SYA 5.26% 3.6¢ sayona mining limited

Ann: DFS Confirms NAL Value With A$2.2B NPV, page-394

  1. 364 Posts.
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    Don't underestimate the impact of stripping ratio in the overall viability of a mining project.

    In my (40+ years) of experience in mining, I've witnessed companies fold, simply on the basis of a slight rise in SR, during a decline in the price of the commodity being mined.

    The stripping ratio is one of the biggest (if not the biggest), consideration when determining the viability of any mining project.

    That said... given that the increase has been accounted for in the DFS, along with other conservative inputs, I believe that SYA is in a very comfortable position smile.png
 
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