SYR 2.38% 20.5¢ syrah resources limited

ann out, page-10

  1. 8,972 Posts.
    lightbulb Created with Sketch. 202
    Well I did say not to expect too much of a market response from the initial assay...looks like that's the case, even though the Vanadium result were much better than I expected (market doesnt realise the importance of that - all they care about is graphite).

    The reason I haven't flicked a few myself today is due to the following quote from announcement which is when its going to get interesting imo...probably will be a bit of a wait for this (even if as it saids its being expedited), but I'm hoping for big things when it comes.

    "The remaining holes at Balama East began and ended in graphite mineralisation to approximately 250m depth. The graphite in this area visually appears to be significantly higher grade than the graphite in Balama West. Syrah believes that the intrusion of the granite in this area has likely upgraded the graphite. We are currently expediting the assaying of BMDD0022 to ascertain the grade potential of this area (Figure 4)."

    Cdchi1
 
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