SYA 3.57% 2.7¢ sayona mining limited

SYA going for a run!, page-33

  1. 5,420 Posts.
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    As per an announcement on 21/8 they plan to incorporate the authier north resource into the new pit design which should see a nice bonus to the updated reserve. They also mentioned the wall steepness may be increased which should lower the strip ratio. When you look at the pit design it looks like we're fortunate that the northern swarm will be within the new pit design which is aiming itself at the deeper thicker pegmatite open at depth.

    The gold is a wild card and might help pump the sp in the short term but to me the updated pfs sets the floor of the value of this company and makes it easy to hold on with any sharp rise in the share price. Definitely feel this run has a lot left in the tank.
    Last edited by Just_a_guy: 05/11/17
 
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