Define for me what a Project is ??? Is owning a Tenement without a single drill hole really considered "A Project" ?
The Company slapped together a PFS which covers NAL Operations + Authier Feed (2 Projects) which delivered a Post Tax NPV8 of US$571m. SYA own a 75% Stake in each Project, so a total of US$428m (A$605m) is attributable to SYA
You don't have any other scoping or feasibility studies outside of the joint NAL + Authier Feed PFS that was released this week (That by the way utilised some very overly optimistic assumptions IMO)
The company is very much overweight and the reality of what is playing out does not match the hype.
Sachz is right about 1 thing, ASIC do need to investigate. I can point them in the right direction of a couple of Directors + Social Media Pumpers that have some questions to answer
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