SYA 5.56% 3.4¢ sayona mining limited

General Discussion Topics, page-112009

  1. 4,493 Posts.
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    Can you or anyone else explain to me why SYA and CXO are being torn to shreds recently when they are officially starting to make some money from moving into production while the likes of GRE, AZS, WA1,WR1 and PMT are highways away from becoming a producing with endless amounts of funding still required to move their projects to that stage. Is it to get rid of retail out or setting up for bigger fish to prosper from all the hard work that has been done to get this far. Makes no sense to me and with predictions from Goldman Sachs that lithium prices can fall to $800 pt in the next couple of years those companies that have been pumped to the hilt may not even be working on any profit margin at all. SYA and CXO have had some disappointment of late but with the latter already having $150m in the bank and stockpiling at port I really don’t see this as anything but an orchestrated co ordinated attack, the reason being ? I’m unsure but others may have an idea and I’m happy to be enlightened.
 
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