SYA 2.94% 3.5¢ sayona mining limited

While you have something to sell that sells at a price above...

  1. 1,326 Posts.
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    While you have something to sell that sells at a price above what it costs to produce, then it's hard for cash to run out unless you invest it into expansion that doesn't work.

    GS forecasts are full of shit. They released those, the market crashed, then they went and bought up big in Lithium. Similar to how they've been fined billions of dollars for market manipulation. The problem is the fines are less than what they profit on manipulating.

    Lithium demand will increase, as it has the past few years now all governments are transitioning to green power.
    The number of mines and suppliers out there aren't going to increase exponentially to create this huge surplus where spod prices are back to levels of years ago.

    Albemarle's takeover bid for LTR and other mining giants looking to get into Lithium shows the people who are really in the know aren't overly concerned.

 
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