SYA 3.03% 3.2¢ sayona mining limited

General Discussion Topics, page-98760

  1. 1,838 Posts.
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    Interesting that carbonate has pipped hydroxide, and carbonate has rebounded quicker than any derivative, including SC6.

    Hydroxide refiners have been using arbitrage to buy in the carbonate market and convert to hydroxide.

    This has suppressed the sc6 price due to the lack of sales, and driven up the price of carbonate.

    And now we have a situation where carbonate is more expensive than hydroxide and uneconomical to convert to hydroxide.

    How have the hydroxide refiners reacted?

    They have started buying sc6 again, and just recently it started moving up as well.

    So by the time we sell and ship in July, it should be around US$5000 to 5500 and increase in price as the year progresses.

    Experts are tipping a US$5500 average for the year.

    For a 5500 average to happen, due to a soft H1, H2 sc6 prices would need to go to above US$7500 in the backend of the year before coming back.
    Just when we are selling....Should look something like this.



    https://hotcopper.com.au/data/attachments/5271/5271325-873d190c50262e6529694825d65b8ba8.jpg
    This lithium market is still very immature...so....GET READY FOR LITHIUM 3.0 PEOPLE!!!

    And of course....HAPPY MOTHER'S DAY..that's why we are in this caper in the first place.
    Financial security for our loved ones and a legacy for our children.

    Good luck everyone...
 
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