SYA 0.00% 3.4¢ sayona mining limited

I think we've got to be realistic here. I'd much...

  1. 502 Posts.
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    I think we've got to be realistic here. I'd much rather SYA put a conservative value on NAL rather than something which proves to be wildly overvalued. An overvalued NPV will do us more harm in the long term than a conservative one.

    I'm disappointed that all we've got is a PFS rather than a DFS and that alone might cause short termers to sell and look to reenter further down the track. Also remember that our other announcements had little to no impact on the day, it was a week or so later that things got moving.

    If we do stagnate and our SP doesn't push up to 30c it may well be to do with the fact we've been presented a PFS when the market expected a DFS. I sincerely hope SYA aren't amateur enough to stuff up their terminology regarding DFS/PFS and the weird FS acronym they've been using.

    They do still mention Q1 2023 as production, although I'm not convinced they'll stick to that timeline
 
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