SYA 5.26% 3.6¢ sayona mining limited

General Discussion Topics, page-136076

  1. 2,566 Posts.
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    I'm interested to hear peoples view on a 10:1 share consolidation.

    It would leave us with a share price of $0.39, 1 billion shares on issue(PLS has 3 billion on issue), a mine that is close to nameplate, a great recovery rate (December recovery rate 66%, which is in line with PLS), no debt, a converter that will cost 50 to 70% less than someone who is building a converter from scratch and a monster Moblan resource.
    It all looks pretty attractive to me.
 
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