Hmm I think I can do one better.
Liontown resources completed its pre-feasibility study in the 4th quarter of 2020 and will BEGIN its DFS in Q4 2021. They plan on being an integrated manufacturer, but will do so in stages.
1 Stage 1 will consist of spodumene processing only and they are targeting 350,000 tpa
2. Stage 2 will consist of hydroxide production as well and they are projecting 58,000 tpa
Liontown is still 3 to 5 years away from stage 1 of the project and 6 to 8 years away from stage 2 and yet their market cap sits at a staggering
$1.8B that's 3x what Sayona's current market cap is.
https://www.engineeringnews.co.za/article/liontown-launches-dfs-2021-01-11
Total CAPEX for phase 1 + Phase 2 = $1.45 Billion dollars.
Sayona spent $78M to get what liontown guesses to be $1.45 Billion to build. WOWZA!!
Liontown has a great project, so I am not disparaging it at all, but I am pointing out that our project will be essentially doing the same approach but will be producing at least 2 years (probably 3) prior to liontown every digging their first scoop and will be doing it a substantially lower (almost laughably lower) CAPEX.
- Forums
- ASX - By Stock
- SYA
- General Discussion Topics
General Discussion Topics, page-14321
-
-
- There are more pages in this discussion • 127,820 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
NEWS
Is oil undervalued?
Add SYA (ASX) to my watchlist
|
|||||
Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $298.5M |
Open | High | Low | Value | Volume |
2.7¢ | 3.0¢ | 2.6¢ | $981.5K | 34.28M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 2443759 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 3183035 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 2448873 | 0.028 |
31 | 5508722 | 0.027 |
29 | 3948026 | 0.026 |
47 | 5351809 | 0.025 |
19 | 6031560 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 3206163 | 15 |
0.030 | 6263397 | 48 |
0.031 | 6837474 | 22 |
0.032 | 18540681 | 32 |
0.033 | 4097484 | 21 |
Last trade - 15.09pm 06/08/2024 (20 minute delay) ? |
Featured News
SYA (ASX) Chart |