SYA 0.00% 3.7¢ sayona mining limited

attack on 6 cents, page-11

  1. 2,110 Posts.
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    Here is what I think the issue is, since early this month the stock has took off to a dif gear and up 400-500% depends ur entry price and many of you think of the retracement to sell at high and buy back in at low, but do you know the fair value at the moment and why the stock took off so suddenly? Fair value at least 13cents in my opinion ($140m based on old PFS back in Feb and divided by current outstanding shares so roughly 10cents. We all know they have been drilling in Authier for the updated PFS &DFS so I will give 30% uptick overall that's how I get 13cents included updated market price is the spod).

    The retracement might just the daily swing but won't be a lot. Rather than take the risk to gift ur gains to the tax man might as well to hold and play out until it gets to fair value then decide . This is my opinion ofc. Dyor
 
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