Australia's largest stock trading and investment forum Australia's #1 stock forum

SYA

Click for more information

2.50%

3.9¢ sayona mining limited

so hold on Are you saying now&Tab; even if we went the carbonate...

First 137403 Last

Share
Profile

Follow
Bohds

1,040 Posts.

185

23/04/24

16:51

Post #: 73480781
Share

Originally posted by zoomyjeff: ↑

As per Odes based on KP 49 minutes the conversion process is not going to be SYA,s total saviour!
we would sell the material into the jointly-owned chemical plant. But the offtake agreement itself would remain in place. So that's, that's a life of mine offtake.
In other words they buy 50% for $900 from NAL for life of mine with no consideration to inflation and are then required to sell it back to NAL presumably at market price i.e.circa at the moment $1200.
Whisky, as far as knowing the full details of this contract, the full details of the contract were not always known i.e. contract for life of mine as per above!

Expand

so hold on

Are you saying now even if we went the carbonate route

we would still have to sell 113t pa to PLL at 900 give or take only to then have to buy it back at the market price to put in our jointly owned carbonate plant ...

That doesnt sound like a joint venture partner thats a fkn leech..

So there is basically no light at end of tunnel for SYA holders we are just here to fund KP and JB pockets

Last edited by Bohds: 23/04/24

SYA Price at posting: 3.4¢ Sentiment: None Disclosure: Held
15 Upvote

1 Great analysis

Reply

There are more pages in this discussion • 2,991 more messages in this thread...

First 137403 Last

Add SYA (ASX) to my watchlist

(20min delay)
Last 3.9¢		Change -0.001(2.50%)		Mkt cap ! $401.4M

Open	High	Low	Value	Volume
4.0¢	4.1¢	3.9¢	$662.2K	16.72M

Buyers (Bids)

No.	Vol.	Price($)
54	10922233	3.9¢

Sellers (Offers)

Price($)	Vol.	No.
4.0¢	1220828	11

View Market Depth

No.	Vol.	Price($)
45	9265322	0.039
45	9553173	0.038
35	6591589	0.037
23	3354352	0.036
50	9712483	0.035

Price($)	Vol.	No.
0.040	946512	8
0.041	3950492	21
0.042	3056918	13
0.043	6136122	20
0.044	4217293	19

Last trade - 16.10pm 07/06/2024 (20 minute delay)


Last 3.9¢			Change -0.001 ( 2.50 %)
Open	High		Low	Volume
4.1¢	4.1¢		3.9¢	10045251
Last updated 15.58pm 07/06/2024 ?

SYA (ASX) Chart