to the 'NTA is higher than the SP' argument (which mind you will probably be the case again, even after the dilution, when SYR drilling results are released).

    The ones buying now are the ones who have actually read up on the project and think that CSE ahve got a good deal (ie think that SYR could have spent a couple mill, built up the project and sold it for a heck of a lot more than $15M - now CSE get that chance though they probably wont sell it).

    I'm in the latter group.

    By the way, makes you wonder what SYR will get for their uranium and copper projects when they flick those off (which they will if they intend to be pure graphite).

    Cdchi1
 
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