SYA 0.00% 2.6¢ sayona mining limited

I dont really know why the share price has crapped itself, and I...

  1. BAU
    2,822 Posts.
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    I dont really know why the share price has crapped itself, and I assume a nimber of people selling don't really know why they are selling.

    Summary points as to why this prelude to the DFS is positive;

    - PLL only for 2 years then we can piss them off, and they can pay market price if they want our Spod.
    - Indicative vlaue of NAL & Authier is $2b!?
    - SYA will be producing both carbonate and hydroxide in 2015, Koreans seem to be keen to get in early and fund the hydroxide plant in conjunction with an offtake agreement.
    - They have introduced two magnetic extraction units to the NAL plant, I suggest to ensure they extract iron from the ore and gaurantee a product that can be easily converted to hydroxide (IGO has just amended their plant to include magentic extraction and as a result they have produced their first batch of saleable hydroxide).
    - EIS, BAPE or whatever you want to call it seems to be no longer an issue due to tailings amendments, more of a process to authorise the increase daily production I suggest dry tailings will be very much preferred so I see no issue with environmental approvals (Authier now very much simplified so no issue there either).

    So I look forward to the individual DFS reports over time and am happy to hold for a few years yet.

    Also Moblan the monster yet to show how big she is.
    Last edited by BAU: 23/05/22
 
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