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12.2%

4.6¢ sayona mining limited

Agree with your analysis all the way.PLL would want to stick...

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able77

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22/02/24

03:21

Post #: 72524322
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Originally posted by Paddywagon1982: ↑

my reading of the situation is that PLL were stuck for cashflow. I would say JB had gone to the JV partner (PLL) and said right- this is what the carbonate plant is going to cost in terms of the trade off- are you in or out? PLL was obviously out given current cashflow constraints (caused by US delays and declining lithium price) and their only option was to sell SYA to shore up cashflow and retain the JV arrangement (for now). Most likely we will see the carbonate plant going ahead with the new partner and the JV arrangement falling into the past gradually over next couple of years. PLL have still made good money on sale of shares and probably will make good money in the intervening period on spod sales, but my gut feeling (not advice by the way) is the ALB are the buyer and they will be the partner for SYA (noting there recent tie up With BMW). It's tricky but recent buying of SYA has been sustained and the market certainly is saying we have a big fish interested

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Agree with your analysis all the way.
PLL would want to stick with their 25% if possible, but hey it may also be up for a trade sale in the up and coming deals with others.

SYA Price at posting: 6.4¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 4.6¢		Change 0.005(12.2%)		Mkt cap ! $473.4M

Open	High	Low	Value	Volume
4.2¢	4.6¢	4.2¢	$5.257M	119.8M

Buyers (Bids)

No.	Vol.	Price($)
13	3240715	4.5¢

Sellers (Offers)

Price($)	Vol.	No.
4.6¢	12877655	35

View Market Depth

No.	Vol.	Price($)
1	20000	0.050
1	20000	0.048
2	833675	0.047
15	1827946	0.046
22	6679474	0.045

Price($)	Vol.	No.
0.043	137424	2
0.045	35642	1
0.046	7636957	24
0.047	4016457	28
0.048	4516833	21

Last trade - 16.10pm 14/05/2024 (20 minute delay)


Last 4.6¢			Change 0.005 ( 9.90 %)
Open	High		Low	Volume
4.2¢	4.6¢		4.2¢	50598077
Last updated 15.59pm 14/05/2024 ?

SYA (ASX) Chart