SYA 2.86% 3.4¢ sayona mining limited

General Discussion Topics, page-35215

  1. 12,830 Posts.
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    Mate. Much more easier to predict SP in a short period of only weeks when everything is ALREADY clearly going south. However , I did't see those same predictions made months ago......eek.png When the Company can't keep to its own timelines , lacks in the promotion and communications Department , then of course ALL bets are going to be off in terms of SP predictions. Maybe look at what HASN'T happened as against what was predicted. Therefore it is still possible to achieve 40 or 50 cents .....or even 34 - 36 cents for exactly the same reasons as originally predicted by March 2022. At least on the basis of what they have indicated as being the news flow from here.

    And the whole point about calling out the $18 billion fanciful 3 year projection is that the SP will have to get through these levels sooner rather than later because an SP in this mining business just doesn't jump to US $18 billion from 2 or 3 billion. Heck Albermarle is only valued at US$26 - $27 billion and which has only increased just over 50% in 1 year and just over 150% in the last 5 years.......and only 3,390% since 1994 or the last 27 years or 125% per year annualized . Even if Sayona were to emulate exactly the 27 year average return of Albemarle , it would still only be at around US$11.4 billion. But Sayona does not have the management or the track record of performance as Albemarle , and 1 year does not make a guaranteed trend.

    But getting back to the predictions in the SP , what appears to currently not be correct at the moment may l still end up being correct when it counts.

    Anyone can get the short term fluctuations right. Especially when ALL three of the last raises have always been about the theoretical average SP prices ie 7.5 + 14.5 = 22 divide by 2 - 11 cents which is where the SP has traded at just above at 11.25 cents. Coincidence. I think not. Prior to that , the support for the SP was clearly at 12 - 12.5 cents. Not rocket science by any stretch of the imagination.
 
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3.4¢
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3.5¢ 3.7¢ 3.3¢ $2.297M 65.91M

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