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SYR or TON? Time to jump ship?, page-44

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unawares

5,416 Posts.

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23/10/14

11:41

Post #: 14168919
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Originally posted by tobyjack ↑

"Perhaps the people who should be looking over their shoulders are the smaller prospectors in Canada, Australia, and elsewhere."

Today Thyssen Krupp signed an Offtake LOI for 20,000tpa with a "smaller" prospect - KNL. They seem to be concentrating in looking forward, not over their shoulder.

SYR needs to take a leaf out of their book perhaps? Worry about their own affairs and not so much their competitors. The Credit Suisse note put out today, as described by lute (I haven't read), four pages comparing SYR and TON's deposit, with the suggestion that "Triton's Nicanda Hill does not yet appear to be of commercial value" is an example.

We all know Credit Suisse's history with SYR - they are paid to say nice things about their client.

Are we going to get TON's broker putting out a similar comparison - showing why theirs is better than SYR's?

Expand

LOI = Letter of Intent (non binding)

isn't that a bit like a Memorandum of Understanding? We all know what you think of those.

I'd rather the MOU personally.

Last edited by unawares: 23/10/14

SYR Price at posting: $3.40 Sentiment: Buy Disclosure: Held
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Last 22.0¢		Change 0.000(0.00%)		Mkt cap ! $225.0M

Open	High	Low	Value	Volume
22.0¢	22.5¢	21.5¢	$283.3K	1.287M

Buyers (Bids)

No.	Vol.	Price($)
33	284276	21.5¢

Sellers (Offers)

Price($)	Vol.	No.
22.0¢	40113	11

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No.	Vol.	Price($)
32	283951	0.215
17	598122	0.210
17	745732	0.205
35	970596	0.200
19	1052663	0.195

Price($)	Vol.	No.
0.220	39689	11
0.225	200850	16
0.230	264258	8
0.235	222500	5
0.240	292938	9

Last trade - 14.57pm 18/09/2024 (20 minute delay)

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