SYA 2.94% 3.3¢ sayona mining limited

Good chance of bounce from hitting 7.9c - if there isn't...

  1. 287 Posts.
    Good chance of bounce from hitting 7.9c - if there isn't strength in the morning, then I'd expect low 7s in play as next support. It would be unbelievable if the SP dipped past this. Everyone should buy in if so, there isn't a real Li play in DFS at this level of de-risking, partnerships and potential non-Li plays. Emphasis on real. When downstream studies completed, DFS in the half year and with anything hitting at Mallina, Pilbara gold targets - rockets up.

    If i could go back in time, I would have also sold out at 11.5c - I was considering selling half, but made a decision against it. Was wrong, need to live with it, especially because it was an informed decision that bet on FA over-weighing the TA aspects. But looking back at it and as others pointed out to me, price action looked very evident of pro distribution - hindsight being 20/20 and all.

    GL all - better times ahead. Accumulation will begin again before a stellar rise up, prob towards March if I hazard a guess, before any downstream study information comes out. Blows up in June when DFS is released - can see something 15 - 20c at this stage.
 
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