SYA 3.13% 3.3¢ sayona mining limited

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  1. 13,602 Posts.
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    One can rant and rave about shorters , Banks etc but the biggest driver is Lithium prices hence sentiment and as the two charts below show ( 1 and 5yr) the price of Lithium has hit an airpocket. That in itself is not surprising given the extraordinary rise leading up to it.

    However the current Lithium price despite a 30% drop is stiil extremely profitable and any many ways is what is needed, nothing knocks demand like high prices...how this chart performs going forward plus potential upcoming event will have a much bigger influence on our shareprice than any manipulation IMO..

    At this stage the banks have been ahead of the game but I doubt it will stay that way...

    Cheers Whisky


    https://hotcopper.com.au/data/attachments/5068/5068831-8efc28fa64d710fc2cde8ff37dafc665.jpg

    https://hotcopper.com.au/data/attachments/5068/5068834-17a82fcff3e5191cc614b92abfb26a45.jpg





 
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