SYA 5.26% 3.6¢ sayona mining limited

Ann: Quebec Eyes Multi-Billion Dollar Lithium Investments, page-53

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    I am looking for clues in the recent monitor report and have located something odd and I am not sure what to make of it, hoping for some input from others.

    In Report 10 from the monitor the utilities were forecast to be extremely low. This report covers a 4 week period form July 19 to Aug 15.
    https://hotcopper.com.au/data/attachments/2442/2442467-ef7d849f5ef6fee869a9079967ec5581.jpg

    The previous report (report 9) is for a 5 week period ending July 18th. This would be 1 week extra of utilities during a time of year that would be very similar in weather.
    https://hotcopper.com.au/data/attachments/2442/2442468-91fe36df18330e3e4fd22a13699aae19.jpg

    In fact I have gone back to all of the monitors reports and utilities was never forecast to be so low (and actual usage so low)

    Report 8 - 7 week period
    https://hotcopper.com.au/data/attachments/2442/2442480-d7546e333141775700efb30d653fb54c.jpg

    My thought is that during the previous months the plant was running "test runs" to prove out due diligence and now they have the proof they need to go forward and no longer need to run tests at the plant. My other thought is that the monitor potentially believed that the transition to the new owners would take place and thought utilities would be transitioned over to the new owners and forecast a low number based on that belief.

    Any thoughts?


    Last edited by SplitFusion: 04/09/20
 
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