SYA 3.57% 2.7¢ sayona mining limited

General Discussion Topics, page-31453

  1. 300 Posts.
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    Yes it will be an anchor however when that deal was struck, SC6 was below US$500, AJM was being consumed by PLS and the capital raising taps were shut for explorers at the bottom of the market.

    It was our springboard out of that miserable groundhog day hole and it cast a massive spotlight on SYA.

    Partnering with a (just) US listed company with a Tesla deal gave Quebec political cover for awarding the assets to an never give up aussie company.

    Even with 50% locked in at US$900, there is still a lot of monet to be made on the other 50% with a long term price of ~$1,400 (Roskill) or above.

    Very healthy profits on the PLL 50% and mega profits on SYA other 50% is better than a glass half full in my thinking.

    Cashflow positive production capacity, at the start of a decade long boom, is priceless.
 
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