SYA 0.00% 2.4¢ sayona mining limited

well core lithium’s share price dropped around 25% on the C&M...

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    well core lithium’s share price dropped around 25% on the C&M announcement, was just trying to understand if the ramifications of C&M at NAL would be similar to cores or if there’s anything unique to our operation that would make the situation better or worse! I listened to their new CEO speak at the diggers conference, whilst I’m not trying to argue they’re in a great spot… he seems to be using the time to optimise costs and the plant for a restart and outlined that all emerging producers are still facing 300+ million in capex for a working plant that core (and we) already have + all the permitting hurdles! Obviously it’s all contingent on lithium rebounding next year which god knows if it will!

    I’m also down a ton and extremely p1ssed off at myself for hanging on all the way down, just trying to figure out if there’s still a future in 2-3 years where we have a viable operation


 
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