Spot on @mondyinvest. SYA promised a DFS followed by a fully funded restart plan for NAL, and delivered a truck load of horse s&it instead…. In my opinion, the sell down was so drastic that information about this latest CR must have leaked out to institutions. With all the delays in delivering any of their milestones, I’m betting there is no way that this company will be in production in 2023, otherwise the $190 million funding to keep the company going would not be coming from shareholders again. They have failed to deliver, and I’m not optimistic we will see a quick re-rating after this new capital raising is completed.
Ann: Trading Halt, page-368
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Last
2.5¢ |
Change
-0.001(3.85%) |
Mkt cap ! $257.3M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.8¢ | 2.5¢ | $1.027M | 39.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 88 | 11401312 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 453541 | 3 |
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| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| SYA (ASX) Chart |