SYA 6.45% 3.3¢ sayona mining limited

General Discussion Topics, page-136654

  1. 1,498 Posts.
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    Look, I am in agreement with you. In first-world economies, NIMBYs, OH&S, and planning pose significant economic hurdles, plus a change in government could scrap any plans not of their making. Just consider what China does well and think about how easy doubling or tripling production in China will be. It's just plant expansion; they have a working, profitable solution and an integrated supply chain that doesn't need to be built from scratch, just expanded. The iron law of economics is going to prevail over any political considerations.

    A tenement drilling find of lithium is really not something to be celebrated; there's plenty of lithium available—it's only a question of at what price. The real issue is whether the most economically viable recovery ventures will thrive. For a project to be green-lit from the definitive feasibility study (DFS), it would have to be a particularly large and accessible find.

    SYA does actually have a mine that is producing and will increase production, this is good news for holders.


    Last edited by FreeFromStyle: 12/04/24
 
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