Imagine having 230M in cash, no debt, a half built carbonate plant and fully operational lithium mine, being in production and generating revenue and only being valued at 760M market cap. Market looking exclusively at macros and lithium price and completely ignoring stock fundamentals. Notice SYA back in top 10 most shorted stocks (7th) per shortman website. We also have Moblan which is looking to be about 2/3 the size of LTRs Kathleen Valley resource likely slightly lower grades, but possibly less costly to extract..... Wonder also if PLL can survive this lithium squeeze. If not we could end up being 100% owner in NAL.
Interesting times indeed...
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-197
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Last
3.3¢ |
Change
0.001(3.13%) |
Mkt cap ! $339.6M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.4¢ | 3.2¢ | $723.3K | 21.93M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 182 | 43325841 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 2030189 | 8 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| SYA (ASX) Chart |