SYA 2.86% 3.6¢ sayona mining limited

Thanks Whisky, we had about 99m left from last quarter report....

  1. 172 Posts.
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    Thanks Whisky, we had about 99m left from last quarter report. if we have $90-$100m coming in, then take out ops cost of $50-70m, that looks positive for next quarterly report. The key now is still the spod pricing, which I cannot see any light down the tunnel yet. I just hope we will survive cuz the next rise will be stronger!

    Something I also read, lithium is like any mining industries, miners will target on the easy ones to mine first, then move on to the harder ones later with no choice. So the rate of increase of lithium supply over the next 5 years is a BIG question mark. Look at how hard we to get to this point....I never believed the over supply theory until now, but doubt it will last long! The supply increase rate will drop I reckon. If big companies keep acquiring new mines and expand their output, that has to be a clue!
 
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