SYA 5.71% 3.3¢ sayona mining limited

General Discussion Topics, page-83692

  1. 12,830 Posts.
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    Yeah I saw those drill results the day they were released. They were garbage results. Not a single pegmatite dyke hit , and significant thick and challenging overburden struck in all 4 holes.

    even more important than the fact that Musk's elon project is some 1 kilometer north of Jordan's NAL pre-existing eastern extension is the fact that many should have noticed that ONLY 7 days AFTER on the 14th December when Jourdan announced its JV earn-in arrangements with Sayona that it continued on itself on the 21st December in grabbing ALL the remaining immediate Northern surrounding NAL tenements as well as some additional easterly bolt on tenements ( re : attached Map )

    https://hotcopper.com.au/data/attachments/4936/4936267-84ad631b845aef90e61d6270192c15f9.jpg


    People probably missed it because the purchase was for $50,000 only PLUS a varying point .25 to .5% net smelter royalty up to C$1 million and was qualified as an ' arms length ' transaction with private vendors so was exempt from normal TXSV reporting policies.

    So clearly this move was ' strategic ' and clearly it would indicate that BOTH Jordan and Sayona know where the real lithium pegmatite ore bodies lie. Also keep in mind that there is the fact that the connecting ' Rail ' access and easements come into the NAL property directly from the North.

    So it is interesting why they ( Jordan ) would go out and do this - And its equally interesting in the fact that whoever the vendors were and whatever they're reasons were , that they would choose Jordan ........and that they would choose to do it only 1 week after Sayona paid a reasonable entry cost for the JV measured in the $millions.....and that these vendors still did the deal for as little as $50,000 up front with the long tail of the deal obviously being in the $1 million ' net smelter royalty ' .......sneaky.png

    And so why wouldn't say a Musk or someone else have tried to grab these tenements ?........sneaky.png

 
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