SYA 4.17% 2.3¢ sayona mining limited

Ann: Piedmont Lithium Invests In Sayona - Strategic Partnership, page-370

  1. 1,736 Posts.
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    @moneygalore, not a financial advice but I will give you my opinion based on the below points:

    1. SYA seems to have formed a decent & respectable base around the 4.2 - 4.3c range, probably safer entry around this range, as stocks with huge demand like SYA usually tend to go up from such launchpads
    2. Demand on all 3 days has been YUGE from buyers
    3. PLL agreement is not a joke, its a Mine of Life agreement around $12 Million!
    4. After PLL agreement & access to cash, NAL now looks like a given - deadline current month i.e. Jan 2021 (recent ANN)
    5. Not to forget they will be Gold exploring the juicy Pilbara tenement projects (recent ANN)
    6. Clean, green, sustainable project in a business friendly country, Canada
    7. The PLL & possibly NAL will enforce quick mine build and operations

    Now considering all the above points and especially base formation around 4.2c, is this a good entry ask yourself!?

    My personal SP expectation around 50c by mid-end 2021 and possibly $1+ by 2022 during operations and revenue generation!!!

    Pls DYOR b4 investing
 
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Last
2.3¢
Change
-0.001(4.17%)
Mkt cap ! $236.7M
Open High Low Value Volume
2.4¢ 2.5¢ 2.3¢ $337.1K 14.25M

Buyers (Bids)

No. Vol. Price($)
64 14483458 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 5943785 11
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Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
SYA (ASX) Chart
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