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3.1¢ sayona mining limited

Anyone that were thinkig that this financial report was going to...

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MilesCC

4,514 Posts.

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25/07/24

16:00

Post #: 74917021
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Originally posted by cmonaussie: ↑

If you think doing that is reasonable then by all means do so.

Putting my text is italics as I'm just cutting and pasting some snippets from some posters.

Unfortunately no ....

and then

I did and they weren't.

and we have

Well the surprise part is right - that's for sure.

And we also had this posted

NO IT DOES NOT HAVE TOO.. Yes producing more tonnes lowers your FIXED COST per tonne. But if you variable costs are inflating higher then that is not always the case - surprise surprise - noting higher reagent costs and labour for example.

Mill utilisation and recovery were Qtr highlights ... but even with those, costs came down only marginally ... NAL's high cost of production really has the spotlight upon it at present ... it has to be brought down using whatever means necessary ... otherwise it becomes the marginal cost producer in a general supply sense ... a big beneficiary if and when 2-tiered pricing for IRA compliant material arrives.

Well see how well this fares in the coming weeks

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Anyone that were thinkig that this financial report was going to be good are big dreamer...
Lithium need to recover, without this...we are gone and heading for more pain...imo...

SYA Price at posting: 3.0¢ Sentiment: None Disclosure: Not Held
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Last 3.1¢		Change -0.001(3.13%)		Mkt cap ! $319.0M

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Price($)	Vol.	No.
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