CY5 cygnus metals limited

4.44%

9.4¢

Hey Triage just an FYI Sayona actually won 60% of Moblan not...

First 198 Last

Share
Profile

Follow
Mctm111

963 Posts.

146

03/02/24

10:53

Post #: 72218296
Share

Originally posted by triage: ↑

I hold Arcadium - but mainly for the Argentinean brine, Sayona - mainly because they are in production, and Winsome - because where else can you buy something with in excess of 100mt in MRE (well, they will have after their next MRE update) and an enterprise value of not much more than $50m.

Arcadium's James Bay project has about 110mt MRE and Sayona's Moblan is also likely to have a MRE of more than 100mt - though Sayona has only 50% of that project - and both Arcadium and Sayona are toying with going downstream so I have solid exposure to the North American lithium supply chain for when ever the yanks stop going backwards. ... "as dumb as an American" is now my go-to put-down.

I also got stuck with a few Omnia shares which I have pretty much written off. If their reverse takeover by the Canadian outfit, Dixie Gold, is dependent on them raising the $3m they say they want to then I can't see the deal going through. Maybe I'm wrong but in any case Rabbits, the MD, indicated that they are putting their James Bay lithium "prospect" on the back burner so it seems any success the new Omnia might have will not come from Quebec lithium.

I have been so wrong so often I don't know why I bother but if I were to pick a part of James Bay with great potential it would be the cluster of projects on the Trieste Trend where Winsome's Adina is. Not only do I think that combined area has world class potential it also already has Rio Tinto in attendance which clearly is attracted to projects with world class potential. So of the contenders in the malibu Cup I would pick Loyal but seeing I already have Winsome then I would have too many eggs in the same basket if I were to buy some Loyal Lithium as well.

How about you, malibu? No need for details but really interested in your logic in these difficult times. (also I might be a twit but do not tweet )

Expand

Hey Triage just an FYI Sayona actually won 60% of Moblan not 50%
The project
In a joint venture with SOQUEM, Sayona acquired a 60% majority of the Moblan project, which is located in a world-class lithium-rich mining province in the Eeyou Istchee James Bay region, in September 2021. Sayona is proud of this new investor-backed project, which gives it another boost to ensure that Quebec can meet the growing demand for lithium in North America.

CY5 Price at posting: 7.4¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MEM

Many are concerned about global falling birthrates. This diverse stock has solutions

VBX Ltd jumps 15% on ASX debut as newest Oz bauxite player

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Tuesday's HotCopper trends: Meeka trading halt, MTM's Caldeira collab | June 17, 2025

DYL

Much-shorted Oz Uranium stocks enjoying big week – and big price jumps

First 198 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 9.4¢		Change 0.004(4.44%)		Mkt cap ! $80.00M

Open	High	Low	Value	Volume
9.2¢	9.4¢	9.0¢	$52.39K	574.0K

Buyers (Bids)

No.	Vol.	Price($)
2	43676	9.1¢

Sellers (Offers)

Price($)	Vol.	No.
9.4¢	10000	1

View Market Depth

No.	Vol.	Price($)
2	43676	0.091
2	109245	0.090
1	11235	0.089
1	100000	0.088
1	62350	0.087

Price($)	Vol.	No.
0.094	10000	1
0.095	30000	1
0.096	30000	1
0.097	80807	2
0.099	59600	1

Last trade - 14.00pm 17/06/2025 (20 minute delay)

CY5 (ASX) Chart

Hey Triage just an FYI Sayona actually won 60% of Moblan not...

The project

Many are concerned about global falling birthrates. This diverse stock has solutions

VBX Ltd jumps 15% on ASX debut as newest Oz bauxite player

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Tuesday's HotCopper trends: Meeka trading halt, MTM's Caldeira collab | June 17, 2025

Much-shorted Oz Uranium stocks enjoying big week – and big price jumps

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Hey Triage just an FYI Sayona actually won 60% of Moblan not...

The project

Top Stories

Many are concerned about global falling birthrates. This diverse stock has solutions

VBX Ltd jumps 15% on ASX debut as newest Oz bauxite player

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Tuesday's HotCopper trends: Meeka trading halt, MTM's Caldeira collab | June 17, 2025

Much-shorted Oz Uranium stocks enjoying big week – and big price jumps

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News