Australia's largest stock trading and investment forum Australia's #1 stock forum

SYA

Click for more information

12.9%

3.5¢ sayona mining limited

If You believe GS but every other outlet uses much higher price...

First 435 Last

Share
Profile

Follow
SplitFusion

4,429 Posts.

8622

25/05/22

20:24

Post #: 61622533
Share

Originally posted by binwood: ↑

GS are predicting LT spod at $1,100 and Carbonate at $15,000 as per below:

Carbonate production allowing for recoveries takes approx 8t of SC6 + conversion costs of c. $3k. So call all in cost $11,600. So your margin uplift is about $3,400

At NAL production rate you'd make about 20kt of Carbonate a year so based on estimate uplift that is around $70m extra profit vs just selling spod. Would be a $400m+ capex for that size refinery so that's likely a 7-8 year payback

As for other arguments NAL will be lucky to be in production by mid 2023 (I mean you were supposed to have a DFS 3 months ago and you just got a PFS, still need DFS, financing FID and construction to happen)

So based on GS numbers spod price over the PLL contract period is likely to be average something like $2,500. 113kt at $900 and 50kt at $2,500 works out to an average price of $1,390 which is barely above the PFS pricing.

Anyone ramping massive conservativeness built into this PFS is kidding themselves.

Expand

If You believe GS but every other outlet uses much higher price through 2030 - I prefer BMI since all they do is Lithium and are the only source that the wall street journal trusts.

SYA Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

The iron ore comeback: Can it last?

HAS

Hastings progressing Yangibana to production with lower costs

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ZNC

Zenith's sale of Develin Creek delivers $975K cash, with shares up 13%

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

There are more pages in this discussion • 264 more messages in this thread...

First 435 Last

Add SYA (ASX) to my watchlist

(20min delay)
Last 3.5¢		Change 0.004(12.9%)		Mkt cap ! $360.2M

Open	High	Low	Value	Volume
3.2¢	3.7¢	3.2¢	$3.583M	104.2M

Buyers (Bids)

No.	Vol.	Price($)
37	5222047	3.5¢

Sellers (Offers)

Price($)	Vol.	No.
3.6¢	3114773	17

View Market Depth

No.	Vol.	Price($)
37	5222047	0.035
27	15134780	0.034
26	7161292	0.033
30	10087485	0.032
31	9500991	0.031

Price($)	Vol.	No.
0.036	3114773	17
0.037	5051036	20
0.038	7409477	15
0.039	4257398	22
0.040	6815496	25

Last trade - 16.10pm 30/09/2024 (20 minute delay)

SYA (ASX) Chart