HYPE + PUMP in January 2022
- Negotiations underway with financiers to fully fund NAL Restart
- DFS expected Feb 22
Reality by May
- DFS, replaced by PFS showing an after tax NPV of US$571m (SYA own 75% so US$428m is attributable to SYA)
- Restart now being funded by issuing 1.05 Billion Shares at 18c instead of Debt (You can't get debt in the mining game without a DFS)
What does that tell you about what financiers think about backing in the project ???
What are the odds that when SC6 Price is back at US$800-1000 later this decade that NAL goes into administration for a 2nd Time ?
SOOOOOO many Fed Flags on this 1 it aint funny !
Ann: Trading Halt, page-157
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3.4¢ |
Change
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Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.5¢ | 3.3¢ | $1.368M | 40.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 13154629 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 636953 | 2 |
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| SYA (ASX) Chart |