SYA 3.03% 3.4¢ sayona mining limited

How low can it go, page-37

  1. 1,420 Posts.
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    There is only one thing to do, get an offtake agreement and a partner to help fund the building of the mine. $60 million was quoted in the Pfs, it's not unachieveable since most of the current and future production of global lithium is already taken. The auto industry needs supply. SYA would be a great place for them to get that supply. A good stable country for mining and a good resource. TAW got there funding without a jorc resource, ADV have a MUA without actually having defined a resource. It is possible. As I stated earlier this funding from the share purchase plan or whatever they want to call it is probably their last chance. They will get at least $2.5 million. Once that is gone and we have no agreement I think we can write it off, but not quite yet.
 
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