Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-171

First 171 Last

Share
Profile

Follow
mollaj

2,424 Posts.

717

28/04/24

10:22

Post #: 73542063
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

Cheers Tim
I know you are right but like a lot of Holders I'm Angry and Hurting.........As you know this has been (and still is) a very long and Turbulent Journey with Lots of ...should haves ...but didn't ......anyway as I see it there are only two solutions.....Rise out this Fk up.....or Sell ........so I've Saddled up my Horse for what I expect will be a Long drawn out Journey..........
Stay Safe Brother................BTW...where's SB.

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

0 Great analysis

Reply

Top Stories

BGL

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

PEC

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

MM1

Geochemical work at Newington picks up gold and copper anomalies for Midas

Quarterly & half yearly reports: Drives Newmont up, Ampol flat, while Fortescue plunges 2.6%

There are more pages in this discussion • 92 more messages in this thread...

First 171 Last

Add SYA (ASX) to my watchlist

(20min delay)
Last 3.1¢		Change -0.002(4.69%)		Mkt cap ! $313.9M

Open	High	Low	Value	Volume
3.1¢	3.2¢	3.0¢	$1.603M	52.23M

Buyers (Bids)

No.	Vol.	Price($)
109	28104989	3.0¢

Sellers (Offers)

Price($)	Vol.	No.
3.1¢	6063087	61

View Market Depth

No.	Vol.	Price($)
112	28335684	0.030
55	11381142	0.029
44	5029580	0.028
16	3339631	0.027
9	4292256	0.026

Price($)	Vol.	No.
0.031	6075556	63
0.032	5757997	26
0.033	3791894	15
0.034	3622983	23
0.035	9873737	35

Last trade - 12.58pm 25/07/2024 (20 minute delay)

SYA (ASX) Chart

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-171

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Geochemical work at Newington picks up gold and copper anomalies for Midas

Quarterly & half yearly reports: Drives Newmont up, Ampol flat, while Fortescue plunges 2.6%

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-171

Top Stories

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Geochemical work at Newington picks up gold and copper anomalies for Midas

Quarterly & half yearly reports: Drives Newmont up, Ampol flat, while Fortescue plunges 2.6%

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News