I believe the report suggests they have rail (currently being upgraded) access to port. This is probably cheaper than hauling by truck
"There is a rail spur and container handling station less than 20 km from the potential mine site. Major upgrades on the rail lines through Malawi that connect Zambia to the Nacala port in Mozambique are underway. The company has already received quotes on rail transportation costs for containers to port. Very few potential mines of any kind have the sort of available infrastructure, including power, water and nearby transportation, that come with having a major city nearby""
"Stormcrow have a well-deserved reputation for pushing their own particular barrow, and pumping their preferred stock. This report appears to be no exception."
It is my understanding Stormcrow has only been established recently and ,to the best of my knowledge, do not act for any of the ASX listed companies mentioned in this report - i.e. SYR, SVM and VXL. I doubt they act for ALL the TSX listed graphite stocks mentioned.
In contrast, Credit Suisse is the lead broker for SYR. If anyone is pumping their preferred stock you would have to agree it's CS.
SYR Price at posting:
$5.51 Sentiment: None Disclosure: Not Held
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