Agree 100% but would add that the NAL facility can also process non-SYA Li and earn serious $ before Authier, etc come online. Yes there is investment in new downstream processing in Naraha (Japan) for ORE/GXY/AKE, PLL/POSCO (Korea), Gangfeng & others expansions (China), Others (EU/Russia) but the only existing processing plant in North America is NAL - so I humbly suggest SYA/PLL will be processing other Li before their own resources and making serious $. There are numerous Small/Mid Cap Aussie players on the global Lithium stage with great mineral resources and the skill sets to make it happen - and they know each other's management. IMHO hold onto you SYA shares as the BOD may not be interested in consolidation now - or in fact need to after the last CR.
On another side point maybe someone should start a + Million Shares Cllub thread for SYA like some of the other stocks. Like many I got in early and accumulated. Never fall in love with any stock, but with SYA there is so much to like very much!
Agree 100% but would add that the NAL facility can also process...
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3.1¢ |
Change
-0.001(3.13%) |
Mkt cap ! $319.0M | |||
| Open | High | Low | Value | Volume |
| 3.2¢ | 3.3¢ | 3.0¢ | $1.702M | 55.11M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 850534 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 5159807 | 9 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| SYA (ASX) Chart |