SYA 5.26% 3.6¢ sayona mining limited

' The Road to 20 ', page-3

  1. 12,830 Posts.
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    Folk's ...to 'ring in' the New Year for SYA,   I've decided to start a new thread called   ' The Road to 20 '   -  My Belief is that we should be able to keep this for at least the next year.   
    Here are some reasons :-
    ' Ongoing activities should provide steady news flow in 2018, with this including the Authier development studies and WA exploration. '
    ....and there will be plenty of great News coming in the First Qtr 2018 ...with much  in the first Month.   I've split them into 2 categories.  1st being news directly from SYA and Category 2. being those from other companies & alliances which will also  significantly drive the SYA SP forward.  This way U can get a good feel for how the SP should play out in support of target  prices.

    Column 1 Column 2
    0 Category  # 1 Category  # 2
    1 - 3,000m to 4,000m drilling programme, which    has been designed to collect a large sample for pilot scale metallurgical test work to be operated at SGS Lakefield in Dec/Jan,   geotechnical analysis and further optimisation of the Resources and Reserves, including Resource upgrades and possible expansions.  
    2 -Re: Deep Well tenement ....which is   awaiting approval finalization  
    3 -Although initially and primarily pegged    for pegmatite mineralisation, with a similar setting to Mallina,   - Which is what's happening now to the SP ( ie ( Re-rate ) and not valued into the current valuations report of 20th December. Valuation has only been increased due to the potential Gold.  
    4   - Kalamazoo has entered into   an arrangement with Sayona  Mining Limited to access
    soil samples collected from its recent lithium
    exploration program and assay the pulps for gold to identify areas of interest in the   underexplored northern    eastern portion of The Sisters    tenement (E47/2983). Sayona    holds an option with Great Sandy Pty Ltd for the   exploration rights for lithium    on E47/2983.
    5 - Optimised metallurgy: The study    incorporated the results of ongoing    metallurgical optimisation work, which   has highlighted the opportunity to increase concentrate grades to over 6.00% Li2O  
    6 - there is the potential for these figures to   be higher, and the Company has a pilot scale  test work programme planned for over the  northern winter.  
    7     -Altura will be focussed on    expanding the current mineral Resource within the existing mining area at Pilgangoora.  - Aggressive drill program planned for early    in 2018
    8   - Altura  Definitive Feasibility Study to start immediately to examine the  doubling of   capacity to 440,000 tpa lithium concentrate
    9 - the Company has made good progress on permitting and environmental studies, with these including a hydrogeological survey, various environmental surveys and completion of the mining lease ground survey.  
    10 - the environmental certification is one of the few items left now to complete for the mining lease application; the others include a DFS and rehabilitation plan.  
    11 - Negotiations are also progressing with Changuan and other potential offtake partners.  

    Concluding in the statement below which can then be easily compared to projected & forecast Li output from any number of our SYA  peers. Then hopefully  we can all start looking at how deep and real this re-rating of the SYA SP will actually be and what prices we will start to see achieved in the near term . GLTAH
    ****   In Regards  Authier....... ' The Project will produce a chemical grade concentrate, suitable for a number of applications, including battery, lubricants, aluminium smelting and pharmaceuticals. The rate of 700,000tpa has been maintained and is to allow for a processing rate of less than 2,000tpd, '  ****
 
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Last
3.6¢
Change
-0.002(5.26%)
Mkt cap ! $370.5M
Open High Low Value Volume
3.7¢ 3.7¢ 3.5¢ $2.158M 59.44M

Buyers (Bids)

No. Vol. Price($)
6 2625000 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 5881377 21
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