SYA 4.84% 3.3¢ sayona mining limited

Ann: Authier Definitive Feasibility Study Nearing Completion, page-10

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  1. 3,393 Posts.
    lightbulb Created with Sketch. 1180
    So, they are slightly behind schedule on the DFS I think, however, they are confident that they will start building their mine by early next year - 6 months or so away.

    So, DFS, off takes, finance, mining licences, and beginning of construction are big ticket news items to drop over the course of the next 6 months. If the winds of change in regards to overall Lithium sector sentiment also start to blow favourably again, then it could be a really big finish to 2018 for SYA.

    Again, there are lots of companies that have Lithium resources that look impressive at casual glance, but scratch a little deeper and you start to uncover some rust. Dodgy jurisdictions, inexperienced management, etc etc.

    Authier is not the biggest or best deposit going around, we all know that, but these guys have the intention, experience and track record to turn it into a mine in a great mining jurisdiction in pretty short order.

    I like this little nag.
 
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