Syrahs a sinking ship- who wouldve thought with all the backing the financial investors would pump it all the way to $6 only to short it all the way back to $1.
This is why im in TON and not SYR
TONs financial backing comes from business's with shared interest in moving this explorer into the mining the position.
I would like to say tho with all the capital backing they had throughout the process the dilution factor is still low but without support from another mining companys ( unlike TON ) how are they to get their mine right first shot.
TON has backing from several miners therefore able to obtain equiptment needed easier and probably cheaper. - as a trademan i gain large discounts due to the supply of what i do - this is my assumption but suzhou , tianye , jinhue are large mining business's that work alongside equiptment suppliers all day everyday.
Im just glad TON is not in the battery market YET
Battery grade flake will take a hiding with SYR trying to ramp up and also sell large flake to try keep costs per tonne down. albeit SYR does not have the large flake offtakes so will make minimal gains there.
There is a time for TON now in the market, nicanda hill with its large resource and vanadium will be a great revenue generator in the future but right now i am glad PC moved us into large flake and is getting the job done
Bring on the signature
and bring on funding
These next few years will be interesting!
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