SYA has an undervalued( compared to its peers) and advanced(past exploration and at Appraisal stage) lithium project at Authier. Its NPV after the PFS is Can$140m and its present MC(about $A20m) is only a fraction of that. Its obvious to most experienced investors that the MC will head toward the value of its asset. Sp will rise simply because of the low Mc and lithium bull market.
Any discoveries of conglomerated deposits of gold at Mallina will be an absolute bonus.
The DFS will be announced very soon and a re-rating will undoubtedly occur before and after to the completion of the DFS in 2018. Why? Institutions will take notice and we already know that this is investment grade.
DYOR.
SYA has an undervalued( compared to its peers) and advanced(past...
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3.4¢ |
Change
0.001(3.03%) |
Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.5¢ | 3.3¢ | $1.368M | 40.39M |
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| No. | Vol. | Price($) |
|---|---|---|
| 44 | 13154629 | 3.3¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 636953 | 2 |
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