SYA 3.13% 3.3¢ sayona mining limited

General Discussion Topics, page-23139

  1. 12,827 Posts.
    lightbulb Created with Sketch. 15618
    Nah. More like Sayona is going to do in 5 months what BRN did last year in less than 3 months between 17th July and 11 September with its 490 odd percentage increase.

    And what do they have exactly except revenues of less than US $1 million and operating losses of US$8.4 million and a promise and hope of future contracts and orders. After finance costs , it has a net loss of US 9.4 odd million.

    And its only got consolidated assets of less that $20 million.....not $100 million or even more in Sayona's case. And that all equates to a net asset backing of less than 1 cent per share ......and yet they are still valued a year later at A$787 million.

    Now you tell me who's got the better story with a fully functioning and ready to go Lithium processing plant and TWO already defined substantial JORC or equivalent in ground resources valued at perhaps less than or just over $1 per tonne.

    So who's really telling any lies here . Is it Sayona and their Management , is it US the ones you refer to as Down-ramper's , or is it the Market who more than often over time gets its right . Especially in the case of the other stock where it has been a year and it is still valued at more than half of where it went to in those 3 COVID effected months back in Jul - Sept 2020.

    Mate, I reckon I let the Market decide which one it feels is worthy of its valuation when compared to its other Global operating Industry Peers.

    But none is lying here pal. Unless you think the entire Quebec ' Pilbara Equivalent ' Lithium Resource Industry is worth peanuts when compared to Australia you have no argument in my opinion. So yeah Nemaska is worth ' Zilch ' as well mate....... eek.png

 
watchlist Created with Sketch. Add SYA (ASX) to my watchlist
(20min delay)
Last
3.3¢
Change
0.001(3.13%)
Mkt cap ! $339.6M
Open High Low Value Volume
3.3¢ 3.4¢ 3.2¢ $1.115M 34.04M

Buyers (Bids)

No. Vol. Price($)
131 21151240 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 1618716 6
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
3.3¢
  Change
0.001 ( 0.31 %)
Open High Low Volume
3.3¢ 3.4¢ 3.2¢ 21020600
Last updated 15.59pm 03/05/2024 ?
SYA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.