SYA 3.13% 3.1¢ sayona mining limited

Ann: Trading Halt, page-285

  1. 4,089 Posts.
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    Won't do ? Or Can't do wink.png

    Your Company has released a PFS this week (Was suppose to be a DFS) that highlighted a combined NAL + Authier NPV8 Post-Tax of US$428m (A$605m) for your 75% interest in each project.

    As for the Value of Moblan today ? Well the truth is you don't have a feasibility study and are years away from having one. What is the value of early drill results regardless of how promising they are ?

    The Answer to that Question can be answered by the JORC + NI 43-101 Codes. Both instruments contain wording along the lines of "Mineral Resources are not Reserves until they have demonstrated economic viability based on a feasibility study or prefeasibility study". What is the economic value of drill results without demonstrated viability of access / approval / extraction / processing ? Not much IMO

    As for your other "Tenements" rolleyes.png

    As it stands today SYA has a demonstrated value by way of a feasibility study that shows SYA's interest in Authier + NAL is worth A$605m, what is your Market Cap again ???


 
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Last
3.1¢
Change
-0.001(3.13%)
Mkt cap ! $319.0M
Open High Low Value Volume
3.1¢ 3.2¢ 3.0¢ $1.877M 61.11M

Buyers (Bids)

No. Vol. Price($)
100 26178440 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 4648882 12
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Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
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