SYA 0.00% 3.4¢ sayona mining limited

General Discussion Topics, page-21830

  1. 12,830 Posts.
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    I absolutely hate it when incorrect information is posted just in order to ' down ramp ' a stock for obviously their own selfish reasons.

    So I had to come out of my HC retirement mode and respond . The almost 7 times strip ratio I believe you are referring to is the strip ratio ( 6.9:1 ) for Authier's ' single body of lithium ore which is 20 meters thick and the whole reason why Sayona won the ' Blended Ore ' pitch and BID for NAL..

    The strip ratio for NAL as last reported by none other than BBA engineering in the NAL pre-feasibility and approvals stages was noted below which you can see is actually better than Authier and probably why Lynch stated he wanted to improve the strip ratios and the overall efficiency of the ' Blended Ore ' in the latest expansion drilling which results are currently pending :-

    " The mining reserves calculated in the present Pre-Feasibility Study, include an allowance of 11% for mining dilution and 8% for mining loss and total 15.5 Mt with an average grade of 1.05 %Li2O using a cut-off grade of 1.15%Li2O. The total waste contained in the pit design is 66.09 Mt including 1.26 Mt of inferred material, resulting in a stripping ratio of 4.26 tonne of waste per tonne of ore. "

 
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