SYA 3.03% 3.4¢ sayona mining limited

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    From the above report-

    “Further out, 2022–23 has been lifted from $4.6 billion to $7.8 billion, and 2023–24 from $5.3 billion to $9.4 billion,” the Quarterly says. The latter is a rise of more than 77%.

    Spodumene (a key lithium ore) “prices are forecast to rise from an average US$675 a tonne in 2021 to US$2,235 a tonne in 2022, before easing to about US$1800 a tonne in 2024.”
    Median app.US$2000
    Now translate that to figure 6 in the PFS-
    https://hotcopper.com.au/data/attachments/4483/4483297-4f9c2b7986b97f490cb4b94f2d90dfd1.jpg
    So, just on SC6 prices alone, we should have a-

    NPV 2- 2.2billion, IRR 290 and a payback of around 1 year, still with an 8%discount.

    Then add in recovery and production rate increases and it is north again...and don't even mention a refined product...

 
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