Ann: MoU with China's Largest Building Materials Group, page-131

https://amp-smh-com-au.cdn.ampproje...-race-for-syrah-resources-20140710-zt27k.html

Am i reading this right?
SYRs SP was at $5 before they even got their mining approvals and TONs SP will most probably be sitting under 4 cents shortly at around the same time frame.
I see what everyones miffed about, but how can we ensure PC can get a rise out of the recent market economics. No buyers = fall in SP
Im thinking if TON signed a mou ( not a
signed agreement ) with a few european based players that are known to the asx market maybe then we might get some SP movement.
Is it the fact that TONs dealing with chinese business' and the asx market is uncertain of these companies? ( I know i havnt heard of the companies ) as said prior to this by another hc member are they looking to drip feed Ton to ensure an over supply does not occur?
IMO if a takeover was to occur it would be right before the next CR as TON gets desperate for cash
IF Ton does not see approvals or NH jv or great financing terms before the kitty is empty this ship has sunk.
Awesome spec stock with great potential and i am happy to be apart of it but fundamentals need to be looked at and keep the shareholders happy.
Id hate to think the loss STG is sitting on at the moment..