Relax mate. Stop with your doom and gloom. If you are so scared sell up and wait. But if you want to invest, look at the past, and make an educated prediction of the future. Since the start of the Covid 19 pandemic in the early 2020, there have been 4 major variants, the Alpha Variant, Beta Variant, The Gamma Variant, Delta Variant and now the latest Omicron. From March 2020 right through April 2020 witnessed a sharp declined in the overall global economy due to Covid-19, before gradually recovering. Furthermore, the industries that were most impacted are, airlines, leisure facilities such as gym, Oil & Gas & Restaurants. In the same year when covid-19 started, EV sales grew from 1% in 2010 to 54% of the market share in 2020 and is projected to account for 85% of global annual vehicles sales by 2030. Topped that with major auto manufactures such as BMW, GM, VW, Volvo, Audi, Nissan pledged to invest in upwards of $150billions in 2020, makes critical metal mining companies highly sought after.
Furthermore, government incentives for vehicle and energy storage around the world, climate change and the carbon footprint, government sovereignty, has accelerated the needs for critical minerals around the worlds.
In my opinion Covid-19 has little or zero effect for the mining industry. In matter of fact, it has the opposite effect, by accelerating the needs for companies like Sayona which gave rise to electrification and energy transitioning boom. 2022 will definitely be a huge year for Sayona and it just going to get bigger. We are on the brink of an electric vehicle and energy BOOM. Watch this space and good luck!
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Mkt cap ! $236.7M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
43 | 4656147 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.3¢ | 7662018 | 15 |
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3 | 837971 | 0.027 |
6 | 292868 | 0.024 |
45 | 6132006 | 0.023 |
30 | 3010227 | 0.022 |
Price($) | Vol. | No. |
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0.020 | 421100 | 2 |
0.021 | 2008977 | 8 |
0.022 | 5795776 | 13 |
0.023 | 6366568 | 14 |
0.024 | 6242378 | 20 |
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