But why wouldnt I quote reserves? Im comparing it to SYA reserve figures.
Reserves are known and indicated. Resource can include undrilled areas that expect to hold resource.
So to me reserves seems to be a more accurate basis for comparison. Anyone can say they have a 500Mt resource with much of it undrilled LOL.
Known reserves are 160Mt and SYA is 70Mt on a single project comparable. How it goes over the next 2-3 years pending on who is aggressively drilling more remains to be seen.
But as others have already pointed out, the fact we have partial build carbonate plant and are located in an almost monopolistic geography I think SYA stands above PLS in regards to growth potential over the next few years.
Thats not to say PLS wont have growth, I just believe the assets we have, have far more growth potential than PLS. Especially with much of our tenements unexplored and not previously assessed for lithium resource.
- Forums
- ASX - By Stock
- MACQUARIE TARGET FOR SYA IS $1.80
But why wouldnt I quote reserves? Im comparing it to SYA reserve...
Featured News
Add SYA (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $360.2M |
Open | High | Low | Value | Volume |
3.4¢ | 3.5¢ | 3.4¢ | $1.607M | 46.41M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 4668541 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 2167024 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 4653718 | 0.034 |
103 | 19015260 | 0.033 |
80 | 16816668 | 0.032 |
44 | 18703993 | 0.031 |
84 | 26388868 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 2167024 | 9 |
0.036 | 4339255 | 18 |
0.037 | 3262537 | 15 |
0.038 | 4672527 | 16 |
0.039 | 2506567 | 16 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
SYA (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online