SYA 3.23% 3.0¢ sayona mining limited

General Discussion Topics, page-128768

  1. 22 Posts.
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    Yes many of us sitting on some huge losses from the highs! So hard to make sense of what's going on right now.... saw a post on the PLS board that stated 'LTR bad news is sort of good news for lithium sector and producers like PLS. Less Spod to hit market and you can say goodbye to new spod mines this decade.' Hard to interpret anything as good news at the moment, but if prices are to stay extremely low into the future - i think the LTR debt refinancing issue was triggered by 'Wood Mackenzie's Global Lithium Market Investment Horizon Outlook Q4 2023 for forecast spot spodumene pricing was up to 60% lower than the previous forecast contained in its Global Lithium Market Investment Horizon Outlook Q3 2023' - then how are any of these new mines going to get financed and how will any early stage producers lke us finance expansion? Either way, doesn't look like there will be much releif in the short term
 
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