SYR 0.00% 32.0¢ syrah resources limited

Yesterday's release sez BFS pushed back by another 4 months....

  1. DSD
    15,757 Posts.
    Yesterday's release sez BFS pushed back by another 4 months. Sights Vanadium scoping study as the reason. I think there is more going on than SYR is telling us. Apart from environmental approval SYR haven't mentioned any negotiations with Moz govt. I am not convinced and continue to feel a political deal is also a reason for continued delay and postponement of BFS date. Meanwhile the continued involvement of a Chinese firm/potential partner is advantageous considering China is very close to Freelimo. Mr Mkt doesn't like more delays and SP fallen back. I sold 43% of my stake end of March but remainder didn't hit my strike price. Hard to know what SP will do over coming months.
 
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