I think many will be surprised just how 'immodest' this 'modest' income stream becomes just by the end of this year. US$85M per shipment at least, 4 shipments by end of December...
Like I've said before, with current exchange rate that's around $500m AUD revenue to SYAQ (75% SYA) over the next 6 months. I'd say that's far from modest given we are currently in 'ramp up' and this is our very first revenue as a company. That's incredible actually! We have over $200m in the bank currently to ensure that this happens, along with allowing for fast (in relative terms) further expansion etc.
We have the only hard rock mine currently in production in North America... This is real, it's IN PRODUCTION NOW. It's not a sham, not a pipe dream etc. Our 75% share of Sayona Quebec will generate us $378m AUD minimum in revenue over the next 6 months, that's $756m AUD over the next 12 months. Our market cap is currently $1.8b... So we will generate for our share approx TWO FITHS of our current MC in revenue over the next year just from NAL.
This is incredible, and now we the have the cash behind us without any doubt after the CR.
We have Carbonate PFS incoming which could be company changing imo, i.e. it will finally show in writing NAL's true potential outside of PLL spod offtake shackles. That's why imo it's far more important than a temporary spod offtake (unless that offtake involves partnership, prepayment or some other form of major financing or strategic value).
Moblan PFS has clearly been scrapped for now because either :
1) no point, straight to DFS, they already know enough to not waste time and money, or
2) They are doing so much drilling and continue to hit lithium that the potential MRE is growing so considerably there would be no point issuing a PFS until this expansion in resource is quantified.
So no issue there in my book. Moblan will be huge. But will require considerable funding, and is further down the track but again, is real, and being totally ignored by the market currently as we can see from the SP since the new MRE was announced.
We are in a fantastic position, our worst enemy is the negative sentiment and worry and doubt that creeps in to retail holders, it's either all 'rockets to the moon lambos by Christmas' or 'this is dog stock, BoD should be fired, maybe we're going bust, game over, blah blah blah'. Again, like I said, short position dropping rapidly and insto ownership increasing, they are covering and scooping up shares while retail collectively have a hissy fit if this forum over the last week is anything to go by. Fear and greed, fear and greed. Time to buy, not sell, watch the numbers, watch the subtle signs in the background, that's why I've been talking about he short position so much over this last week.
Have a look what we have today... this is the aggregate number from the day the CR shares were issued to market, so it's the important one people. BEOT are BUYING LIKE CRAZY while people here talk utter nonsense about the BoD etc:
4.39% SHORT!!! If people remember I predicted around 5% for today's data, very happy to see this. Aggregate on 6th June now down to 396,944,908 !! They've covered and bought aprox 224m shares since the prev reporting......
Like I said, look at what matters, FACTs, not HC nonsense.
Remember this chart I posted last week.....
![](https://hotcopper.com.au/attachments/image-png.5355275/?temp_hash=fa4a4eb2424daa7a471f6a1e8bc81d54)
How will that look now..?
The way everyone is carrying on around here is hilarious, yes the CR was frustrating in terms of the price and obvious effect on SP etc, but meanwhile everyone here loses their sh*t and random downrampers come in to tell us the world is ending etc, the BEOT are going long, buying up, and covering their short position in a big way. That alone should be telling everyone here all they really need to know ffs.
@GT3loui meeting with Brett is excellent, kudos to both of them for making that happen and it's great to have such active participation with our community here (made up of some significate retail holders like Loui etc to be fair) and the BoD... but what did people expect. That Brett was just going to disclose all the market sensitive information that people here are wanting and this would all just be disclosed on HC?? Loui has conveyed what he can, incredibly well in his usual style, and confirmed a sense of confidence and grounding from Brett. That's all anyone here could hope for from a CEO of an ASX200 company!
The Sayona train IS going to leave the station very soon, the facts don't lie. Remove the emotion and watch and think like the BEOT. Now is the time to BUY, not sell. All imo obviously... but I didn't draw those charts
4.36%...... wow