I hear you pain jupiter2014. And you seem very knowledgeable about this stuff - which is great!
What are the common ploys? Let's get educated. Please share.
I'm just brain storming...
Would it help if we cut and pasted (not links) recent bona fide articles as to the high quality of the company and management and prospects - in response to every negative statement here? Would that help?
What if, until the attack is over, each of us cut and past such articles (not links) as our sign offs. That would be like an advertising super boost to Syrah in the eyes of new shareholders - who suddenly realize there is a systematic short attack. Perhaps we could do the same on our blogs, facebook, twitter feed etc, until the attack is over. Do you think it might helps a little?
When I google viceroy scam or viceroyseekingalpha.com syrah resources Pty Ltd fake news phony reports sys asx twitter viceroy@viceroyresearch misleading and deceptive slander management false reporting seeking alpha false facts untrue viceroy shorter attack sys asx
But the more this is repeated - the more likely words like scam and viceroy will turn up next to Viceroy articles - and the less likely any new shareholders will take it seriously. What do you think?
What about asking your broker to set your sell order to $7.00. If each did that, it will take a large chunk of available shares out of the market. They are after all, shorting our shares. If the large funds reading this are wondering what to tell your shareholders about the share price- why don't you find out what your broker/s are doing. Set high sell orders to take them off the market or issue your broker/s with a not to lend syr shares for shorting.
What say we set up a kickstarter to engage Maurice Blackburn to investigate? That could be done within the week.
I'm brain storming. I can see since you have been on here you have written 21 articles and the last 20 of the 21 articles you have written on this site blame management. I feel your pain, but what cane we do?
Just supposing for one moment management will not step in to save the day, what are the common ploys and what can we as individuals do? Every little bit helps right? I mean viceroy is just a handful of people - and we have access here to thousands and thousands of disaffected Syrah Resources pty ltd asx chi-shareholders.
We can do what viceroy do in reverse cant we?
Kind Regards
Westworld
Ex-BHP Billiton exec Shaun Verner ready to help Syrah deliver
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They know a "tier one" asset when they see one at BHP Billiton, and that's what led Shaun Verner to Syrah Resources. Josh Robenstone
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by Peter Ker
They know a "tier one" asset when they see one at BHP Billiton, and that's what led Shaun Verner to Syrah Resources.
The former vice-president of BHP's coal marketing team was appointed chief executive of the graphite aspirant in recent days, and he says the quality of the company's Balama graphite project in Mozambique was the thing that drew him to the top job.
"It is absolutely the pre-eminent graphite resource internationally," he said.
"You look at it on any parameter, whether it's size, quality, consistency or cost of production, it is absolutely a tier-one asset and after 20 years with BHP Billiton if there is one thing you learn it is the value of a tier-one asset."
Mr Verner takes the reins at a crucial point in Syrah's development, when its much-lauded potential must start converting into real performance. Related Quotes
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The company is scheduled to commission the Balama mine before June 30 and deliver first production before September 30. In the process it hopes to prove to the market that it is capable of becoming a consistent supplier of the niche commodity.
In a recent interview with The Australian Financial Review, Credit Suisse analyst Michael Slifirski said investor uncertainty over Syrah's ability to take the next step was arguably behind the 53 per cent decline in Syrah shares since June 2016.
"There is perhaps a disconnect between the electric-vehicle thematic which everyone believes in, the resource that now everybody believes in, and the trajectory between moving from resource to market and the time that might take," he said. Future demand
Demand for naturally occurring flake graphite, like that from Balama, has traditionally come from refractories and other industrial customers, but the future demand is expected to come from lithium-ion battery producers, who want flake graphite beneficiated into various types of spherical graphite.
One tonne of flake graphite will generally deliver half a tonne of spherical graphite.
Mr Verner, who joined Syrah in a marketing role four months ago, says a strategy update published by the company in November clarified the company's near-term direction, in particular its plan to build a processing plant in the US state of Louisiana by late 2018 which will allow Syrah to sell Balama's flake graphite into the higher margin spherical graphite markets.
"I think that clarified to some extent where we wanted to go," he said.
"The transition from it being a project to an operating business and defining more clearly the downstream processing strategy from flake graphite concentrate to spherical graphite and battery anode materials was absolutely a core focus."
The company has signed offtake agreements with China Aluminium Engineering International Limited (CHALIECO) and Japanese trading house Marubeni and hopes to announce a few more soon.
