That first SYR report is incredible.
It doubled the world's known reserves of graphite, plus some !
Pre SYR, known global reserves 77 million tonnes.
SYR discovered 115 million tonnes !
The TGC grade is on average 10.8% but individual holes of 17% and 20% and 16% and the baby at 10.8 % !
So a fat seam with a high grade TGC, surrounded by medium grades.
KNL has an average grade of 10.5% and excellent quality large flakes but only 1.5 mill tonnes. Although only 20% drilled. Its SP is laaannnguishing...
So discovery has to be impressive. BIG.
Is that sort of deposit somewhere on TON ground ?
The theory is yes. Need that seismic data to come true. Did SYR have same seismic data ? ... or did there data look the same ?
What is holding up the licence to 5966 ? Has SYR or someone else also bid for it ? What reason is given by govt for delay ?
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