SYA 4.17% 2.3¢ sayona mining limited

General Discussion Topics, page-131802

  1. 13,499 Posts.
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    Do you think that four days of green and about 70% rise is due to the leak of DFS study ?? I still believe that the rise is because some partnership has been taking place and waiting for the DFS to be completed.

    Well it makes for a good story and of course can never be discounted, at some point if the project is to go ahead something has to happen, as it is we are already in a JV at Moblan. Not a great time to be negotiating from a position of strength.

    Upon receipt of the necessary regulatory approvals, delivery of an appropriate financing package based on securing potential offtake and project partners, the Project is expected to require approximately two years to complete construction.

    IMO the above would indicate any decision is a bit further down the track we have plenty on our hands with NAL at the moment.

    It's unlikely IMO the recent moonshot has anything to do with a leak on the DFS, it was expected and has no effect on revenue only expenditure, its related to the future not now. When Litium prices were going parabolic FOMO would ensure an update like would have had punters foaming at the mouth but that's not the case at the moment...

    Cheers Whisky
 
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