"We are about 90 per cent covered for our initial year's production and obviously the work I've been doing in the last three months is about placing the balance of that production, and commercial negotiations are progressing very well," he said. Available market segments
"The spread of placement material across market segments and geographies is really important as well and I think with an asset the size and quality of Balama, we want to make sure we access all the available market segments and the logical geographies for that."
Like lithium, which is also in increasing demand from the new wave of battery manufacturers, graphite's sceptics fear the plethora of new aspiring producers will soon flood these small commodity markets with huge amounts of supply.
Syrah has an advantage in that it will be in production before many of its rivals, and Mr Verner is confident Balama will find strong demand when it starts producing.
"We certainly believe in the next three years, out to 2019, that there is a deficit in the market and space for around 100,000 tonnes of spherical graphite produced from natural graphite and that equates to around 200,000 tonnes of flake, so we certainly believe in the initial stages that the market is well and truly OK in terms of having space for Balama," he said.
"I think there is a wonderful growth profile there and at a time when growth rates in many other commodities are not very exciting, this was certainly a very exciting attraction."
They know a "tier one" asset when they see one at BHP Billiton, and that's what led Shaun Verner to Syrah Resources.
The former vice-president of BHP's coal marketing team was appointed chief executive of the graphite aspirant in recent days, and he says the quality of the company's Balama graphite project in Mozambique was the thing that drew him to the top job.
"It is absolutely the pre-eminent graphite resource internationally," he said.
"You look at it on any parameter, whether it's size, quality, consistency or cost of production, it is absolutely a tier-one asset and after 20 years with BHP Billiton if there is one thing you learn it is the value of a tier-one asset."
Mr Verner takes the reins at a crucial point in Syrah's development, when its much-lauded potential must start converting into real performance. Related Quotes
View all announcements
The company is scheduled to commission the Balama mine before June 30 and deliver first production before September 30. In the process it hopes to prove to the market that it is capable of becoming a consistent supplier of the niche commodity.
In a recent interview with The Australian Financial Review, Credit Suisse analyst Michael Slifirski said investor uncertainty over Syrah's ability to take the next step was arguably behind the 53 per cent decline in Syrah shares since June 2016.
"There is perhaps a disconnect between the electric-vehicle thematic which everyone believes in, the resource that now everybody believes in, and the trajectory between moving from resource to market and the time that might take," he said. Future demand
Demand for naturally occurring flake graphite, like that from Balama, has traditionally come from refractories and other industrial customers, but the future demand is expected to come from lithium-ion battery producers, who want flake graphite beneficiated into various types of spherical graphite.
One tonne of flake graphite will generally deliver half a tonne of spherical graphite.
Mr Verner, who joined Syrah in a marketing role four months ago, says a strategy update published by the company in November clarified the company's near-term direction, in particular its plan to build a processing plant in the US state of Louisiana by late 2018 which will allow Syrah to sell Balama's flake graphite into the higher margin spherical graphite markets.
"I think that clarified to some extent where we wanted to go," he said.
"The transition from it being a project to an operating business and defining more clearly the downstream processing strategy from flake graphite concentrate to spherical graphite and battery anode materials was absolutely a core focus."
The company has signed offtake agreements with China Aluminium Engineering International Limited (CHALIECO) and Japanese trading house Marubeni and hopes to announce a few more soon.
"We are about 90 per cent covered for our initial year's production and obviously the work I've been doing in the last three months is about placing the balance of that production, and commercial negotiations are progressing very well," he said. Available market segments
"The spread of placement material across market segments and geographies is really important as well and I think with an asset the size and quality of Balama, we want to make sure we access all the available market segments and the logical geographies for that."
Like lithium, which is also in increasing demand from the new wave of battery manufacturers, graphite's sceptics fear the plethora of new aspiring producers will soon flood these small commodity markets with huge amounts of supply.
Syrah has an advantage in that it will be in production before many of its rivals, and Mr Verner is confident Balama will find strong demand when it starts producing.
"We certainly believe in the next three years, out to 2019, that there is a deficit in the market and space for around 100,000 tonnes of spherical graphite produced from natural graphite and that equates to around 200,000 tonnes of flake, so we certainly believe in the initial stages that the market is well and truly OK in terms of having space for Balama," he said.
"I think there is a wonderful growth profile there and at a time when growth rates in many other commodities are not very exciting, this was certainly a very exciting attraction."
(20min delay)