I don't see this as major problem, outside of the time involving the court stuff.
At the end of the day, as I understand, they will own either 51% or 66% of the mine (they were always selling off 24% of it to CATH). The 15% being disputed isn't part of their share (the dispute is they have first dibs to it being sold).
But yes, dealing within those markets would involve some risk due to corruption etc. There is a chance someone has done something sneaky, or complete fraud has occurred. Only time will tell.
So in regards to SYA, and the multi bagger it has provided based on what is still technically a gamble, is there any possibility the long awaited BAPE approval has a setback ? And why is this taking so long since wasn't it meant to be wrapped up last year ? And would this have any effect on the other overdue item - the (D)FS ?
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SYA
sayona mining limited
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Last
1.9¢ |
Change
-0.001(5.00%) |
Mkt cap ! $480.0M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 1.8¢ | $2.891M | 150.2M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
88 | 34254813 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 50000 | 1 |
Last trade - 16.13pm 11/09/2025 (20 minute delay) ? |
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SYA (ASX) Chart |
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