SYA 0.00% 2.8¢ sayona mining limited

Winter is coming, page-301

  1. 38 Posts.
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    I usually agree with you. However, in that video all he does is talk up the USA. He does not mention any numerical/trend based economic argument at all. America is big and therefore strong, seems to be his spin. The USSR was big at one time and imploded on its own debt. I am not claiming USA has a rubbish system like it did. I just think its the most relevant comparison. I actually think lithium has further to fall. Because China is having real problems for the first time since its been a major player. Remember right now Lithium demand is China. When the USA and EU start pumping out EV's then I think we will see a new ATH in lithium prices. The real question here is.... Can Sayona survive and will it stay out of unpayable debt? As soon as I see SYA go like AJM with debt I am looking for an exit. I am however hopeful that will not happen and when the recession is over, SYA can emerge like a debt free phoenix. Also during a recession AUD weakness will cushion us at the peak.
 
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