SYA 2.86% 3.4¢ sayona mining limited

The presentation still lacks much details on critical areas, esp...

  1. 13,360 Posts.
    lightbulb Created with Sketch. 4534
    The presentation still lacks much details on critical areas, esp in the timelines on nal/moblan, update on chairman/ceo and doesn't directly show how undervalued sayona is.

    It's just a bog standard presentation not a project update, so you will get no new material news , they won't give a timeline on NAL or Moblan untill they have one and that will require an OTA, a partner and finance in place not to mention establishing the viability of the current operation. The intentions haven't changed just the circumstances which have changed drastically.

    A declaration of commerciality/ nameplate is the next important milestone IMO and projects get updated in the quarterly anyway.

    Good drill results again and it's probably safe to say Authier and further exploration on the neighboring leases at NAL will fade into the background. Another 30,000m being drilled which will be part of attracting an OTA, financing etc, with potentially higher production rates and/ or a longer LOM

    Cheers Whisky
 
watchlist Created with Sketch. Add SYA (ASX) to my watchlist
(20min delay)
Last
3.4¢
Change
-0.001(2.86%)
Mkt cap ! $349.9M
Open High Low Value Volume
3.5¢ 3.6¢ 3.4¢ $1.190M 34.12M

Buyers (Bids)

No. Vol. Price($)
60 12836986 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 2436426 11
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
SYA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.