Well this is hindsight post of the century.
Way too much hype ($2.2B valuation) - Now currently oversold, undervalued (not even asset value prescribed to it) and the most hated stock on the ASX and only a reversal of public sentiment away trending upwards again (maybe the Lithium price too)
Retail too slow to understand the limitations of NAL geology - 14000m drilled with a target of 60000 at NAL and already an improvement in resource and grade. Input quality is currently being improved.
SYA board constantly issuing new stock and ballooning the share register - NAL production costs reducing, 200m in the bank, capital expenditure reducing and SYA in constant communcation with the Canadian government with regards to bringing Moblan to market.
Heavy lithium price spike then fall - spike was so last year, the fall is nearly there - Phone Joe Lowry if you want more detail.
Operational problems with NAL - Currently sitting at 62% recovery rate, 67% target, PLS running in the low 70s WITH FAR MORE ADVANCED CIRCUIT. Dome will stop icing in winter. Concentrator and Crusher running independantly and output trajectory still increasing.
Hell you have just given every cnt every reason to buy this stock?
If i was the shorters id be wacking you over the back of the head with a thong.
Everything you have said is the reason we are down here. Everything that is happening now is completely contrary.
You have given us no reason to dump this.
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Price($) | Vol. | No. |
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