SYA 5.26% 3.6¢ sayona mining limited

General Discussion Topics, page-97119

  1. 1,326 Posts.
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    Well the CR did exactly what it was intended to do.
    The plant is up and going, and revenue will start to flow shortly into the JV.

    It wasn't just a CR to do more drilling, or pay for overheads.
    So it shouldn't be establishing a baseline for the SP.

    I just think with the high retail hold, who generally get scared off easily, the manipulators can pick and choose when to attack the SP for their advantage. All this talk around the DFS not being awesome, or it was pointless as the plant is already running, about PLL being the only ones to make $$ from the JV, about the lack of a buyer for the rest of the product, plus NAL's ability to get to nameplate - and it appears that it's easy enough to hold down for now.

    Once a few more pieces start being put together however and the dots join (ie revenue, carbonate PFS, etc), then it may not be.

    Simply put. If we don't sell our shares - then they can't be scooped up, shorted, etc.
 
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