SYA 3.03% 3.4¢ sayona mining limited

General Discussion Topics, page-28790

  1. 11,251 Posts.
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    First Shipment is due in July 2023 which is 18 months away. This means production will start around Q3/Q4 next year as my guestimate. So production is not "years away"

    We're on par MC caps with VUL, LKE, CXO & yet they havn't even started construction at all while claiming production in 2024 whist not even conisdering the huge capex needed to be spent in between. If we spent $50m for a $500m Production facilty and already diluted then where does this stand with our peers? Sounds like a "pump" to me & further dilutions. If I was these small cap (not specific with the companies above, just in general) runners BOD, i'd be raising capital to the moon due to the ecconomic & political instablility.

    VUL is a clear example of "over promised" "undelivered" and now paying the consequences being shorted back to orbit.

    Sayona have a proven & previously "Used Method" that acctually works on a mass scale, which to me this tells me we're "under promising" "over delivering" I feel that people are feeling fustrated on our SP not moving and thinking to sell out, well guess what? once the do, they'll feel the curse of selling then seeing the SP rocket.

    Yes while I agree PLS is a great hedge and will keep moving forward no matter when inflation hits & one of the leaders in this space, however this doesn't not give a reason to discredit how far we've come and how much is left in the tank. Sure we may have to grind with our relatively large SOI, however you're missing alot of the key movers that could work in our favour.
    Last edited by Verplak85: 02/11/21
 
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