SYA 3.03% 3.4¢ sayona mining limited

Guys. Some weekend reading for you. Here is the history of AJM...

  1. 72 Posts.
    lightbulb Created with Sketch. 22
    Guys. Some weekend reading for you.

    Here is the history of AJM announcements.

    PFS - 11/2/2016.
    MOU - 29/2/2016.
    Mining study - 11/4/2016.
    Binding offtake - 26/4/2016.
    CR for $23m - 9/6/2016 settled on the 20th. (Share price takes a dive going from low 20s down and settling around 13c for a long while to come). This is where SYA is up to!
    First long lead item bought - 25/8/2016.
    DFS - 26/9/2016
    $40m placement by offtake partner - 8/11/2016.
    Various contracts are awarded.
    Bulk earthwork to clear site - 11/4/2017.
    Construction of plant - 9/5/2017 plus others.
    $110m debt secured - 28/7/2017
    Build build build.
    Working mine some time this quarter. Share price is bouncing around high 30s low 40s even hitting almost 50c at one stage.

    I fully expect SYA to be hitting mid 20s at the stage AJM is with the upside of 40s when were producing. Our strip ratio is pretty high at 1:6.9ish but at the start it will only be 1:4 so ramp up for this mine will be easy.

    SYA. Exactly like AJM only half the size, half the price and a lot more nimble.
 
watchlist Created with Sketch. Add SYA (ASX) to my watchlist
(20min delay)
Last
3.4¢
Change
0.001(3.03%)
Mkt cap ! $349.9M
Open High Low Value Volume
3.3¢ 3.4¢ 3.3¢ $381.2K 11.37M

Buyers (Bids)

No. Vol. Price($)
69 16672213 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 7359997 21
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
SYA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.