Sayona has huge upside.
NAL started with many obstacles, obstacles that had prevented any previous operation from achieving nameplate.
It is selling the same grade (5.3) as Pilbara Minerals.
By September 30, NAL should reach nameplate/steady state.
A lot of work has been done at NAL which accounts for the high unit cost.
The September and December reports should see that cost drop dramatically.
James Brown is a mining genius. Forget about the fat jokes etc, he knows what he is doing.
Coal miners know what they are doing.
Interest rates globally will start to ease in late 2024/ early 2025.
Cash in bank will still be strong come the December report.
Debt will still be zero come the December report.
The 50% available spod will be available for an offtake deal with Tesla.
And in 2025 we will see a share consolidation.
This stock has been the perfect punching bag due to the challenges and yes I wish that I had done more thorough research and timed my entry better but that's the past.
It's what I do now the matters and now I am excited to stay the course because the huge upside is coming, a few years late but so be it.
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