SYR 2.74% 35.5¢ syrah resources limited

nothing new in a quarterly? think again!

  1. 2,038 Posts.
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    We are all used to seeing Quarterly Reports which give the basic financials, and perhaps re-hash some of the significant activities of the last three months. But definitely not used to seeing new and significant information also released. Yet that is just what has happened with the latest SYR Quarterly.

    There have been a couple of references in the past to "discussions" with potential offtake partners, and the suggestion that some sort of agreements could be announced by the end of March. Now, in the Quarterly, we have nine very important words:

    "Offtake proposals have been received and are under consideration." (note the plural!)

    That means real customers, prepared to pay real money, for Balama product.

    Cheers, Prime1

 
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