Artificial or not, it's happening and the company can't keep spending money without coming back to you guys for another CR when the prices hit GS forecasts. SYA are not even making 100% on their product now, in the so called good times. Imagine when GS prices are in play and they're making the prices below. How long do you think it will take for management to come ask for more money (and probably more free shares for themselves lol).
That's why more CR dilution will likely happen as the lithium price drops (does it matter if it's artificial or not?). That's why you keep hearing 5c price targets from the bears. There will be a lot more shares on issue with more CRs and that is not good for the share price. You just refuse to accept the lithium price forecasts but what if they do go there? Why don't you guys do the sums on that?
- Lithium spodumene 6% (per tonne)
- Spot: US$3,010
- 2023: US$4,341
- 2024: US$1,763
- 2025: US$800
- 2026: US$1,126
Artificial or not, it's happening and the company can't keep...
-
- There are more pages in this discussion • 54 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
3.5¢ |
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
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| SYA (ASX) Chart |