General Discussion Topics, page-142945

Sayona’s valuation is simply because of its high cost of production which means it can’t do what companies are designed to do (I.e. make profits and return them to shareholders). Operating in Canada doesn’t help given the high costs and large amounts of red tape.

Throw in the horrific agreement with a company like PLL that has a board full of bankers and consultants with no mining experience which explains a lot about the insanity of forcing NAL to operate and print enormous losses.

It doesn’t matter how big the JORC tonnage is, if none of it is economic.


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