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4.35% 2.4¢ strategic energy resources limited

Getting serious about graphiteGRAPHITE is getting really...

  1. raiderup
    27,404 Posts.
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    14/10/12
    19:55
    Post #: 10857808
    Getting serious about graphite
    GRAPHITE is getting really serious. In fact, $16 million serious

    Syrah Resources (SYR) announced this morning it has placed 7.75m new shares to institutions and sophisticated investors at $2.25 each, raising about $16m. It owns the Balama graphite and vanadium project in the southern African country.

    http://www.theaustralian.com.au/business/opinion/getting-serious-about-graphite/story-fnciihm9-1226494312637

    Extremely unbeleivable,why didnt we think of institutional investors?
    Oh thats right, we had a buyer and MM had been involved with the deal.

    Raider
    SER Price at posting: 2.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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