Australia's largest stock trading and investment forum Australia's #1 stock forum

SYA

Click for more information

4.29%

3.4¢ sayona mining limited

And why was Sayona's AGM price sensitive???

First 224 Last

Share
Profile

Follow
Cleaver1

403 Posts.

47

30/11/23

16:37

Post #: 71199922
Share

Originally posted by Cleaver1: ↑

I saw you there cat, thanks for raising those concerns. I asked about the PLL 113,000 tpa offtake, I wanted JB to verbalise what we already know.

Without a doubt, JB certainly knows his stuff. He is very knowledgeable about everything mining. But what we don't know about him is, "Has he got the best interests of Sayona and its shareholders at heart?", I do hope he has. We are in a difficult lithium pricing environment at the moment, so most mining BODs are being pressured by their shareholders.

In my opinion, three things need to happen near-term (within 12 to 18 months) for Sayona's share price to begin its rise.

1, Price of Lithium concentrate needs to get back up to a decent sustainable level.

2, NAL needs to get too or near nameplate, 226,000tpa in 2024 (then Sayona is entitled to 50% of production).

3, Commence work/place orders for required plant and equipment for NAL Carbonate line.

These are the here and now things to make Sayona profitable.

Moblan mining/ chemical processing, as well as all our other stuff, is years away.

GLTAH's

Expand

And why was Sayona's AGM price sensitive???

SYA Price at posting: 6.6¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Time for retail therapy buying in the shopping Scentre for hot stocks

Eurozone-based companies find new ways to secure a regional lithium supply

SS1

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

End of FY is a time to juggle wins, losses and capital gains taxes

There are more pages in this discussion • 280 more messages in this thread...

First 224 Last

Add SYA (ASX) to my watchlist

(20min delay)
Last 3.4¢		Change -0.002(4.29%)		Mkt cap ! $349.9M

Open	High	Low	Value	Volume
3.4¢	3.5¢	3.3¢	$955.2K	28.10M

Buyers (Bids)

No.	Vol.	Price($)
148	25643900	3.3¢

Sellers (Offers)

Price($)	Vol.	No.
3.4¢	5150183	31

View Market Depth

No.	Vol.	Price($)
148	27641605	0.033
98	25029619	0.032
45	19476332	0.031
90	14089767	0.030
19	4563858	0.029

Price($)	Vol.	No.
0.034	5477253	35
0.035	19781873	70
0.036	9403466	28
0.037	2855687	14
0.038	3974762	18

Last trade - 13.06pm 26/06/2024 (20 minute delay)

SYA (ASX) Chart