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3.5¢ sayona mining limited

Ann: At-The-Market (ATM) Extension and Increase, page-16

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Timtam15

1,298 Posts.

1362

05/08/22

21:25

Post #: 62956012
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Originally posted by Silent-Bubbles: ↑

And in ALL cases of previous equity issues to Acuity , the SP has risen 100% in 3 months ( 2019 ) , 300% in 2020 ( 3 months ) , 137.5 % in the 2 1/2 month from 30 June 2021 , and of course the BIG ONE with an increase of 176.92% in the 6 weeks from 1st March through to mid April 2022.

And the Beauty of the ' At the Market ' is that the SP can run all the way to 80.0 cents , because it's not as if we need the extra capital just yet.

But if it does run , th equity will be raised at that level which will minimize further dilution to other shareholders.

So we definitely have some time for the ' Market ' to get underneath the SP and push it way way further up the value chain before we even need to tap these funds.

But it's nice to know that we have a ' Doubled Down ' facility equal to at least what we already have in the kitty long before its required. It's at the very least very conservative and the right approach when you are clearly ramping your business up BIG TIME.

From the Announcement :-

(see previous announcements on 29 October 2019, 26 October 2020, 29 April 2021, 30 June 2021 and 1 March 2022).

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The writing are virtually written on the wall. The next few weeks will be interesting.

SYA Price at posting: 21.0¢ Sentiment: Hold Disclosure: Held
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Last 3.5¢		Change 0.004(12.9%)		Mkt cap ! $355.1M

Open	High	Low	Value	Volume
3.3¢	3.6¢	3.2¢	$2.014M	59.38M

Buyers (Bids)

No.	Vol.	Price($)
47	7188896	3.4¢

Sellers (Offers)

Price($)	Vol.	No.
3.5¢	4752972	31

View Market Depth

No.	Vol.	Price($)
46	7463596	0.034
28	8589182	0.033
31	8381529	0.032
24	9931524	0.031
35	5141630	0.030

Price($)	Vol.	No.
0.035	5179502	34
0.036	14491329	57
0.037	11950673	33
0.038	12339588	25
0.039	5078914	21

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