Correct me if I am wrong. SYA had a feasibility done for the NAL and based on the sale of spodumene to PLL of between US$500 and $900 per tonne for half of NAL production, there was a positive NPV with payback on investment within 5 years. the current spot price for Spodumene is low (US$900 per tonne) SYA is protected. SYA remain profitable. Any new projects or new sales are bonuses. Why wouldn't you keep the shares and get dividends in the future? All lithium studies show lithium ramp up in 2025/26 required (x 10 minimum) to meet the world's carbon reduction target of 50% renewables by 2030.
Correct me if I am wrong. SYA had a feasibility done for the NAL...
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Last
4.4¢ |
Change
0.004(10.0%) |
Mkt cap ! $452.9M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.5¢ | 3.9¢ | $6.247M | 146.6M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 389035 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 9873690 | 54 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
4.5¢ |
Change
0.004 ( 11.5 %) |
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| Open | High | Low | Volume | ||
| 4.1¢ | 4.5¢ | 4.0¢ | 97842107 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| SYA (ASX) Chart |