SYA

5.88%

3.2¢ sayona mining limited

Ann: Positive Pre-Feasibility Study Enhances NAL Value, page-114

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DMen

502 Posts.

188

23/05/22

14:10

Post #: 61567465

Originally posted by bruham: ↑
Just checked, price down to 0.26 cents.
The annoucement was not that bad for that price drop.

So now we will wait for the people who are at work and
can't access this announcemnt until they come home.

Tomorrow will be the real deal for the price action to happen.
As has already being said, it's the PFS not the DFS.

I am happy with the PFS.

23/5/2022 announcement.

PRE‐FEASIBILITY STUDY SCOPE

The PFS has assessed strategic options for development, determined an economic open pit mine operation
production schedule and site layout for the preferred option. All works completed to date form the basis for
progressing to a Definitive Feasibility Study (DFS), with a further refined overall accuracy of +/‐ 15%. Sayona
plans to further tighten the overall accuracy via completion of the DFS, expected later in 2022.

The JORC Code 2012 Edition prescribes that a Pre‐Feasibility Study (PFS) is a lower level of confidence than a
Definitive Feasibility Study (DFS), however would normally contain mining, infrastructure and process designs
completed with sufficient rigour to serve as the basis for an investment decision or to support progression of
project financing. The PFS has been completed by independent consultants BBA to an accuracy of +/‐30%,
with contributions from a number of leading industry service providers. The Ore Reserve Estimate has been
estimated by Ms Mélissa Jarry, P.Eng.

The PFS scope includes, but is not limited to:

· Resource modelling;

· Approvals and land tenure management;

· Open pit optimisation, mine design and planning;

· Metallurgical testwork, reporting and analysis;

· Process design; · Road design and haul

· Preliminary design of non‐process infrastructure, services and utilities;

· Market analysis;

· Human resources and operations management;

· Risk analysis;

· Capital cost estimation (+/‐ 30%);

· Operating cost estimation (+/‐ 30%);

· Preliminary project schedule;

· Financial evaluation and analysis;

· Preparation of a preliminary project execution strategy;

· Forward work plan.

No complaints.
Expand
Not sure we'll see the price action you are hoping for. Back to mid to low 20s. This is what happens when a lack of communication leads to high expectations. I can't imagine they bugger it up from here, but it's back in the bottom drawer until we get some Moblan results

SYA Price at posting: 25.0¢ Sentiment: None Disclosure: Held

7 Upvote

0 Great analysis

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Last 3.2¢		Change -0.002(5.88%)		Mkt cap ! $329.3M

Open	High	Low	Value	Volume
3.4¢	3.5¢	3.2¢	$1.308M	39.36M

Buyers (Bids)

No.	Vol.	Price($)
101	17971163	3.2¢

Sellers (Offers)

Price($)	Vol.	No.
3.3¢	1033512	3

View Market Depth

No.	Vol.	Price($)
98	17192038	0.032
54	12251412	0.031
78	17187203	0.030
24	7840833	0.029
33	9309053	0.028

Price($)	Vol.	No.
0.033	1033512	3
0.034	5227114	11
0.035	10324655	21
0.036	10974196	30
0.037	20461807	54

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SYA (ASX) Chart

Ann: Positive Pre-Feasibility Study Enhances NAL Value, page-114

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

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Featured News

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23/5/2022 announcement.
PRE‐FEASIBILITY STUDY SCOPE

The PFS has assessed strategic options for development, determined an economic open pit mine operation
production schedule and site layout for the preferred option. All works completed to date form the basis for
progressing to a Definitive Feasibility Study (DFS), with a further refined overall accuracy of +/‐ 15%. Sayona
plans to further tighten the overall accuracy via completion of the DFS, expected later in 2022.

The JORC Code 2012 Edition prescribes that a Pre‐Feasibility Study (PFS) is a lower level of confidence than a
Definitive Feasibility Study (DFS), however would normally contain mining, infrastructure and process designs
completed with sufficient rigour to serve as the basis for an investment decision or to support progression of
project financing. The PFS has been completed by independent consultants BBA to an accuracy of +/‐30%,
with contributions from a number of leading industry service providers. The Ore Reserve Estimate has been
estimated by Ms Mélissa Jarry, P.Eng.

The PFS scope includes, but is not limited to:
· Resource modelling;
· Approvals and land tenure management;
· Open pit optimisation, mine design and planning;
· Metallurgical testwork, reporting and analysis;
· Process design; · Road design and haul
· Preliminary design of non‐process infrastructure, services and utilities;
· Market analysis;
· Human resources and operations management;
· Risk analysis;
· Capital cost estimation (+/‐ 30%);
· Operating cost estimation (+/‐ 30%);
· Preliminary project schedule;
· Financial evaluation and analysis;
· Preparation of a preliminary project execution strategy;
· Forward work plan.

Ann: Positive Pre-Feasibility Study Enhances NAL Value, page-114

Top Stories

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News