why I bgt TON today

Hi everyone, new holder here. This is simply why I bgt them today.

Syr's Tgc 113℅ is 215mt
Ton's tgc 12.5% is 216mt

Some suggest syr and ton don't report apples with apple.

OK let's say they are right and give the a 50% buffer and put ton on 100mt.

Ton' MKT cap is c$130m vs syr's $650.

If, for argument sake, ton has half the economically recoverable resource, then it should be worth roughly halve. So $325m. And let:s give syr credit for the great work they have done securing offtake etc... 25% premium? Then I would gives me c$240 for ton, or 80% from here or 75c. Seem,s pretty achievable on a bad case scenario.

But if they are exactly like for like, then ton's MKT cap approaches syr's in time.

There's huge risk with the graphite MKT getting flooded, but no one is producing anything or selling anything yet.