Inspiring Sayona's share price is going to take meaningful action and at the moment it appears there is none.... still waiting. I keep checking for news each day, but all I get is crickets.
For the broader lithium market and other vectors in Quebec / Canada, the $80 per kwh announcement should get peoples (Investors) attention. Without a doubt we could go from being in lithium oversupply to way under if an electric car can be purchased at a 20% discount to its gas equivalent. if this happens by the end of 2020 like the article eludes to 2021 should line up to be a very powerful year indeed. At that point a rising tide lifts all boats and Sayona desperately needs the tide to come in! Maybe even a couple tides!!
I am aware of the MOU, but I would like to know if the terms signed back in 2017 stipulate a sunset if no action is taken by "x" time. I used to put a lot of weight into an MOU, but they have been broken with such frequency that I really don't want to waste my energy on thinking about it. Even if it is still in place, it may not be honored.
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Price($) | Vol. | No. |
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