SYA 0.00% 3.4¢ sayona mining limited

General Discussion Topics, page-105134

  1. 13,590 Posts.
    lightbulb Created with Sketch. 4668
    Problem is, we dont know our bloody income still?

    What did you expect , the OTA will be based on market prices which will change with every shipment. There is no way they can give you revenue figures based that , most OT's work on average prices over a period and come in two parts taking into account final grades and impurities which is reflected in the final payment and that can be months later.
    If you want to figure out roughly what revenue may be then work on market rates at the time for anything above 113,000tpa and $810-900t for 113,000t ,the company won't forecast any financials before a declaration of commerciality they are not allowed to and at best will give you a production and revenue range guidance once they are at steady state, so actual results will only be known in hindsight in quarterlies etc they are guess work up till then..it takes a full year to understand production costs and of course the concentrate price will vary continuously...

    Untill we hear otherwise the first shipment, read revenue, is due next month and that's been the case for a long time..

    Cheers Whisky


    Last edited by Whisky49: 27/06/23
 
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