SYR 1.90% 51.5¢ syrah resources limited

Nah doc imho you dont have this right at all. Look through some...

  1. 761 Posts.
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    Nah doc imho you dont have this right at all.
    Look through some of syr reports.. they are genwrating a mixture of flake sizes depending on their customers.
    Bsm cannt be compared at all. They already have 6 times as many shares. You have backed a slow horse there i am afraid that i dont think will get up

    If you read the latest on syr they have raised money for the lousiana plant and get value added spherical graphite produced in commercial quantitt of 6000 plus tonnes a year of spherical graphite

    Sg sells at a much higher price then jumbo flake, syrah due to their much higher concentrate of graphite alao are producing some larger jumbo flake
    They also have a large vanadium deposit.
    TON is also right next door, a large 6 percent average deposit of graphite a little closer to the port.
    Syr in my opinion should buy TON on the cheap and consolidate the whole balama area as their own.

    Total different league bsm and syr.

    6000 tonnes even at 1500 a tonne is only 9 million, minus all the costs to get that... so i can see why bsm will keep loosing money... they arent a bottom quartile producer and just not large enough to scale imho.
    Not to mention if they try raise any money will end up with another billion plus shares to raise a few bob. Bsm iis a goner
 
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