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2.7¢ sayona mining limited

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

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Cleaver1

403 Posts.

47

30/11/23

16:37

Post #: 71199922
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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

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

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