What do they bloody know? Could there be a delayed in the commissioning of the plant, thus delaying future income?
There COULD always be a delay in commissioning , delays in construction are very common at the moment but it COULD also be on track with their current estimate which is commissioning in the Q1 2023 and production in H1, it COULD also be ahead of expectations . Ones level of paranoia dictating which one you chose. It is proceeding regardless of what we think.
The bottom line is sometime in H1 the ramp up is expected to begin and that provides a lot of flexibility , which ever way you look at it under the current OTA income will be constrained next year and you dont need to be a shorter to figure that out.
SYA is more about beyond next year and growing resource hubs in North America , large resources attract large players and any number of potential tie ups which can help finance getting those resources into production. While our income might be restrained for a while we are adding considerable future value with every hole drilled.
SYA is very much about the long game and the big picture IMO and the're current land grab tells you that, in the meantime the shareprice will go up and down as always with a longterm upward trend the most likely outcome...
When dealing with projects that have no particular end in sight you will go through any number of attacks from shorters and hype / short squeeze induced rallies over the years not to mention commodity volatility , its life in the markets and if one struggles with that they are in for a rough ride but likely a rewarding one if they hang on...
Cheers Whisky
SYA Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
(20min delay)