SYA 5.88% 3.2¢ sayona mining limited

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  1. 3,107 Posts.
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    Hurt, as would everyone and everything during a recession
    The bigger picture issue is that inflation isnt just Australia based or Australia and USA based like in the past where one or 2 countries might be experiencing it globally at a time. Its literally the issue facing almost every country atm.

    But SYA will be fine, rather have NAL and start producing an income even at $500 a ton via PLL for only half than be a penny with no cow to milk at all, those will be the ones that vanish overnight.

    Just need to lock in our other half sales agreement sooner rather than later, the lithium prices are predicted to hang around and slowly tail off but who knows how long the demand will last, especially if recession hit. Best to get onto it ASAP IMHO
 
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