SYA 3.03% 3.4¢ sayona mining limited

AGM 2024, Second Strike and Board Spill., page-127

  1. 13,412 Posts.
    lightbulb Created with Sketch. 4567
    3. Pll offtake. I believe management needs acknowledge that they did a terrible mistake. And explain or show that they have tried to renegotiate.

    You must be joking, when SYA an Australian minnow with a MC of $20m tried to take on a twice failed project in Canada after coming from a failed project themselves at a time when Spod was selling at around $400t, they needed a partner and PLL stepped in at great risk as they are finding out now...I doubt there were any others game enough but they didn't make a better offer if they were.

    SYA were coming from a position of extreme weakness yet secured a 75% stake in the operation that favours PLL in the early stages and SYA further down the track...a deal that didn't deter the shareprice going to 39c.and a deal that enabled us a place at the Lithium table as a producer for minimal cost and quickly.

    It's not the perfect OTA but its far from bad, you make us sound like we could call the shots. No partner no project, its that simple.

    I can't believe the nonsense that goes on here regarding the OTA. It was that or still sitting around with Authier as our only project with no hope of it being developed and burning cash for nothing.

    Cheers Whisky
 
watchlist Created with Sketch. Add SYA (ASX) to my watchlist
(20min delay)
Last
3.4¢
Change
0.001(3.03%)
Mkt cap ! $349.9M
Open High Low Value Volume
3.3¢ 3.5¢ 3.3¢ $1.368M 40.39M

Buyers (Bids)

No. Vol. Price($)
44 13154629 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 636953 2
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
SYA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.