SYA 2.94% 3.3¢ sayona mining limited

Spoke to SYA, and in brief, Moblan is shaping up nicely, just...

  1. 1,300 Posts.
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    Spoke to SYA, and in brief, Moblan is shaping up nicely, just waiting on a final piece of info to be received for an announcement to be released, but my take was they are very pleased with Moblan and the figures, etc, that are coming in.
    Although in a perfect world, you can never 100% rule out, but was indicated that C&M is very unlikely.
    PLL are paying their dues, which is good.
    Definitely tough times due to the spod price, etc, but just have to get through these tough times and will come out the other side quite well and in a fantastic position. All producing Lithium players will have their balance sheet strained obviously, for SYA, profit/loss may be marginal but as mentioned, very expected under the circumstances so they are doing very very well under these strained conditions... I feel.

    Just a pity the SP is hurting is all and down, very testing, but like iron ore, lithium market should bounce back, but they feel in a more controlled way !

    Don't shoot the messenger, just thought I'd share, but all looking somewhat ok for what it is right now !

    GLTAH
 
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