SYA 2.94% 3.3¢ sayona mining limited

I can see see advantages for IRR holders over our deal with PLL...

  1. 301 Posts.
    lightbulb Created with Sketch. 413
    I can see see advantages for IRR holders over our deal with PLL and why it beats other African plays having PLL earning in to project by funding 295,000tpa of SC6 into production.

    Make no mistake PLL was a turning point for SYA but we'll have to see how we manage the 50% LOM PLL offtake from Authier. Also a crucial partner in NAL and shaping up as potential JV for hydroxide and/or carbonate production. Amazing turnaround in only 9 months.

    I can see what caught PLLs interest in IRR. For comparison with other African lithium aspirants, IRR is 1km from coast, 1km from bitumen national highway, high voltage power through site with hydro generators, 110km to bulk shipping port. Now fully funded by PLL to production with 570m SOI and gold assets to be demerger 18 Nov and IRR to renamed to Atlantic Lithium. Still only A$220m market value.

    We all need help to get projects off the ground sometimes.
 
watchlist Created with Sketch. Add SYA (ASX) to my watchlist
(20min delay)
Last
3.3¢
Change
-0.001(2.94%)
Mkt cap ! $339.6M
Open High Low Value Volume
3.5¢ 3.5¢ 3.3¢ $1.174M 34.93M

Buyers (Bids)

No. Vol. Price($)
21 1901251 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 5629468 15
View Market Depth
Last trade - 16.10pm 11/10/2024 (20 minute delay) ?
SYA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.