@LStruthers
Agreed on the undervalued card at this point.
The book value of assets is 800M odd. That puts this alone at 8c.
Yet here we are at 3.9c not even half the book value.
An there is no reason we will see a significant write down in that book value of assets:
150M in cash so about 1.5c cant be written down
most of the remaining PP&E per the notes...
what exactly are we going to write down?
A plant /mine production site that has just came online? Or are we going to write down our mine properties (sites) ie Moblan LOL.
Nope this is just plain old manipulation. People wanted us out of the ASX and I said it wasnt a good idea to want such a thing.
As I said Pump, double dump & also more recently visible on days of no asx rebalance - LOW volume.
Shorts are counting on 3 things:
1) A further price decline in lithium
2) A really bad March 2023 QTRly
3) You being that frustrated in the slide we have already had that you give up and sell.
I am not going ANYWHERE. If those behind the scenes want my shares they can have them when they are worthless. We are in JV of the only operating lithium mine in N.A and have 150M cash and no debt. We also have a 60% stake in Moblan, of which is 40% government owned and will support SYA in development. Moblan of which is the largest known lithium resource in all of Canada (sorry E3 listed on google, Moblan is BIGGER!).
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Open | High | Low | Value | Volume |
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64 | 10111817 | 0.032 |
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