General Discussion Topics, page-82016

I'm up watching U.S. markets....so tomorrow S/P should ASX rise ...breaking the ASX .....5 day drop.

IMO long term SYA with NAL should do well.in longer term...
.
.however, short term...Cannacord's analysts report suggests S/P for now is fundamentally about fairly priced (neutral.) thus the 20-24 range
Shorts from ASX 200 swoop on this to keep SYA in a tight trading range...20- 24 ish...
Until production can show how much profit there is after operating expenses....

The elephant in the room is the offtake deal that gives PLL ...control of production .I notice PLL S/P is far more positive than SYA/asf on the U.S. market!..
Entry into ASX 200 is the big league....where new companies are scrutinized in depth...
Please note as the lithium market is under more scrutiny now from big U.S. investment bankers (goldman sachs, morgan stanley.Macquarie,)
& they saying CXO is overpriced. PLS is overpriced,
so as SYA as a newbie not in production yet is under pressure from shorts to be taken down ..When a company is changing into a producing company like SYA....S/P keeps in a trading range ...UNTIL it shows value for upside.....
soon hopefully a positive announcement will jump S/P 10/15% into great upside..with max. volume .
Its a hard time to watch markets .....good luck all
cheers captjohn