SYA 3.13% 3.3¢ sayona mining limited

General Discussion Topics, page-56742

  1. 921 Posts.
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    Sounds like they're just rehashing Goldman's BS guidance, prices released from Alkem last week show quite the opposite, Pilbara's BMX auction was through the roof on 5.5% concentrate and all brokers and known experts in the actual sector are saying quite the opposite so would be interesting to hear what ABC is saying and what information they are basing that on?

    Do you have a link to an article?

    Sayona is imo massively oversold at this point, as is the whole sector, market has absolutely shat itself in panic over nothing directly impacting lithium whatsoever. GS is wrong and the 6 Africsan mines only exist in Wakanda.

    The current lithium deficit is not magically going away any time soon, how can it? Crazy behaviour when panic sets in; we rose too quickly in March/April so are facing the inverse dip in response, fair MC and SP will be found somewhere in the middle when sense and fundamentals return, maybe in July after EOFY, imo around 27-32c is fair value for SYA currently based on cap raise valuation, resource and overall fundamentals as I have previously commented on here.

    This is a huge buying opportunity, even if it is hard to stomach such a drop from a month ago, with a solid real company like this you only lose if you sell. 'Be greedy when others are fearful'. Nothing has changed, SYA is fully funded with a near complete mine almost at production with the largest hard rock resource in North America and zero debt, with further resource increases to come.....

    Chill

 
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