Equityma, I think the shorts are getting desperate prior to the release of the quarterly.
the last 10 days 66% of all trade volume has been shorts trying to push the SP down or at least put a cap on it. the SP now is the same as it was 2 weeks ago after all this manipulation and the shorts are still at 21% so the net position has not changed.
SYR have previously said they will be cash flow positive in the second half of 2018. Even with the back of a coaster you can calculate that the current SP is deflated based on doubling the flake production in 2019 and ramp up of BAM which is fully funded.
I will believe what is written in the December quarterly and the March quarterly. And keep a close eye on the technical side which is looking very solid right now.
DYOR, GLAH
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