Time does not change Sayona's ore grade sorry to say, the JORC ORE Reserve is where you are advised to look on the Sayona website (below) The tiny resource is the kicker! I say Meme stock as seemingly people buy it without knowledge of appraising value of an asset and if it is represents value (or not). Most appear to buy based on a link to Tesla and thinking Quebec being in North America is good?).
Authier Project | Sayona Mining
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Resources and Reserves
Authier JORC Mineral Resource Estimate (0.55% Li2O cut-off grade)
(Refer ASX announcement 24 September 2018)
Category Tonnes (Mt) Grades % Li2O Contained Li2O 1 Measured Resource 6.58 1.02% 67,100 2 Indicated Resource 10.60 1.01% 107,100 3 Measured + Indicated Resource 17.18 1.01% 174,200 4 Inferred Resource 3.76 0.98% 36,800 5 TOTAL 20.94 1.01% 211,000 6 Note: The Ore Reserve Estimate is inclusive of dilution and ore loss.
I look at valuations and i invest where i see the most potential, there is a stack difference between the assets FFX has and the value that one day can be unlocked, i think Alistair and Mike are up to the task - i am very excited about what might evolve in Mali under Firefinch
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Time does not change Sayona's ore grade sorry to say, the JORC...
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