SYA 3.13% 3.1¢ sayona mining limited

@Langleybc ... the great Warren Buffett has said he rather be...

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    @Langleybc ... the great Warren Buffett has said he rather be "approximately right rather than exactly wrong". Very few things are a certainty (as many here have found out)

    * Steady State production soon .... highly likely

    * (Cash) Breakeven soon ....not likely ... maybe on COP but not on COGS ... not likely on Net Income (i.e. after depreciation (you know the capital invested to buy/refurbish & restart the mine and concentrator) ... and SYA does not control Spot price only their costs.

    * CR ... highly dependent on Spot pricing (out of their control)

    * Debt Facility ... highly unlikely (unless GoQ decides to "save" SYQ with low cost write off loan). Commercial loan makes little sense ... the cash flow to make P&I payments isn't there. Hard to see that as an option

    * TSLA isn't a charitable institution. That seem's a stretch ... far from "certainty" IMO but its a possibility.

    Good luck.
 
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