SYA

0.00%

3.4¢ sayona mining limited

Not sure we'll see the price action you are hoping for....

First 114 Last

DMen

502 Posts.

188

23/05/22

14:10

Post #: 61567465

Originally posted by bruham: ↑
Just checked, price down to 0.26 cents.
The annoucement was not that bad for that price drop.

So now we will wait for the people who are at work and
can't access this announcemnt until they come home.

Tomorrow will be the real deal for the price action to happen.
As has already being said, it's the PFS not the DFS.

I am happy with the PFS.

23/5/2022 announcement.

PRE‐FEASIBILITY STUDY SCOPE

The PFS has assessed strategic options for development, determined an economic open pit mine operation
production schedule and site layout for the preferred option. All works completed to date form the basis for
progressing to a Definitive Feasibility Study (DFS), with a further refined overall accuracy of +/‐ 15%. Sayona
plans to further tighten the overall accuracy via completion of the DFS, expected later in 2022.

The JORC Code 2012 Edition prescribes that a Pre‐Feasibility Study (PFS) is a lower level of confidence than a
Definitive Feasibility Study (DFS), however would normally contain mining, infrastructure and process designs
completed with sufficient rigour to serve as the basis for an investment decision or to support progression of
project financing. The PFS has been completed by independent consultants BBA to an accuracy of +/‐30%,
with contributions from a number of leading industry service providers. The Ore Reserve Estimate has been
estimated by Ms Mélissa Jarry, P.Eng.

The PFS scope includes, but is not limited to:

· Resource modelling;

· Approvals and land tenure management;

· Open pit optimisation, mine design and planning;

· Metallurgical testwork, reporting and analysis;

· Process design; · Road design and haul

· Preliminary design of non‐process infrastructure, services and utilities;

· Market analysis;

· Human resources and operations management;

· Risk analysis;

· Capital cost estimation (+/‐ 30%);

· Operating cost estimation (+/‐ 30%);

· Preliminary project schedule;

· Financial evaluation and analysis;

· Preparation of a preliminary project execution strategy;

· Forward work plan.

No complaints.
Expand
Not sure we'll see the price action you are hoping for. Back to mid to low 20s. This is what happens when a lack of communication leads to high expectations. I can't imagine they bugger it up from here, but it's back in the bottom drawer until we get some Moblan results

SYA Price at posting: 25.0¢ Sentiment: None Disclosure: Held

7 Upvote

0 Great analysis

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(20min delay)
Last 3.4¢		Change 0.000(0.00%)		Mkt cap ! $349.9M

Open	High	Low	Value	Volume
3.4¢	3.5¢	3.3¢	$1.335M	39.16M

Buyers (Bids)

No.	Vol.	Price($)
110	19748025	3.3¢

Sellers (Offers)

Price($)	Vol.	No.
3.4¢	771491	7

View Market Depth

No.	Vol.	Price($)
110	19748025	0.033
123	28308167	0.032
41	21936343	0.031
94	18878248	0.030
23	5293325	0.029

Price($)	Vol.	No.
0.034	771491	7
0.035	9388651	25
0.036	4268616	14
0.037	2584371	11
0.038	4827895	20

Last trade - 16.10pm 03/07/2024 (20 minute delay)

SYA (ASX) Chart

Not sure we'll see the price action you are hoping for....

Ark Mines inks 1.5Bt Exploration Target for Sandy Mitchell REE play including NdPr; PFS due in Q4

Sun Silver to kick off drilling next week at 292Moz Maverick Springs silver-gold project

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

World Gold Council says market in want of catalyst; flags Asia sell-off risks. Then there's Trump

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

23/5/2022 announcement.
PRE‐FEASIBILITY STUDY SCOPE

The PFS has assessed strategic options for development, determined an economic open pit mine operation
production schedule and site layout for the preferred option. All works completed to date form the basis for
progressing to a Definitive Feasibility Study (DFS), with a further refined overall accuracy of +/‐ 15%. Sayona
plans to further tighten the overall accuracy via completion of the DFS, expected later in 2022.

The JORC Code 2012 Edition prescribes that a Pre‐Feasibility Study (PFS) is a lower level of confidence than a
Definitive Feasibility Study (DFS), however would normally contain mining, infrastructure and process designs
completed with sufficient rigour to serve as the basis for an investment decision or to support progression of
project financing. The PFS has been completed by independent consultants BBA to an accuracy of +/‐30%,
with contributions from a number of leading industry service providers. The Ore Reserve Estimate has been
estimated by Ms Mélissa Jarry, P.Eng.

The PFS scope includes, but is not limited to:
· Resource modelling;
· Approvals and land tenure management;
· Open pit optimisation, mine design and planning;
· Metallurgical testwork, reporting and analysis;
· Process design; · Road design and haul
· Preliminary design of non‐process infrastructure, services and utilities;
· Market analysis;
· Human resources and operations management;
· Risk analysis;
· Capital cost estimation (+/‐ 30%);
· Operating cost estimation (+/‐ 30%);
· Preliminary project schedule;
· Financial evaluation and analysis;
· Preparation of a preliminary project execution strategy;
· Forward work plan.

Not sure we&apos;ll see the price action you are hoping for....

Top Stories

Ark Mines inks 1.5Bt Exploration Target for Sandy Mitchell REE play including NdPr; PFS due in Q4

Sun Silver to kick off drilling next week at 292Moz Maverick Springs silver-gold project

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

World Gold Council says market in want of catalyst; flags Asia sell-off risks. Then there's Trump

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Not sure we'll see the price action you are hoping for....