SYR 1.04% 47.5¢ syrah resources limited

Shorter knew this is coming, with 110M shares at their disposal,...

  1. 1,120 Posts.
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    Shorter knew this is coming, with 110M shares at their disposal, the pull back could lead to SP range of 50-55C (or even dearer if it goes below 50C). Without Vidalia and Balama going on full production (without stopping the care and maintenance cost of $4M/month), this CR will only give us ticket for loan approval and not sure how long this money will last without a consistent full scale production revenue.

    Still trust the company however, shorters are making decisions on share price, however long term prospect seems good.
 
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