Australian (ASX) Stock Market Forum

SYA - Sayona Mining

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I picked this one for the 2023 competition. I'm not going to lie, I have barely looked at this company, but I'm bullish on lithium in 2023 so just picked a lithium company.
 
SYA to commence production soon and the institutions now aware of the massive potential. Shorter shave hammered this stock over the past months.
 
Production commences this month and revenue starts accumulating. We have waited a long time for this moment
 
The DFS lays down the future profitability and it's nay a matter of time before the instos realise the tremendous upside this company has. We should see some stability in the SP with shorter starting to sell their holdings to reduce risk.
 
Currently 8.9 billion SOI

$200 million will add around another 1 billion shares to the register.

Definitely a candidate for a Share consolidation.

Full story.

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Sayona will offer shares at 18¢ , or a 14.3 per cent discount to the last close
 
This was inevitable.

Home owners always experience a cost blow out when trying to Reno a run down house. Dunno how they thought restarting an old mine could be done without cost revisions.
 
thmpl said:
Still confident with this miner. First income producing shipment in July.
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Hi thmpl,

Any thoughts on how that income will be dispersed?

With PLL having the rights to 113kt (or 50%, whichever greater) of a possible 226kt yearly production, I'm interested how this will be reconciled.

Perhaps monthly pro-rata?

We'll soon know.
 
Now a producing Miner with first shipment on the way to market, more to follow. Recent Board alignment a good thing.
 
Surely investors will see the potential here. Lithium prices will increase in time. SYA should start to lift.
 
thmpl said:
Surely investors will see the potential here. Lithium prices will increase in time. SYA should start to lift.
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I wouldn't be so sure.

I had PLL for a period last year, they are also involved in the NAL and had the superior deal.

Yesterdays Money of Mine podcast discussed SYAs qtly.
Well worth a listen.
 
shorters having a field day with this stock. Retail investors unhappy with BOD. Hoping for a new CEO to be announced.
 
Review by board should be released soon. Production levels very good. Sales continue with increasing Spod prices. Out of ASX200 so hopefully shorters will leave them now and SP rises.
 
Talk about a diehard investor letting emotions control. Anyway, something has to come our way soon. The largest Lithium producing miner in Nth America with so much upside. The market will soon see the potential.
 
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