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3.4¢ sayona mining limited

Ann: MD Update -Sayona Backs Quebec Plans to Boost Lithium Sector, page-17

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nursery

18,525 Posts.

1009

26/03/20

20:35

Post #: 43720513
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Originally posted by Silent-Bubbles: ↑

And I think if you go back over my posts , you would have realize I would know that it was $408,000 as per the Quarterlies. The facts of the matter is that they did not get the take up in the last CR at .0086 cents when arguably times were much better without this ' MASSIVE ' COVID-19 economic crisis. You would also realize that the Canadian Government across many of the Provinces have suspended indefinitely ALL legal hearings and sittings so I think you will find that this will drag on for what amounts to an ' unacceptable ' amount of time given the monies Sayona has available - and will no doubt result in just a ' unsuccessful ' a raising as was achieved last time. These are ' MASSIVE ' risks , and the Quebec Government is not just going to hand over a significant mining asset to another company who is clearly financially unstable. They will wait as much time as they feel they need given the current state of affairs with respects to COVID-19.

So you are somewhat kidding yourself. And mate , the options which are 1 for every two ' NEW ' shares subscribed to under the rights issue are in fact ' exercisable ' at 2 cents .... before their expiry.....

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And yet your sentiment is still "buy" despite your assessment of MASSIVE risks.

SYA Price at posting: 0.7¢ Sentiment: Hold Disclosure: Held
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Last 3.4¢		Change 0.002(6.25%)		Mkt cap ! $349.9M

Open	High	Low	Value	Volume
3.3¢	3.6¢	3.3¢	$1.008M	29.35M

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No.	Vol.	Price($)
25	7404228	3.4¢

Sellers (Offers)

Price($)	Vol.	No.
3.5¢	5652958	20

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No.	Vol.	Price($)
24	7304228	0.034
30	10564163	0.033
52	10046330	0.032
32	9673934	0.031
56	10254739	0.030

Price($)	Vol.	No.
0.035	5652958	20
0.036	15684373	35
0.037	11414857	36
0.038	15156283	31
0.039	8468058	17

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