Sayona Mining Ltd (SYAXF)

[TradingCharts]

Farzad, used to work for Tesla. He still talks to Elon almost weekly.

Click on the link and check out his channel.

Tesla, lays people off every year.

[IAmTopG]

Tesla is cutting cost, laying ppl off and they are standard bearer in the States. Its hard to see lithiun price bouncing anytime soon

Gov needs to start reducing interest and provide EV incentive. However if Republican comea into power, I doubt tha would be the priority

[SPARK]

$SYAXF...nice one~

[TradingCharts]

$SYAXF
BELMONT, North Carolina, April 9, 2024 – Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading global supplier of lithium resources critical to the U.S. electric vehicle (“EV”) supply chain, announced that, following a detailed operational review, the joint venture partners of North American Lithium (“NAL”) have agreed to complete several ongoing capital project initiatives and continue operations with the goal of completing ramp-up activities to achieve steady state production within 2024.

NAL is jointly owned by Piedmont (25%) and Sayona Mining (ASX: SYA) (75%). Production at NAL commenced in March 2023, and the operations have been undergoing steady improvement. Process plant recoveries are now exceeding internal expectations, a key achievement in NAL’s ramp-up process. March month-to-date lithium recoveries were 69%, exceeding the ramp-up target of 67%, with global recovery of 62% during the July 2023 through March 2024 period.

[TradingCharts]

$SYAXF 10/04/2024 7:12 pm
Drilling at Tabba Tabba Finds High Potential Pegmatites
https://clients3.weblink.com.au/pdf/SYA/02794463.pdf

DRILLING AT TABBA TABBA FINDS HIGH POTENTIAL PEGMATITES
? Maiden drilling identifies high potential lithium, caesium, tantalum (LCT) type pegmatites at
Sayona’s 100% owned Tabba Tabba Lithium Project, Western Australia
? Ground gravity surveying has commenced, including over the southern extensions to the
Tabba Tabba tantalum mine and at the Roadside Prospect to focus future deep drilling
? Deep drilling targets along the 7.5km strike length Tabba Tabba lithium corridor to be the
focus for 2024 exploration, in potential boost for Sayona’s global lithium base
North American lithium producer Sayona Mining Limited (“Sayona”) (ASX:SYA; OTCQB:SYAXF)
announces that maiden exploration drilling at its wholly owned Tabba Tabba Lithium Project, E45/2364
identified high potential pegmatite systems containing caesium and tantalum. Based on these results,
Sayona plans to conduct deeper drilling along a 7.5km prospective corridor located immediately south
of the historic Tabba Tabba tantalum mine, where recent exploration by Wildcat Resources has identified
encouraging lithium mineralisation.
The 77-hole air core drilling program for 1,473m focused on two key areas, with results in the northern
drill area identifying a zone of alteration, interpreted as the targeted southern extension to the Tabba
Tabba mine stratigraphy. The southern drill area, sited around the Roadside and Turley prospects,
intersected narrow pegmatite within broader zones of elevated tantalum and caesium geochemistry,
typical of a LCT (lithium-caesium-tantalum) type pegmatite system.
An orientation ground gravity geophysical survey has commenced to identify the prospective gabbro –
sediment contact for targeting, as this is an important control for lithium mineralisation within the area.
The gravity survey covers a 7km x 2km area and comprises approximately 2,500 stations arranged on
160m x 40m traverses, infilled to 80x20m over the northern and southern drill areas. The survey is
anticipated to take three weeks to complete.
Reverse Circulation (RC) drilling is planned after the completion of the gravity survey to test existing and
new gravity defined targets within fresh rock at depth. Some earthworks have been completed in support
of the planned drilling program.
The air core drill results support the ramp up of West Australian exploration activities at Tabba Tabba
and Sayona’s other 100% owned lithium and gold projects in the region.

https://www.asx.com.au/markets/company/sya

[TradingCharts]

Nick Lazzaro
Business Journalist - Content Writer

Sayona Mining will continue production ramp-up of lithium-bearing spodumene concentrate at its North American Lithium operations in hashtag#Quebec after completing a strategic review of the asset that initially put its near-term future in doubt due to declining lithium prices.

NAL is the only producer of hashtag#lithium hashtag#spodumene concentrate in North America.

