SYA 6.67% 3.2¢ sayona mining limited

SYA Chart 2.0, page-77

  1. 3,150 Posts.
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    In a very weak Lithium sector overall, it looks as though one of more of the 4 SB price drivers are coming to fruition.

    The most likely seemingly being buying due to positive discussions / outcomes with Chinese converters.

    I almost bought a Lithium stock once at 3 cents but went another way instead. That stock nailed a ice off-take deal and project financing and went to 30 cents within months.

    I see no reason why SYA couldn't get to 20 cents quite quickly with a few key milestones (which could all happen within 6-8 weeks);

    1. Positive DFS numbers showing a highly profitable Authier operation
    2. Binding off-take agreement
    3. Possibly separate or part of number 2 - project financing
    4. A pathway for environmental approval and development

    AS SB and others have said, even one of the above could give the SP a little re-rating. More than one could be massive. And I haven't even included possible drill results from WA which is a wild card but could also be significant.

    Good luck holders - I'm keen to hold for a very long time to see some or all of this potential realised.
 
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Last
3.2¢
Change
0.002(6.67%)
Mkt cap ! $329.3M
Open High Low Value Volume
3.1¢ 3.2¢ 3.0¢ $604.3K 19.39M

Buyers (Bids)

No. Vol. Price($)
14 1767950 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 7754377 25
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
SYA (ASX) Chart
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