SYA 3.13% 3.1¢ sayona mining limited

all imo cheap ? for an explorer? (WA - not imo) or for a...

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  1. 27,757 Posts.
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    all imo

    cheap ? for an explorer? (WA - not imo) or for a developer (Authier CAN - ??) ? the divide is wide, and the certainty is not transparent.

    If the BAPE was passed, 9 months, , and Authier could move forward to development, then at that time, the mc would offer growth.


    Buy low , sell high ?

    or if BAPE fails, then its Buy high, and capital trap.

    Further, if it is forced to go down this 9 month or so path, the impatience of the market, and uncertainty will erode the buyer pool.

    The path ahead is not certain, and not in any way a guaranteed outcome.

    Only the conclusion of the approval process, to a successful outcome will open this to a genuine re-rating.

    The upside when passed, though is very credible.
 
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