AJM have the ability to control the Australian tenements for not a lot of money. For not much more money after that they can outspend SYA and secure total ownership. This would result in SYA being an Australian Explorer/Miner in name only, and Canadian focused. I note that AJM is talking about increasing production levels.
Reality for me is that the price of the underlying commodity is too low to provide profit margins for most. Funding availability and terms will reflect this.
Ann: Bid Deadline Extended for North American Lithium, page-150
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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
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| SYA (ASX) Chart |