SYA 2.78% 3.5¢ sayona mining limited

Ann: New High-Grade Zones Discovered at North American Lithium, page-29

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  1. 345 Posts.
    lightbulb Created with Sketch. 43
    Some good %s and it is nice to see good news and results. Certainly explains the SP rise on Friday thus I thought an Ann was going to be released this morning.

    Couple of questions:

    What is the practical reality here for the depth of NAL mining operations? Some figures go way down to nearly 500m and there are quite a few high lithium % results from 350m. There are some nice shallow results as well.

    Also what does "Bold text indicates Metal Factor greater than 20" or insert number... mean? I have to assume that this indicates a number related to results containing metals of economic value. Just don't understand the number - Parts Per Million?

    Anyhow, good to see something positive! Lets see whether the SP can hold onto its current value, or maybe even increase a tad more, albeit at this point it is mining production amounts and costs plus the price of lithium which is only going to be the main factor driving SP.


 
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