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2.7¢ sayona mining limited

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Yk84

1,232 Posts.

242

27/08/24

04:38

Post #: 75384509
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Originally posted by SplitFusion: ↑

Yes, you are so right. My point is that all I keep hearing is that we don't have the money and we don't have the skill set. These are excuses, not reasons. As I have outlined the money will be there, but management needs to believe in the project, which I think has been more the problem.

So what is the cost of not doing this? Well depending on the shipment it costs us $150 to $200 per ton shipped. If you take that across the full 113,000 JV tonnage, you end up with 22,600,000 in ocean shipping costs, You would also not have to ship spod to the port of Quebec, or truck spod to the railyard and the product (carbonate) that you would ship would be local to Quebec and weight 8 times less than spodumene. I don't have a great overall estimate of the savings but its pretty clear that 35 million would be a very conservative estimate, Now multiply that times a 20 year mine life and you get 700 Million is savings added on to the fact that we would no longer have a PLL OTA for spod.

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There is more to that than what you have mentioned.
I agree with all you mentioned but the real intentions of SYA BOD.
It appears to be their intentions are corrupt.

SYA Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.7¢		Change 0.000(0.00%)		Mkt cap ! $277.9M

Open	High	Low	Value	Volume
2.7¢	2.8¢	2.6¢	$448.3K	16.62M

Buyers (Bids)

No.	Vol.	Price($)
54	12228399	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
2.7¢	166868	1

View Market Depth

No.	Vol.	Price($)
53	11228399	0.026
61	23040563	0.025
37	14612319	0.024
30	12005780	0.023
19	4500455	0.022

Price($)	Vol.	No.
0.027	166868	1
0.028	7787737	12
0.029	4788901	14
0.030	7629537	44
0.031	4489914	19

Last trade - 16.10pm 26/08/2024 (20 minute delay)

SYA (ASX) Chart