SYA 4.41% 3.3¢ sayona mining limited

Ann: 1MC: Drilling underway at Mallina, page-33

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  1. 1,950 Posts.
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    My sixth sense is telling that Mallina drilling has started because Sayona Mining might sell off Quebec projects to Tesla and will limit itself to Australian assets. Sayona will distributes 70% sell proceedings to shareholders and will keep 30% to develop Australian assets and as well as more local projects acquisitions. Exactly same happened with another lithium company PSC who sold their Zimbabwean Authier lithium mine (10th biggest hard rock mine) to a Chinese company, distributing 80% to shareholders and kept 20% to acquire another African lithium project.
 
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