It all starts with the successful bid! Next week bids need to be in I think I remember reading March will be when the final decision is made.
In my judgement if they choose Sayona it will signal a strong correlation to Authier approval because the success of NAL depends on blending to the 2 ores together. So to me it is a 2 for 1 and the re-rate will occur with the market immediately giving us credit for both mines.
2nd point is that I went back and re-read an article from 2017. The article talks about the Western Australia tenements and the possibility to have gold as well as lithium. I then crossed that info with the recent JV earn in from Altura where they will need to provide drilling on properties at Molina and Tabba-Tabba. I am curious if part of this drill program is to locate gold as well as Lithium.
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Last
3.3¢ |
Change
-0.002(5.71%) |
Mkt cap ! $339.6M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.6¢ | 3.3¢ | $1.707M | 49.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 9042151 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 1735970 | 10 |
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| SYA (ASX) Chart |