SYA 2.94% 3.3¢ sayona mining limited

Ann: MD Update -Sayona Backs Quebec Plans to Boost Lithium Sector, page-6

  1. 4,408 Posts.
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    One of my initial concerns was that we would be successful with the NAL bid too early. Too early meaning that if we won the bid in Feb. and reopened NAL we would have to wait til the end of the year to hear about Authier. Being able to Co-mingle the two ore bodies seems key to the success of NAL. With the NAL process being dragged out til May now, we would start to get into a window where it probably won't matter. If / when NAL bid is won, it will still take several months to get it back into operational mode, by that time we should get the go ahead on Authier and we can start co-mingling ores.

    Right now our most critical issue is sustaining cash while we wait. I know purchasing on market is cheaper right now but hopefully enough people realize that buying on market does nothing for sustaining cash for Sayona and they will pick up their options instead.

    Stay healthy everyone .
 
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