Agree with this, currently SYA has alot of SOI which is providing too much liquidity for shorts to take advantage of, most likely why they mentioned there will be some share consolidation in the future. As for financing, well NAL already operating and most of the infrastructure is in place already to finalise ramp up.
Moblan may need some sort of funding arangement, although I would guess that Quebec would be interested in getting this going and may decide to provide a loan and finance their part of the JV in order to get this set up for 2030 where I would guess alot of projects will be planned based on their targets already in place for that timeframe.
So while it may seem that we need a CR perhaps we may see some progress as to if/when that will need to occur, however I doubt there will be any CR prior to AGM and share consolidation.
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2.8¢ |
Change
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Mkt cap ! $288.2M |
Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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7 | 3900624 | 0.029 |
10 | 3507434 | 0.028 |
28 | 11656996 | 0.027 |
26 | 15057696 | 0.026 |
Price($) | Vol. | No. |
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0.028 | 9984 | 2 |
0.029 | 5612724 | 29 |
0.030 | 10373529 | 39 |
0.031 | 4542183 | 18 |
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