"Funds to bolster Sayona's Quebec lithium resources, speeding development of the northern lithium hub and Abitibi lithium hub and including investment in downstream processing"
I like that bit...
It will be a rough day obviously but this can only help Sayona move forward to where it needs to be, if we can shake the shorts and then with $200m + in the bank going into first revenue within 2 months, how are we not now significantly stronger and further de-risked. If these funds also go to increasing NAL's daily throughput to a possible 5000tpd plus as Brett alluded to recently then it's blue sky from here imo. This has to be the final major buying opportunity under 20c?
Again, short term pain in trading but cash is king at this stage of company development.
Still frustrated by the way this has been conducted as many have mentioned, but this will make Sayona stronger.
Still looking forward to that carbonate PFS....
Ann: Placement Completion Notice, page-18
Add SYA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.4¢ |
Change
0.001(3.03%) |
Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.4¢ | 3.3¢ | $381.2K | 11.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 69 | 16672213 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 7359997 | 21 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| SYA (ASX) Chart |