SYA 8.33% 2.6¢ sayona mining limited

Ann: First Lithium Shipment Boosts NAL Revenues, page-193

  1. 4,429 Posts.
    lightbulb Created with Sketch. 8622
    This statement may not be so easy to assume "assuming all things remain fairly equal against the previous quarterly "

    My thinking is that expenses would be higher in July / August and here is why.

    1. In June we were dealing with wildfires and drilling was shut down so the expense of drilling would be less (halted on June 5th - July 13th).
    2. We were not drilling at NAL in April and part of May so expense would have been less.
    3. Once the fires ended we increase drill rigs at Moblan from 4 or 5 to up to 8.
    4. We had a major repair cost in the July quarter for the ore crusher.
    5. one other income was missed for the options on Aug 6.
    6. from the looks of the photos, the dome construction expense would have begun late in the June qtr and therefore not evenly spread. This would likely increase the dev cost for the July qty.

    I think especially at this point in time it is dangerous to assume the expenses will be consistent and using that as a base assumption could cause wild variation in your calcs.

    Here were the June quarter expenses
    https://hotcopper.com.au/data/attachments/5566/5566997-b1c3d6119cf38f951136f29843d3b1f5.jpg

    https://hotcopper.com.au/data/attachments/5566/5566989-cf9bc50dc0f9383609faccd59c1f98cf.jpg



 
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