SYA 0.00% 3.3¢ sayona mining limited

This quarter doesn't look good at all, bleeding cash still.The...

  1. 9 Posts.
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    This quarter doesn't look good at all, bleeding cash still.

    The only thing I can think is what Keith said in his last interview on rock stock, that the prices they get are one of two months behind the daily average as the sales rely on the pricing agency to update there models.
    This quarter was always going to be our worst given that we are seeing sales at the bottom of the latest lithium cycle.
    I'm hopeful that next quarter we see average prices moving north and opex come down with the new kit installed
    we will see the sale of shares the other day added to next quarters books, adding a little in to keep us going.
    I'm think that the large admin cost have been in part to retrenchment packages that have been paid out in January, so maybe they will come down too.

    it's not looking great
    but I been holding since 2017 so I seen it when we had nothing and got pushed into the BAPE (which is still on going).
    I can wait another little bit to watch sentiment across the sector improve
 
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