The risk-reward ratio is very high at this level. At 1.8c, it's only $30m market capitalization, with proven lithium resource and DFS completed.
Sure there are a lot of issues with the Authier Lithium Project, BAPE etc but I personally believe the project will only be delayed instead of being rejected totally. The worst case scenario will be to go through BAPE. But the current share price is trading the project has been written off, which is ridiculous imo.
Fundamental Analysis - SYA, page-630
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Last
3.1¢ |
Change
-0.002(4.69%) |
Mkt cap ! $313.9M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.2¢ | 3.0¢ | $1.499M | 48.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 101 | 26614996 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 6291782 | 48 |
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| Last trade - 11.44am 25/07/2024 (20 minute delay) ? |
| SYA (ASX) Chart |