General Discussion Topics, page-136974

I see a huge number of low-ball bids across most stocks. The problem with SYA, as I see it, is that buyers have been pummeled, its all the retail buyers fault , and there's just no support since any potentially interested retail buyers are already in the red.

My entry thesis was based the confirmation of ramping up to full production and implementing cost-cutting measures would underpin a share price of at least 4 cents, but my thesis has proven incorrect which is kinda ok to be wrong not happy, but it was an imagined possibility, but what wasnt in in my imagined possibility list was the rapidity of being incorrect. SYA was 4.3 for a microsecond and 4.2 for half a day. Then back to 4.1, 4.0, 3.9 and then yesterday!!!

The bottom line is this: SYA is an operating mine moving towards full production, with $150 million in the bank and apparently able to sell its production at least at the marginal cost of extraction. So, it's down but not out and, in my opinion, not heading towards voluntary administration. Obviously, a reevaluation of the board of directors is needed—they are overpriced, and for an operational lithium miner, they have overseen an unnaturally steep decline in share price compared to what should be their peer group of producing lithium miners.