SYA 2.86% 3.4¢ sayona mining limited

General Discussion Topics, page-139822

  1. 1,113 Posts.
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    Yes but Patriot also doesn't have a twice failed lithium plant going through ramp up at the moment that's burning through cash during the bottom of a pricing cycle.. if this wasn't shorted heavily there would be something wrong.

    Sayona just needs to keep on focused on output and cost reductions at NAL.. This will be the major catalyst to rid the shorts..

    Think of it this way.. if Sayona announced going ahead with the carbonate plant right now do you think shorts would exit or double down?

    My feeling is they would double the fk down.. you've got a non chemical specialist mining company that hasn't reached name plate without a regional battery supply chain to sell chemicals into.. not to mention the massive Capex commitments..

    If your someone who is shouting from the rooftops 'carbonate plant now!' just consider the above for a moment
    Last edited by Norbeto: 23/05/24
 
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