Why are you flaming me here @TAKEOFF for no reason??? Not nice!!
@Duramax not all CR have to have a discount.
Did no one see the raising (via placement) that GT1 did just a week ago. It was with LG Energy Solutions.
Raising at a 43% premium to 30 day VWAP
They became a ~8% equity owner in the company
They also agreed to OTA for 25% of production
Is it not possible that SYA is thinking big and wide (I'm thinking Moblan here). They have a RESOURCE now to begin planning to build a mine and concentrator.
10% of SYA is about AUD$200M. Could it not be equity investment and OTA for remaining NAL but also Moblan - to get it built a lot quicker.
IMO it wont be for Carbonate (call it confirmation bias because its the last thing I want to see as a SYA shareholder. I want Hydroxide).
Ann: Trading Halt, page-94
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3.1¢ |
Change
-0.001(3.13%) |
Mkt cap ! $319.0M | |||
| Open | High | Low | Value | Volume |
| 3.2¢ | 3.3¢ | 3.0¢ | $1.702M | 55.11M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 850534 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 5159807 | 9 |
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| SYA (ASX) Chart |