SYA

0.00%

3.4¢ sayona mining limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-167

First 167 Last

Share
Profile

Follow
Megafauna

17,655 Posts.

1275

28/04/24

09:11

Post #: 73541546
Share

Originally posted by Timtam15: ↑

Hi Mollaj,I shared your concerns and I definitely don’t like how the company is currently running under JB neither, but I can assure you that we are definitely not Altura 2.0, in fact far from it.

I will share a conversation I had with good friend of mine yesterday, whom had asked me the exact same question and Pondered why am I so confident that Sayona won’t have the same faith as it’s predecessor.
I simply told him numbers don’t lie.

Current Cash on hand is $99m + $28m (unpaid) + $13m (adjustments) = $140m (actual)

Let’s take this quarter as an example, we sold 58055, Sold for $999 and cost $1536.

P= Sales - Costs = $31m loss this quarter.

So based on the loss alone, we can last at least another 2-3 quarters at this burn rate.

Bear in mind the following;
1. we have a rising lithium market, which could see the lithium price return from $1133(now) to $2000 in the next 9 months

2. Ramp up will theoretically reduce the production cost, which will reduce “Unit production cost”

3. Customers adjustment payment for previous quarter due to rising lithium price

4. The calculation are net losses, the actual revenue received is $58m, which will help cover for other expenses such as staff, admin, developments costs incurred during the quarter

5. 31m loss actually means $8m from pll and $23 Syaq.
However moving forward, I anticipate we would only average around 30k or less dmt per quarter sold (113k allocation to PLL) so our losses will be less.
So the sweet spot for lithium price will be around 1344-1500, even with the 113k allocation to pll at 900usd or $1378.
It’s more likely that PLL will be Altura 2.0, if the lithium price don’t rebound fast enough.

”So if you recall from KP interview that a $1344 spot market price for example actually means $1344x 0.33 = $900 “
(20% for shipping and 13% VAT plus minus any adjustment due to grading)

So I don’t anticipate any problems, just need to be a-bit more patience with these mob and make sure they deliver what they have promised.

Expand

I always pay more attention to people that have more lightbulbs than posts on this forum.

SYA Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
12 Upvote

1 Great analysis

Reply

Top Stories

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

What each US election outcome would mean for Australian companies & investors

Making money: How many microcaps should be in an investor's portfolio?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

There are more pages in this discussion • 96 more messages in this thread...

First 167 Last

Add SYA (ASX) to my watchlist

(20min delay)
Last 3.4¢		Change 0.000(0.00%)		Mkt cap ! $349.9M

Open	High	Low	Value	Volume
3.4¢	3.4¢	3.3¢	$739.5K	22.19M

Buyers (Bids)

No.	Vol.	Price($)
25	10111792	3.3¢

Sellers (Offers)

Price($)	Vol.	No.
3.4¢	4951690	17

View Market Depth

No.	Vol.	Price($)
20	9547649	0.033
74	17259540	0.032
47	10652760	0.031
72	14141013	0.030
23	7776317	0.029

Price($)	Vol.	No.
0.034	4685190	14
0.035	5634519	11
0.036	7895325	23
0.037	21053158	55
0.038	21640390	37

Last trade - 16.10pm 01/11/2024 (20 minute delay)

SYA (ASX) Chart

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-167

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

What each US election outcome would mean for Australian companies & investors

Making money: How many microcaps should be in an investor's portfolio?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-167

Top Stories

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

What each US election outcome would mean for Australian companies & investors

Making money: How many microcaps should be in an investor's portfolio?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News