General Discussion Topics, page-33482

See that comment is not entirely true and correct. Yes the rest of the Lithium sector was down , and YES Sayona was down.

But is was only a matter of weeks if not days ago Investors were commenting that when the rest of the Lithium sector was rising in spades that they couldn't understand why Sayona was not also rising.

At the same time and when Sayona's SP was languishing sideways day in day out when the overall markets and Lithium sector was falling , there were those who were saying we were travelling o.k...... So it only means something now because there has been this obvious and evident sector correction playing out for the reasons I have previously stated. But it doesn't take away the fact that there are specific issues relating to Sayona which most here don't want to hear them for some reason.

So it doesn't mean a cracker as to how high the price of lithium spodumene goes to ......it can go to US$10,000 per tonne - but if your projects are hung up and you can't get the stuff out of the ground to capture the sales in the marketplace.....it means NOTHING.

So that's where we are at the moment with the next expected ripple on effect being that of the EV manufacturers ( Tesla et al ) and other downstream battery precursor manufactures getting hit hard on their SP's.

And unfortunately , It's an un-reconcilable and un-mitigating supply chain ' bottleneck ' and deficiency in supply caused by the under investment and repeated lengthy delays in getting mines up and through the inordinate environmental and zero emission - zero carbon clean mining expectations.

So this talk about the whole of the sector being down as being the root cause when you selectively want to use it is an absolute nonsense. Especially when you have a Lithium stock like Frontier who is up 16% in the last 5 days and 45% in the last month despite ALL the surrounding other macro issues.