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5.88%

3.2¢ sayona mining limited

Mate it's all about tonnage, everyone knows that

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48 Posts.

18

27/08/24

11:08

Post #: 75391296
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Originally posted by Whisky49: ↑

It's interesting how things play out , Moblan has always been ramped as the monster, yet NAL is almost as large overall (although less desirable attributes) and we actually have a larger net holding in NAL at 66mt than Moblan at 55.8mt.

Combined SYA have a net 121.8mt over two assets and one producing concentrator paid for and through its ramp up. That's a huge achievement since aquiring NAL just on 3 years ago.

The reallity of course is nothing has changed other than the resource size , it all means very little unless you can sell your product at a profit but to the extent it can thats being worked on and the priority as much as anything is preserving those assets even if it means ceasing operations for a while untill prices improve. Not ideal but not the end of the world either.

In a stronger market those assets have considerably more value than currently attributed to them.

Cheers Whisky

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Mate it's all about tonnage, everyone knows that

SYA Price at posting: 2.7¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.2¢		Change -0.002(5.88%)		Mkt cap ! $329.3M

Open	High	Low	Value	Volume
3.5¢	3.5¢	3.2¢	$1.055M	31.80M

Buyers (Bids)

No.	Vol.	Price($)
30	4089424	3.2¢

Sellers (Offers)

Price($)	Vol.	No.
3.3¢	2757982	7

View Market Depth

No.	Vol.	Price($)
29	4039424	0.032
41	8299924	0.031
52	5971930	0.030
37	9087930	0.029
28	4623296	0.028

Price($)	Vol.	No.
0.033	2757982	7
0.034	7248696	12
0.035	6833588	22
0.036	7595850	27
0.037	6338588	24

Last trade - 16.10pm 03/10/2024 (20 minute delay)

SYA (ASX) Chart