SYA 3.13% 3.1¢ sayona mining limited

Bankruptcy negative Cashflow, page-189

  1. 4,988 Posts.
    lightbulb Created with Sketch. 542
    Seems to be two camps here. One negative with the outlook we are bleeding money and one positive that we are around break even.
    Look I am in the break even camp but what concerns me going forward is that the price we get for our spod seems to be heading in the wrong direction and after a quarter where I think we may have made strong improvements in our production costs and I am hopeful we will be around the break even mark which will be a positive, I am just not sure if our cost structures can continue to improve at the same rate to offset the reductions in selling prices
    So I am cautious and a realist.
    Would love to hear thoughts from the break even crowd on how we further improve our cost structures after this expected period of improvement . Eventually the pricing for spod will turn around but have we got the staying power to see off this period of depressed pricing?

    Will hold for quarterly and reassess then.
 
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