SYR 10.7% 25.0¢ syrah resources limited

What's happening with Chalieco?, page-3

  1. 435 Posts.
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    Hi Neptune

    I'm with Mr Curly on this. The delay in signing an offtake agreement may well be due to Syrah investigation of possibilities for upgrading the purity of V2O5. However, I'm less sure that the two matters have been explicitly linked and explained by the company. Usually Syrah management are quick out of the blocks to explain delays and specify revised timetables on issues as important as offtake agreements, and I'm sure this has been appreciated by shareholders. It would therefore be very disappointing if management were to blot there copybook by "going dark" on an explanation for missing the previously specified deadline for signing an offtake agreement with Chalieco and on offering up a new timetable for its achievement.

    Zeno9
 
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