refer to quotations in Syrahs ann regarding the Nachingwea...

refer to quotations in Syrahs ann regarding the Nachingwea Graphite Project (which we 'GXN' border) on 28/02/12.

"An investigation of the Nachingwea Graphite Project was commenced by Jacana Resources ("Jacana"), the company acquired by Syrah in December 2011. As exploration and metallurgical work progressed on the Balama Graphite Project in north Mozambique, it became apparent that Balama had many characteristics that distinguished it from many of the Canadian, European and Australian graphite projects being explored or developed by other companies. Such factors included large tonnage potential, high grade and coarse flake size.

As a consequence, Jacana began a desktop study to identify other potential graphite deposits in south east Africa with similar characteristics to Balama. As a result of this study, the Nachingwea Graphite Project was identified as the best candidate for further investigation."

Maybe, just maybe, GXN have picked up some prime land.

GL All