SYA 0.00% 2.7¢ sayona mining limited

Ann: Piedmont Lithium Invests In Sayona - Strategic Partnership, page-192

  1. 4,915 Posts.
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    My thoughts after today's positive announcement come back to what SYA is worth if they do not bid successfully for NAL?
    One can say with confidence that today's announcement will have a positive outcome on the above question, let's say it gives more certainty moving forward if their bid is unsuccessful.
    I would think the share price may retreat from the current price if the bid fails, but I think it should still be north of 1 cent and quite possibly as high as 2 cents.
    Now if they can successfully bid and secure the funds to make this happen then its off to the races, but this is a hurdle yet to be jumped, so whilst having a positive outlook on this announcement, I am reserving my elation for when the bid is successful and won't be popping any champagne corks prematurely.

    Christopher
 
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