SYA 0.00% 3.5¢ sayona mining limited

General Discussion Topics, page-12050

  1. 41 Posts.
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    You don't seem to comprehend that SYA, on buying the NAL mine, won't be making anything but spodumene. And the cash they have, doesn't even allow them to start the mine. In order to process the material more, they need to invest alot more money (might even take shares on offer over the 10 billion mark lol). SYA have even stated they won't be doing any further processing for many years to come. In fact, if I read all the documents right, SYA Quebec's head, said that further processing is not likely for at least the next half decade. Which then makes one wonder why the investment would make sense, with a diminishing resource.
 
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