SYA 3.13% 3.1¢ sayona mining limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-125

  1. 4,162 Posts.
    lightbulb Created with Sketch. 625
    So you got the cash on hand spot on, great work.

    Your assumed spod price received - $1180 vs actual of $885 - Differential $295 or -25%

    Your cost of production - $1208 vs actual of $1506 - Differential $298 or -19.7%

    Your calculation arrived at $91M but missed $28.8M of cash inflows.

    Once again great work for going out on a limb but it was a big miss.

    What is in your favor is you got cash at hand accidently correct and for that the lesser informed will give you props and hang off every word you say, if you look back at say @BOT he got the actual PA spot on but gets plenty of hate. People would rather lose money than admit they were wrong.

    This is the problem with HC, posters who are clearly wrong but bullish are celebrated, posters who bearish but are clearly right are chastised, your average retail type will believe the false information because the herd agree with what their bias tells them too. Like it or not people will make investment decisions based upon information provided by wrong but popular information.

    I really hope as a minimum the SYA shareprice has a floor at 3c and goes up 100% from here, market movements might just make that happen in the short term regardless. SYA as it is currently operated will fail and NAL will go back on market, the only future for SYA is one with a complete clean out of the BOD, sadly while posters continue to pump up the tyres despite the clear reality, the chance of the register effecting change via voting is minimal.

    Anyone who posts in a bullish manner on SYA are working to doom their and others investment unless they are short which I believe many bullish posters are.

    https://hotcopper.com.au/data/attachments/6336/6336150-ce7a30495b6d615d30e5065afb3ef9c3.jpg

    https://hotcopper.com.au/data/attachments/6336/6336162-cad4dc4db3ee9e80994ffd8aa8d0c661.jpg

 
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