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.
SYA Chart 2.0, page-77
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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($) | Vol. | No. |
---|---|---|
3.2¢ | 7754377 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 1590597 | 0.031 |
82 | 19720397 | 0.030 |
34 | 8751399 | 0.029 |
33 | 9631124 | 0.028 |
15 | 4944089 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 7089536 | 19 |
0.033 | 6322419 | 17 |
0.034 | 18124251 | 24 |
0.035 | 7745773 | 26 |
0.036 | 7261913 | 31 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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