Some excellent posts this morning....From Sayona's press...

Some excellent posts this morning....

From Sayona's press release-

La Corne, April 3, 2023 – Quebec lithium producer Sayona had the privilege of welcoming the Prime Minister of Canada, Justin Trudeau, to the North America Lithium Complex (LAN).
The Prime Minister took advantage of his visit to meet with workers and discuss the importance of the mining industry in the Canadian economy and its critical role in the energy transition.

Sayona is thus proud to collaborate with a government that is positioning itself as a world leader in clean energy, particularly in the electrification of transport and the production of electric vehicles. For Sayona, it is reassuring to see that the government is securing its natural resources and prioritizing secondary processing locally. This mark of confidence in our industry is a springboard towards the development of our future projects and suggests that Canada has a long-term strategic vision, particularly towards 3rd processing.

Sovereign risk- zero- -tick
Government backing and support- tick
Downstream processing-100% -tick
30% Tax incentives- -tick
Government funding 50/50

We have had a plethora of announcements with a backward movement in SP.
An affliction, from a market who is obsessed with any reason to smack down the lithium sector, including a transitory and some say, manipulated decline in the lithium commodity price.
This will abate, and when it does, the slingshot in SP will be rapid, as it catches up to price in all the progress made in the last 6 months.
The main catalyst for this will probably be the new offtake, which will allow the market to ascribe an accurate value to our future earnings, not a hypothetical one, which we calculate on this forum. This could happen anytime form now, but my money is in May
April/May- Offtake-Moblan-Carbonate....3 BIG catalysts.....
The macro is slowly improving, EV sales exploded in March and the inventories will be drained soon.
The lithium price will bottom and recover and we are already probably seeing the infancy of this turn in the market...
So hang in there, if ALL of these factors come together, the compounding effect on the SP may be something we have not experienced before, and push us to ATH's.
The day is darkest before the dawn....and its pretty dark at the moment.
But the sun is on the horizon....

Good luck everyone...