Fear -
does the market reprice SYA on a 50-50 ? or other probability successful path ?
We dont know the significance of how much a show stopper, a fatal flaw, this elephant in the room is.
How many other projects are this close to a river? 75m.
Say At 2c = 34m mc = 1 x EBIT approx (38m)
Is that a fair bet, value? guessing?
DFS is useless , EBIT is useless if the project cant proceed.
Where would you price it at, MC, if you wanted a cheap enough hedge to a success outcome, but downside limited on a fail case ? Down side being the exploration assets WA.
Even 34m mc 2c, is expensive for an explorer, but factors in a possible win case for upside .
ie Of course, if it is resolved, then the higher PER EBIT value can be restored, to what would pay for all the other benefits that canada offer.
The company need to put this into perspective. What are the options if the project is deemed to close? can they cut back to say 300 meters from river? does that half the resource? etc? does it remain viable ?
News: SYA Sayona Mining Advises A Quebec Minister Issued Press Release Regarding Authier Project, page-30
-
- There are more pages in this discussion • 218 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SYA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $319.0M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.3¢ | 3.1¢ | $657.2K | 20.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 4663949 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 2145533 | 6 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| SYA (ASX) Chart |