SYA 3.13% 3.1¢ sayona mining limited

General Discussion Topics, page-142537

  1. 11,417 Posts.
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    clearly the shorts are in full control, currently, with the help of the chinese govt iron fist control on lithium pricing.

    not here to convince others, as this is HC afterall.... and the preservation of capital is always #1 ---- so those selling now (all or part of their hioldings), choosing to crystalise their losses (or small gains), just a reminder that sayona is not just 1 asset but in fact has 8 different projects as part of its portfolio, some more advanced than others.

    at least one reserach agency recently suggested SYA as a buy (speculative ofcourse) due to how far the SP has fallen, hence getting in cheaply now for any upswing back to nornally.

    soon in the future all sayona spodumene will stay in the USA, likely tesla's corpus christie meaning chinese spot pricing means little. even joe lowry references there are sales pricing, and then there's pricing. sayona got the higher end of the pricing in the last Q to what was reported. i expect this to be the same... this has alreayd been talked about heaps here anywyys.

    others are expecting capital funds to flow in once the US GOVT decision is made at the end of this year. makes sense.

    and then for some, enduring multiple years of ups & lows, maybe now is a good time to exit and get some sanity back in ur lives.

    in a way we went thru this in 2020, the lows and devesatation, right before the 2022 bull run, so kind of know what it feels like and now the first time with a low SP.

    GL to all true holders, past present & future...
    Last edited by sachz: 16/08/24
 
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