SYA 2.94% 3.3¢ sayona mining limited

Ann: Moblan drilling delivers thick, high-grade intersections, page-86

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  1. 13,540 Posts.
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    So what will be next steps with the Moblan project after these positive results?

    We already have a DFS for Moblan so these results won't change what is already being done around permitting etc. Eventually these drilling results will result in an updated DFS and MRE but it won't speed up anything just enhance what we already have. Below from the DFS in February, current market condions have improved but we still need to be profitable at NAL before anything beyond what they are already doing at Moblan can advance IMO.

    ”Sayona will now look to review the timelines given the current market conditions, and continue to advance the necessary regulatory approvals, seek community support and secure the necessary financing and project partners capable of advancing this Project through to successful production, with the ultimate ambition to integrate Moblan into a regional supply chain for battery materials in Québec.

    Cheers Whisky
 
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