Could there be a logical reason for the games that are being played in not allowing Sayona to run…
1. SYA are restarting a ´failed’ plant and large investors want to stay on the sidelines until it is de-risked? Could be, but a lot of money is being spent on upgrades and they have the expertise in spod production.
2. Assuming the plant can run on NAL feed alone, is the design and eventual success of the plant is based on NAL and Authier feed? If so then the tight timeline in terms of BAPE approval and production restart gives an uncertain scenario for investors until BAPE is approved. BAPE is something that is not in Sayona’s ultimate control and no matter how much confidence and trust we have in Brett, sophisticated investors might be waiting until this scenario starts to de-risk.
Happy to hear everyone’s thoughts and to be shot down in flames.
General Discussion Topics, page-38769
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Last
3.5¢ |
Change
-0.001(2.78%) |
Mkt cap ! $360.2M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.7¢ | 3.4¢ | $8.754M | 249.3M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000000 | 3.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 4706070 | 7 |
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| SYA (ASX) Chart |