I didn't mean to be negative. It was a good question you...

First 438 Last

Share
Profile

Follow
bear2bull2020

274 Posts.

41

04/12/23

21:21

Post #: 71266894
Share

Originally posted by UndR8ed Cat: ↑

This stock and many others arent going to turn around unless the fall in lithium prices slows and eventually turns around. Now we know that with todays research, that is unlikely to be anytime soon. Are we all going to bitch and whinge our way all the way down?
What we need to do first is stop shitting on our own doorstep. We arent helping with all the negativity we are posting on here, or anywhere else.
We need to focus on reducing that production cost. First and foremost. And while we are doing that, lets fix our compliance issues.
And for god sake, leave the PLL offtake be. JB gave us a benchmark 1000/t AUD. If we produce at that figure then the PLL offtake will pay for SYQ to keep going. I asked the question about that at the AGM to give us some reassurance that at those levels, we still see a future. Sure our Carbonate plans may be delayed, but with GSux claiming $800/t U.S until 2026, what would you give to know if we would be still running by then? If we are, let me tell you that the Carbonate plant will be the farthest thing from our minds.

If there is anything the AGM showed us last weeks is A) we have quite a few problems to fix and B) They can ALL be fixed.

Look at all the money leaving the explorers right now? What they wouldn't give to be an early producer.
The Lithium price is EVERYONE's problem.
Lets fix our own.
What we should be doing now is redirecting some funds to hedge our business with our gold tenemants. Fk that would be exciting to be a bit deeper in that realm.

Im gonna give it a bit of a rest for a while, because im bloody exhausted. But lets stop trashing the joint anymore than its already being trashed and sprinkle some fairy dust on this turd and at least it will have a nice glittery coating that will help it last longer. We might get a bit of a kick out a Moblan DFS or a board aquisition or even a Jan 31 report with reduced production costs, then?

Keep your bloody chin up, guys.

Expand

I didn't mean to be negative. It was a good question you asked at the AGM and I had confidence in JB's answer (I was sat behind you an Loui) After the meeting I decided to hold as was basing my position on the meetings outcome. I too am exhausted from watching so much money disappear every day... ahh well I'm still young(ish) Good luck all, chin up and I HOPE it all works out

SYA Price at posting: 5.6¢ Sentiment: None Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

US election outcomes: Key economic and market takeaways

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

First 438 Last

Add SYA (ASX) to my watchlist

(20min delay)
Last 3.8¢		Change 0.003(8.57%)		Mkt cap ! $391.1M

Open	High	Low	Value	Volume
3.6¢	3.8¢	3.4¢	$2.071M	57.00M

Buyers (Bids)

No.	Vol.	Price($)
4	577371	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	6055656	36

View Market Depth

No.	Vol.	Price($)
4	577371	0.037
8	1962639	0.036
12	4779023	0.035
24	10607051	0.034
27	10635013	0.033

Price($)	Vol.	No.
0.038	5755656	33
0.039	18058076	24
0.040	9072479	35
0.041	2733104	11
0.042	5453857	13

Last trade - 16.10pm 18/11/2024 (20 minute delay)

SYA (ASX) Chart

I didn't mean to be negative. It was a good question you...

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

US election outcomes: Key economic and market takeaways

Power gets set for 1000-metre maiden drilling program in Brazil

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

I didn&apos;t mean to be negative. It was a good question you...

Top Stories

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

US election outcomes: Key economic and market takeaways

Power gets set for 1000-metre maiden drilling program in Brazil

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

I didn't mean to be negative. It was a good question you...