SYA 5.26% 3.6¢ sayona mining limited

General Discussion Topics, page-1724

  1. 8,293 Posts.
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    Anything is possible in the marketplace. Good companies with earnings growth get sold down to way below fundamental value, some others reach dizzy but unsustainable heights on some whimsical possibilities.

    In the case of SYA the possibilities are coming but of course as yet no earnings nor imminent earnings. A lot hinges on agreements, approvals and deal making plus upcoming results from drilling. Judging by what happened with DEG with gold findings, in the short term at least, the catalyst to move upward may just be upon the release of some positive gold drilling results, a favourable resolution of NAL wranglings with realistic numbers for SYA and then the much anticipated favourable BAPE decision. Once BAPE is approved then the next step is accessing the ore bodies and how that translates with NAL, PLL or otherwise.

    A lot of expectation and hopefully some will be fulfilled and perhaps exceeded. The possibility of 10c is more probable to be achieved and at this point more realistic then a dizzy $1 level. No certainty for either but equally one can never say never either. Strange things can happen.
 
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Last
3.6¢
Change
-0.002(5.26%)
Mkt cap ! $370.5M
Open High Low Value Volume
3.7¢ 3.7¢ 3.5¢ $2.158M 59.44M

Buyers (Bids)

No. Vol. Price($)
6 2625000 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 5881377 21
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
SYA (ASX) Chart
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