SYA 6.90% 3.1¢ sayona mining limited

General Discussion Topics, page-11784

  1. 41 Posts.
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    At some point, reality kicks in. When all is said and done, anyone investing in this long term is going to be looking at a long term investment. Thus, they will say 8 billion shares on offer (which will be by time most raising is done) at 120,000 tonnes spodumene production @A$900 tonne = $108 m revenue. At 12% falling to nett profit as per other lithium producers (ie Albemarle) = A $13m profit. / 8b shares = $0.001625 per share. Such a dividend should support a 2 cent share price. But that's only if SYA had an endless resource. Which they don't,.
 
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