SYA

3.23%

3.0¢ sayona mining limited

Ann: FY24 Half Year Results, page-43

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Prawns1outfishi

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14/03/24

22:16

Post #: 72894937
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Originally posted by GT3loui: ↑

The market did appreciate our announcement today, as most of us holders did as well.

It confirms to many of us what we thought all along....that we have actually been tracking quite well for a junior producer, albeit bound and trapped in an unfavourable market.

And It calms the market and will gets the monkey off our back, about concerns the market held.

Cash on hand a very healthy $158million
Our cash burn has slowed
We will NOT be going into C&M.
Production numbers continue to improve as we head toward nameplate, of which we have had production days hitting those numbers
It would also negate any merger fears with PLL
Shipments of product continue
Major capex projects and expenditure nearly complete
Exploration projects/expenditure complete...with upside assays pending

And with a rising and favourable spodumene and hydroxide/carbonate price, recoveries improving, and cash burn and expenditure slowing, the market will be re-evaluating our numbers and MC.

So, I suspect tomorrow when the market has time to fully digest this, the SP will be moving upward again, as it did post announcement.

It signals to the market that we will NOT be following the CXO route, are starting to stand on our own 2 feet.
We will make it through this downturn...weather the storm....and we are slowly but surely growing stronger.

Shorts began entering again late last week and early this week, punting on a sub standard report-which this is not.
Many may have to exit tomorrow, when the ASX rebalance and ejection from the 200 finally takes effect.
They have been pushing this to the death knock to try and keep it down, not willing to budge a pip.

They have had sooooo many 'get out of jail free cards'....many of us LTH's have seen it time and time again.

But tomorrow, may just be the reckoning for the shorts we have all been waiting for.

Let's hope so!

Good luck everyone.

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Welcome back GT missed ya mate what you just posted confirmed what I have been thinking . I'm still holding the bod to account, but keeping my mind opened until the next AGM .
SYA Price at posting: 4.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.0¢		Change -0.001(3.23%)		Mkt cap ! $308.7M

Open	High	Low	Value	Volume
3.0¢	3.1¢	3.0¢	$655.3K	21.50M

Buyers (Bids)

No.	Vol.	Price($)
131	33563667	3.0¢

Sellers (Offers)

Price($)	Vol.	No.
3.1¢	503427	5

View Market Depth

No.	Vol.	Price($)
122	31389515	0.030
48	7665323	0.029
47	4292696	0.028
17	3625816	0.027
6	3768118	0.026

Price($)	Vol.	No.
0.031	503427	5
0.032	5408251	27
0.033	4269484	22
0.034	8261043	26
0.035	11425516	35

Last trade - 16.10pm 02/08/2024 (20 minute delay)

SYA (ASX) Chart

Ann: FY24 Half Year Results, page-43

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Westgold sets its sights on top five producer status through merger with Karora

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Venture to sniff out high-grade REE targets at Jupiter project, WA

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

GreenX picks up prospective copper project in Germany

Is oil undervalued?

Cost blow-out for Rook I uranium project sees share plummet for NexGen

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Buyers (Bids)

Sellers (Offers)

Featured News

Ann: FY24 Half Year Results, page-43

Top Stories

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Westgold sets its sights on top five producer status through merger with Karora

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Venture to sniff out high-grade REE targets at Jupiter project, WA

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

GreenX picks up prospective copper project in Germany

Is oil undervalued?

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News