SYA 3.13% 3.1¢ sayona mining limited

By the end of next year they will be producing 2 million tonnes...

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    By the end of next year they will be producing 2 million tonnes per year of concentrate.

    I think you will find the DFS on the project is expected by the end of next year Mega with a potential FID after that, probably depending demand at the time...which is good because the last thing SYA needs is oversupply in the market, it's bad enough now, we have LTR and PLS's current expansion about to enter the market and thats just Australia.

    The only real similarity with PLS is we are both producers , have a good understanding or mining spodumene and as you say an incremental approach to growth, it's the only way really. The big difference aside from ownership %, production and cash reserves ,is we're producing in Canada although selling into the same market at the moment unfortunately.

    Whatever, priority for SYA is keeping out of C&M and thats far from guaranteed untill the spodumene price finds a bottom higher than our cost of production...

    Cheers Whisky
 
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