I have read what SB wrote but not sure why SYA would want to be TSX, since all Canadian lithium player of size move to US listing. I have researched a lot of Canadian TSX listings and the feeling I get is that even though Canada is a Tier 1 resource jurisdiction Lithium just like in ASX is unknown and a small side show.
Lithium is a side show in US exchanges too but it is the biggest pond.
On a secondary note Sayona Quebec is a Canadian company so TSX listing or not I doubt it matters for any Canadian grants. What SYA need is US footing to tap into juicy Inflation Reduction Act for some free money.
This CR is not going to do much, as only the novice will get fooled by the top price not realising the reason for the premium.
However I dont mind the CR, if an opportunity comes to buy an asset why not. Because I am waiting for the the big money when Authier/Moblan/Tasmin is developed, as for as I am concerned NAL doesnt change the valuation much for SYA until there is clarity next half yearly. Since this BOD is very flaky with details.
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Open | High | Low | Value | Volume |
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41 | 8299924 | 0.031 |
52 | 5971930 | 0.030 |
37 | 9087930 | 0.029 |
28 | 4623296 | 0.028 |
Price($) | Vol. | No. |
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0.034 | 7248696 | 12 |
0.035 | 6833588 | 22 |
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