This slide was taken from the recent galaxy presentation. It is meant to show how much better galaxy is compared to its peer, but all I see is that Sayona and Piedmont are close in size and grade, the difference being Piedmont has an off-take agreement with Tesla and Sayona does not.
Piedmont has not even completed its initial DFS or Pre-DFS, they need to go through the rigorous US environmental studies and yet they have a share price 40x higher than Sayona.
Sayona on the other hand "Should" have BAPE approval in less than 6 months, and potentially could be involved with NAL, which would double their size in comparison to Piedmont, all going into a market that just had a fuse lit under it with President Joe Biden.
These are all reasons to stay optimistic about Sayona's future.
What would make this better? Well IMO having the stock listed on the TSXV or rolling an ADR type offering on the US market like Piedmont did. Anything even closely related to lithium on the US market is booming and exposure to more capital never hurts.
Piedmont's share price would most likely still be in the low to mid teens if it were traded OTC and the local market. It was a bold move by piedmont to get listed on NASDAQ and it has paid their share holders handsomely.
- Forums
- ASX - By Stock
- SYA
- General Discussion Topics
General Discussion Topics, page-349
-
- There are more pages in this discussion • 140,245 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SYA (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.5¢ |
Change
-0.001(2.78%) |
Mkt cap ! $365.4M |
Open | High | Low | Value | Volume |
3.6¢ | 3.7¢ | 3.5¢ | $887.3K | 24.90M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
81 | 11343640 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 2756243 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 153 | 0.039 |
1 | 59253 | 0.038 |
13 | 1317987 | 0.037 |
7 | 1500000 | 0.036 |
83 | 12626813 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 1000000 | 1 |
0.033 | 292954 | 2 |
0.034 | 1149383 | 11 |
0.035 | 428643 | 7 |
0.036 | 2767815 | 24 |
Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
|
|||||
Last
3.6¢ |
  |
Change
-0.001 ( 3.79 %) |
|||
Open | High | Low | Volume | ||
3.6¢ | 3.7¢ | 3.5¢ | 13538972 | ||
Last updated 15.59pm 17/06/2024 ? |
Featured News
SYA (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online