To those who get confused easy,
Even China have partly shut down production of carbonate/hydroxide plants due to problems sourcing spodumene and lepidolite. Hence their massive move on mines in Africa.
Timeline from discovery to production is still measured in years.
Existing producers can not just turn a dial and double production.
Yet, a few new producers are comming online in 2023, a select few. Most have already made offtake deals. but i know of one who waited.
Forget the market, it's trading based on temporary random events and rumors. Stick to the fundementals.
Sayona's true value is not based on SP movement, but in time the Value will show in the SP.
To those who get confused easy,Even China have partly shut down...
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Last
3.6¢ |
Change
-0.002(5.26%) |
Mkt cap ! $370.5M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.7¢ | 3.5¢ | $2.158M | 59.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2625000 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 5881377 | 21 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SYA (ASX) Chart |