SYA 3.03% 3.4¢ sayona mining limited

Ann: Acquisition Offers Potential Increase to NAL Resource, page-68

  1. 12,830 Posts.
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    Yeah well I do like it when a predicted ' Vision ' finally comes to fruition. And there will be more as well........ TONNES more I reckon.....wink.png Because it is ALL ABOUT THE TONNAGE.


    And I particularly like the post where I was being ' called out ' by another poster at the time by saying ' what my posts had to do with Sayona '. Well now we know right.

    https://hotcopper.com.au/data/attachments/4835/4835705-be63769ee2219f8e5d0f5cfb077b146d.jpg
    https://hotcopper.com.au/data/attachments/4835/4835707-09dbad438bbe6bdbc120f8249293aa22.jpg
    https://hotcopper.com.au/data/attachments/4835/4835709-50cb853bb18c0f2713c0139539f6d41f.jpg



    So it shouldn't be all that surprising that after some 79 holes and 58 of them since 2021 for over 15,930 metres of Drilling , that Jourdan is finally on the cusp of reporting its first Maiden JORC resource with 32 of those total holes for 6,400 metres virtually still pending even as the ink dries on this Strategic acquisition by Sayona Mining.

    So heaps to look forwards to over the coming weeks in so far as Sayona's own ' planned aggressive drilling program ' as well as the outstanding assays from Jourdan's recently completed drill campaign as well.


    And as you can see by the attached Map , what I also like about the statements made by Brett are that basically his reference to the " prospective granodiorite host and its contact zone, which are important ore controls in the NAL deposit. " is just another loosely put phrase to say that Jourdan is sitting on the " Mother Load " of the convergent hosting ore body

    https://hotcopper.com.au/data/attachments/4835/4835712-c166cbecec58f2732bcd5f62ef541161.jpg


    And there are other issues to be evaluated here with this deal , but essentially at this point in time what I like the most about the deal off the cuff is that basically Sayona has taken a 9.9% strategic stake in Jourdan for approximately 6.25 cents per share or a discount of around 34.2% to Jourdan's last traded price of 9.5 cents....which is an absolute bargain price.


    So I reckon this is just the kind of after market announcement which potentially could not only catch out the ' Shorts ' with their pants down ,but completely dacked by having their Jocks taken down around their knees as well.........biggrin.png

 
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