SYA 12.9% 3.5¢ sayona mining limited

Hello pips Like I said last year when the option conversions...

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  1. 211 Posts.
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    Hello pips

    Like I said last year when the option conversions were on the table @3c mind you.
    Great assets
    piss weak shit management
    No matter how good the horse, if the jockey can't direct it properly it aint gonna win.
    What pisses me off the most is the fact the amount spent on administration and director fees.
    I mean ffs they haven't done anything to improve value
    TAW on the otherhand wow what management.
    Also fellow pips, remember RIO is developing a lithium mine in Serbia now we all know what happens when the likes of RIO and BHP get involved? they pump and dump the minerals and say bye bye to any chance of development.
    In my opinion its already a bit too late for SYA to make any progress they have had this asset for over 2 years almost 3 and haven't progress at all.
    usual timeframe from discovery to mining is usually 5 years.
    Like I said before this is more of a pet project for management who already are on the board of a number of companies like AGM and the like but hey they might be doing great for those companies but are doing fk all for SYA.
    Would I be surprised if they merge the assets for peanuts with the other company they have directorships in no, who will lose? ordinary shareholders like us
 
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Last
3.5¢
Change
0.004(12.9%)
Mkt cap ! $360.2M
Open High Low Value Volume
3.2¢ 3.7¢ 3.2¢ $3.583M 104.2M

Buyers (Bids)

No. Vol. Price($)
37 5222047 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 3114773 17
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Last trade - 16.10pm 30/09/2024 (20 minute delay) ?
SYA (ASX) Chart
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