SYA 5.26% 3.6¢ sayona mining limited

Why do we need an off take- it's not as if we are looking...

  1. 1,315 Posts.
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    Why do we need an off take- it's not as if we are looking financing or to sell product in advance to secure cashflow. It is just not in our interests to have an off take agreement right now when spodumene is forecast to be in deficit. Nobody will sign up to an off take at these prices anyhow, because they could be caught on a declining price. IMO all this talk of an non off take is a non event - irrelevant, especially when we don't want our supply restricted for a specific purpose. I mean what off take do we take to market - spod, carbonate and for what period? There is no benefit in signing along term off take as we just can't commit long term. The company is very much focused on short term added value product enhancements, not locking in restrictive. future commitments
 
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Last
3.6¢
Change
-0.002(5.26%)
Mkt cap ! $370.5M
Open High Low Value Volume
3.7¢ 3.7¢ 3.5¢ $2.158M 59.44M

Buyers (Bids)

No. Vol. Price($)
6 2625000 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 5881377 21
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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