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11.3%

3.5¢ sayona mining limited

Ann: Moblan drilling reveals further high-grade intersections, page-52

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MilesCC

4,534 Posts.

556

13/06/24

18:06

Post #: 74303308
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Originally posted by tubbyguts: ↑

I just cant understand how the market can get this so wrong.

SYA has so many rocks in the ground! Even more than last time.

Yes, they have not actually got any steps in place to get them out of the ground and then process them into things that people can use and the cost of developing all of that infrastructure will likely be in the hundreds of millions and the ones at Authier are now bunkered down in environmental processes, and some of the ones in WA we now have to share with 1MC, and our only current operating asset is operating at a loss whilst chewing up capex and the BoD is incomplete and the CEO is also the CEO of another company which just happens to also be the company we now have to share some of our WA rocks with........

but there are more rocks in the ground! good rocks! why is the market missing this?

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The market have seen a full year of lithium price drop...they are no longer interested in that sector. I don't blame them either!

SYA Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.5¢		Change 0.004(11.3%)		Mkt cap ! $355.1M

Open	High	Low	Value	Volume
3.3¢	3.6¢	3.2¢	$1.954M	57.65M

Buyers (Bids)

No.	Vol.	Price($)
42	5993225	3.4¢

Sellers (Offers)

Price($)	Vol.	No.
3.5¢	3766915	15

View Market Depth

No.	Vol.	Price($)
39	4911387	0.034
31	9614362	0.033
30	8350279	0.032
19	8714812	0.031
31	4361630	0.030

Price($)	Vol.	No.
0.035	2717773	16
0.036	15183687	57
0.037	11083246	37
0.038	12940189	28
0.039	4712758	20

Last trade - 14.32pm 07/10/2024 (20 minute delay)

SYA (ASX) Chart