SYA 12.9% 3.5¢ sayona mining limited

General Discussion Topics, page-105138

  1. 3,106 Posts.
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    This forum has turned high pessimist over last month.

    Drill results not released for Mob because we already had an upgrade anyway and it did little for the SP.
    Sophs will not care about us being at 17c as the discount for underwriting was received from their end 23c to 18c. Yes we had complaining about the large discount.
    NAL carbonate, they have advised about 550M regardless if it drops to 300M with credits and partner funding. We are just starting operation with the existing income expected to go towards 1) opex 2) drillout of Moblan et al and 3) If we have anything left lead items for NAL carbonate plant items.

    I guess 12month holders dont understand the patience required here. Prior to SYA I held INR for 3 years before it saw any traction. An even now if I did still hold, that would be 6 years with little movement.

    NAL is producing, the product will be sold. Logic says they arent simply going to ship half a container being PLLs share and hang onto the rest. While it would be disappointing from a diversification standpoint if it all ended up via PLL with 50% at market rate. At the very least its sold.

    The 18c growth to $1 isnt going to happen even if we announced OTA with ford or VW etc... who exactly has the money to pump into the stockmarket when assessing the macros atm? so the growth will be slow.

    Once we have financials out cashflow, OTA secured, increased Moblan further and work towards getting carbonate to market then we will see the $1 price tag.

    Sorry to disappoint the impatient holders here, this isnt going to happen in 6months. The macros dont agree with you!
 
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