A Thing to get across-
These further drill results being released will NOT cause a spike into the 50's. Will not give a 50% Great Big Candle. IMO. They are already built into the Market Sentiment. If they confirm the already released Data?
Ho Hum. If they IMPROVE the already released data? Big Deal, a bigger world biggest resource.
The questions- Is there Demand/ Is there Finance for the Capex and Opex? Are the Offtakes "valid"?
and the sp will remain the same, range trading until such issues resolve, unravel.
IMO this obsession with Market Cap differential SYR to TON is part of the problem. The complaint to ASIC about SYR and it's World Biggest Graphite "line'. SYR refers to RESERVE and TON to RESOURCE and there is a difference JORC wise in those two terms not readily apparent to 'lay people'.
at least I think that's the angle of controversy.
Frankly I'm also thinking that IF this MC comparison jive is valid/ Then SYR could come down to TON more probably than TON up to SYR.
After all TON and MNS are compatible/comparable if MNS listed Options are included in Market Cap so should these two set the Benchmark, whatever? SYR gets a "modest" premium for First Mover Advantage
and comes DOWN to that while the other 'pits' eat into, rise to take some of that premium as they equal 'box tick'?
Consider that rather than a $1++ on releasing Drill Results
oh and why do I hold short term/ Could go 50 centish on AMC/GK Ancuabe Clarification.Whether it stays there? need actual info.
