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3.3¢ sayona mining limited

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30/11/23

14:03

Post #: 71194995
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Originally posted by spike27: ↑

Just watched and listened to that dumspter fire of an AGM for the last 2 hours.

First things first, Loui you have my respect and admiration. You held Brown's feet to the fire and were brave to speak out loud, stating what many of us were thinking and feeling. I posed 4 questions online and not one of them was presented to the board. Typical.

I just sold all of my shares, in excess of 7 figures. I still believe in the company after holding for more than two years, but not with this board at the helm. I'll buy in again when the carbonate processing is confirmed and guaranteed. Till then we are slaves to the PLL offtake.

Brown confirmed that they will be taking a very conservative approach and cutting costs where possible but he will absolutely honor the PLL offtake. They intend to proceed with carbonate processing but will likely take a slow and measured approach to it. I wont be holding my breath for that one and I'll believe the intended 2026 go live for carbonate is a pipe dream.

Essentially the PLL offtake now means that if the forward predictions of Brown and co are correct and NAL produces 140,000 - 160,000 ktpa in the next year at NAL, then we will only be left with between 27,000 - 47,000 ktpa. Approximately 1/4 to less than 1/2 of PLL's allotment.

What an absolute joke for Sayona shareholders and a kick in the teeth. How would they finance a carbonate plant with that sort of return?

I wish good luck to all holders.

Not advice and do your own research.

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We cant finance it ourselves... we'll have to be lucky with government grants and/or offtake partners who are willing to invest capital upfront.

SYA Price at posting: 6.3¢ Sentiment: Hold Disclosure: Held
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Last 3.3¢		Change -0.001(2.94%)		Mkt cap ! $339.6M

Open	High	Low	Value	Volume
3.5¢	3.5¢	3.3¢	$1.174M	34.93M

Buyers (Bids)

No.	Vol.	Price($)
21	1901251	3.3¢

Sellers (Offers)

Price($)	Vol.	No.
3.4¢	5629468	15

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No.	Vol.	Price($)
21	1901251	0.033
58	11434208	0.032
34	10875468	0.031
62	10248798	0.030
45	7023480	0.029

Price($)	Vol.	No.
0.034	5629468	15
0.035	10234486	22
0.036	11804593	32
0.037	10777610	35
0.038	15382538	34

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General Discussion Topics, page-125338

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General Discussion Topics, page-125338

Top Stories

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