...Correction. Sayona's DFS spod sales figures are NOT tied to spot prices in the same way that Sigma's DFS project forecast sales figures are. So whether spot prices are falling or not , Sayona didn't go with DFS figures about US $3,000 per tonne. And that can only benefit them as they navigate through this part of the ' cycle ' in lithium market pricing. So then , so long as they can control their costs in line with these forecasts , their SP should ultimately be rewarded for their conservatism and NOT penalised.
It just takes time sometime for the Market to come around and ultimately recognize these benefits. But it will when it has more guidance and visibility on the cost and sales side......as well as ' Quality ' and environmentally accepted ' Green Lithium ' - As has Sigma.
...Correction. Sayona's DFS spod sales figures are NOT tied to...
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Last
3.6¢ |
Change
0.002(5.88%) |
Mkt cap ! $370.5M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.7¢ | 3.4¢ | $2.402M | 67.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 8880005 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 3759224 | 17 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| SYA (ASX) Chart |