SYA 17.4% 2.7¢ sayona mining limited

General Discussion Topics, page-124759

  1. 13,500 Posts.
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    Good question , Lithium battery manufacturers need refineries and refineries need spodumene , lepidolite or brine, somewhere along the chain something something will give . Lepidolite miners would be stuggling to be proitable at current prices IMO but Its not difficult for existing lower cost Spodumene miners to increase production and we have LTR starting next year along with others ,they all need refineries to take it and they can have a long ramp up.
    It a rather complex dance and very hard to get a handle on timing also makes it hard to make decisions with any confidence, probably become a bit clearer later into next year IMO..

    Main priority for SYA is to get recoveries and production up and keep costs down ..

    Cheers Whisky
 
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