SYA 3.13% 3.1¢ sayona mining limited

If it reaches 1.3c I will be backing the truck up for more :)...

  1. 3,576 Posts.
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    If it reaches 1.3c I will be backing the truck up for more

    Bought some more at 2.4c today.

    We’ve seen the SP fall nearly 40% over the last few days all because of an environmental DELAY. Environmental delay...native title delay... these sorts of things happen ALL THE TIME. And almost ALWAYS get resolved. Authier is not in jeopardy. The project is not at risk.

    So the sell off seems a bit of an overreaction to me. However, it is understandable.

    Right now SYA lives and dies by Authier. Momentum at Authier stops = momentum of SYA stops. Which is why I am keen to see us spread the risk and sink the drill bit into our pilgangoora tenements.

    Surely we don’t need 100% of our resources workin on Authier, DFS, environmental issues etc. Surely we can spare someone to lead a campaign in WA?

    Again, Authier should be our primary focus as it will give us that early movers advantage, but IMO I think our Pilgangoora tenements will prove to be much more prospective than Authier. Which is why I would like to see us going for both.

    All IMO

    GLTAH

    SP is entering bargain territory for those of us going long on SYA
 
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3.2¢ 3.3¢ 3.0¢ $1.702M 55.11M

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3.2¢ 5159807 9
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