how can they pay for any new mine? Very slim profits, can pay for drilling. But not a new mine aka Authier, Moblan etc. will require more raises and then what? 15B SOI? More? A company can’t function well at those levels, it’s not hard to see the future here unfortunately, share price staying low. Sayona don’t own 100% of their assets. In October we will know if any profit is made with Piedmonts deal, and what kind of profit with the other half. But like I said that won’t pay for a carbonate plant or a new mine. So it’s more raising and at a low price point and adding unrealistic number of shares on issue.
- Forums
- ASX - By Stock
- General Discussion Topics
how can they pay for any new mine? Very slim profits, can pay...
-
- There are more pages in this discussion • 23,600 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
Add SYA (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.0¢ |
Change
-0.001(3.23%) |
Mkt cap ! $308.7M |
Open | High | Low | Value | Volume |
3.0¢ | 3.1¢ | 3.0¢ | $655.3K | 21.50M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
131 | 33563667 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 503427 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
122 | 31389515 | 0.030 |
48 | 7665323 | 0.029 |
47 | 4292696 | 0.028 |
17 | 3625816 | 0.027 |
6 | 3768118 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 503427 | 5 |
0.032 | 5408251 | 27 |
0.033 | 4269484 | 22 |
0.034 | 8261043 | 26 |
0.035 | 11425516 | 35 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
SYA (ASX) Chart |