Well articulated, Loot.SYA are in effect being underwritten by...

First 94857 Last

Share
Profile

Follow
Megafauna

17,299 Posts.

1094

04/04/23

19:13

Post #: 67134247
Share

Originally posted by Lootscroll99: ↑

"Who are we partnered with, where are they based, do their ethics line up with us, is the companies management" - Couldn't agree more with this.

If SYA is working this closely with the government, their actions basically represent the Canadian government on the global stage. SYA is different in this sense to their peers in that they are likely more restricted in how and who they conduct business with. SYA cant just turn around and accept a TO bid from a Chinese based company and likely, given the tensions between the western and eastern worlds enter OT's with them.

In relation to the perpetual comments around SYA's poor promotion/marketing, its probable that SYA doesn't partake in the usual pumpy marketing strategies IMO because the Government has specific companies which they want to do business with and as a result, most of the energy that would have been spent on promotion is being spent in securing particular relations behind closed doors.

Given the competing bidders for NAL, all things considered SYA should not have won the bid, but obviously the Canadian government had a hand in it to secure in their view a critical resource asset. Point being SYA is beholden to the Canadian government who are more widely beholden to the western world.

I think its important for people to remember and take these things into account, the Governments wishes e.g. increasing domestic economic growth, securing critical minerals, honouring global relations etc, are limiting and at conflict with the usual goals of a publicly listed company such as SYA, of bringing value to shareholders ASAP through any means.

However, the trade of in my eyes is that in working so close and being a valuable asset to the government you garner favour and are afforded both security and privilege.

Expand

Well articulated, Loot.

SYA are in effect being underwritten by the Canadian Government. What comes with that, is that some doors are opened while others are closed.

What is on the other side of the opened doors?

Opportunities usually out of the reach of small companies, that’s what.

SYA Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
16 Upvote

0 Great analysis

Reply

Top Stories

TX3

Canadian fieldwork yields multiple pegmatites for Trinex

RNU

Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

OBM

Ora Banda sees FY26 gold output jumping to 150Koz/pa following key approval for Sand King

AUG

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

There are more pages in this discussion • 46,423 more messages in this thread...

First 94857 Last

Add SYA (ASX) to my watchlist

(20min delay)
Last 3.3¢		Change 0.001(3.13%)		Mkt cap ! $344.8M

Open	High	Low	Value	Volume
3.3¢	3.4¢	3.3¢	$274.5K	8.320M

Buyers (Bids)

No.	Vol.	Price($)
200	43737073	3.2¢

Sellers (Offers)

Price($)	Vol.	No.
3.3¢	2547902	25

View Market Depth

No.	Vol.	Price($)
199	43737065	0.032
71	24913116	0.031
121	18374430	0.030
34	8617448	0.029
23	3027580	0.028

Price($)	Vol.	No.
0.033	2454303	25
0.034	9281079	31
0.035	9502103	22
0.036	4503027	17
0.037	3133254	18

Last trade - 12.03pm 11/07/2024 (20 minute delay)

SYA (ASX) Chart

Well articulated, Loot.SYA are in effect being underwritten by...

Canadian fieldwork yields multiple pegmatites for Trinex

Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Ora Banda sees FY26 gold output jumping to 150Koz/pa following key approval for Sand King

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Well articulated, Loot.SYA are in effect being underwritten by...

Top Stories

Canadian fieldwork yields multiple pegmatites for Trinex

Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Ora Banda sees FY26 gold output jumping to 150Koz/pa following key approval for Sand King

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News