SYA 0.00% 3.4¢ sayona mining limited

Ann: Moblan Lithium Project Definitive Feasibility Study, page-218

  1. 1,933 Posts.
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    You've just highlighted one of the most irritating things about the way we (SYA) delivers its information to the market.
    I dont think long term investors want to hear about what we would "like to happen".
    Email Sayona and and ask them if its on schedule?
    There is absolutely no point putting on a DFS any timeline or statistic that is not achievable.

    If the commencement date is never in the realm of possible, then are we to assume the Lithium price and production costs stated are also figures that "we like" and aren't actually achievable? Then the DFS is good for bugger all?
    Like the price in it, the tonnage, the production cost, the strip ratio, i would expect the commencement date to be accurate too.
    Lets not pour cold water on it yet. At least till the strategic review.
    And then if that review exposes that the stipulations in the DFS were never figures that we could reasonably expect, we can go back to the source and ask why they are there in the first place?
    At least the updated DFS can then have an accurate timeline put on it.
    Last edited by UndR8ed Cat: 23/03/24
 
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