“The NAL operational review was a critical exercise to ensure we are optimizing our resources and positioning Sayona for long-term success,” CEO James Brown said in a statement.

https://www.linkedin.com/feed/update/urn:li:activity:7182048671738277888/

[TradingCharts]

4 April 2024 OPERATIONAL REVIEW SUPPORTS NAL RAMP-UP PLAN
? Operational review supports continuation of North American Lithium (NAL) production;
full value of recent capital improvements yet to be realised
? Multiple daily production records achieved in March 2024 with process recoveries above
expectations
? Capital improvement initiatives provide line of sight to steady state production in 2024
? Target to reduce NAL unit operating costs by end of 2024
https://wcsecure.weblink.com.au/pdf/SYA/02791992.pdf

[IB_]

Have you lost more money in Sayona Mining than in SXOOF ??????????????????????

Day'Um Ang,

IB_🤴🏻

[TradingCharts]

If we had a million shares it would not matter. The price of lithium is lower than the cost of production.

Only one thing going to help syaxf, higher lithium prices.

https://tradingeconomics.com/commodity/lithium

[PureZoob]

What a bust! Wow, can’t believe how this share count has wrecked our value here.. mgmt shame on you

[TradingCharts]

We are recruiting students for this summer. ☀

Do you want to work in a company at the heart of the fight against climate change? Are you hungry for knowledge and want to take on challenges?

Here are our available⚡ internships:
-Accounting
- Communication and relations with the community
-Environment
- Health & Safety
-Supply
We need your energy! Check out our offers here 👉https://lnkd.in/e-m8XSD2
https://www.linkedin.com/feed/update/urn:li:activity:7176155537829429248/

[TradingCharts]

Albemarle to auction lithium as part of push for price transparency
Reuters | March 13, 2024
https://www.mining.com/web/albemarle-to-auction-lithium-as-part-of-push-for-price-transparency/

[TradingCharts]

The big lithium short gets ‘dangerous’ on lower supply outlook
Bloomberg News | March 13, 2024
https://www.mining.com/web/the-big-lithium-short-gets-dangerous-on-lower-supply-outlook/

[TradingCharts]

Pilbara Minerals Limited's today's auction price is ~US$150 higher than today's SMM average Australia Li2O 5.5-6% price. This implies a room for a higher lithium price

Pilbara today's auction price - US$1,106/dmt on a SC5.5 CIF China. This offer equates to an approximate price of US$1,200/dmt on a SC6.0 CIF China

https://www.linkedin.com/feed/update/urn:li:activity:7173896087508774912/

[TradingCharts]

13/03/2024 FY24 Half Year Results
https://www.asx.com.au/markets/company/sya

[TradingCharts]

Nine in ten Canadian mining leaders are optimistic that Canada can be a world leader in critical minerals, yet the overwhelming majority (98%) say their companies require more investment, government commitment, and favourable tax policies to support its growth, finds a KPMG in Canada survey conducted last month.
https://www.miningweekly.com/article/critical-minerals-mining-industry-requires-more-of-everything-if-canada-to-be-a-global-player---kpmg-2024-03-12

[TradingCharts]

Insiders bought shares before releasing the next drill hole results.🤔

Toronto, Canada – Consolidated Lithium Metals Inc. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“CLM” or the “Company“) is pleased to announce an aggregate purchase of 6 million common shares of the Company by three of its senior members (Richard Quesnel, Brett Lynch, and Rene Bharti). The purchases were completed in the public markets over the past few weeks, representing an increase in insider common shareholdings of 1.7%.

CLM’s chief executive officer and president, Rene Bharti, remarked, “Our management, board members, and insiders are committed to supporting the company. We believe the Company’s assets will prove to be a success for all shareholders and our team is committed to creating shareholder value over the long term.”

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173995885

[TradingCharts]

Sayona
7,175 followers
12h •
https://www.linkedin.com/feed/update/urn:li:activity:7170632829435793408/

Deuxième journée complétée avec succès à notre kiosque au Prospectors & Developers Association of Canada (PDAC)

Nous vous attendons demain et mercredi au kiosque 2330.🔋

Rate this translation
Second day successfully completed at our booth at the Prospectors & Developers Association of Canada (PDAC)

We look forward to seeing you tomorrow and Wednesday at booth 2330. 🔋

[IB_]

Which stock will file Chapter 7 first, SYAXF or that loser SXOOF ???????????????????

LoL LoL,

IB_

[nowwhat2]

Low-cost producer (but embroiled in legal dispute) ?


Regardless ?







.

[TradingCharts]

"It is clear that very few lithium expansion projects make economic sense at current market prices, and the longer prices remain near these levels, the greater the impact on future supply shortages. As we saw in 2022, this will increase the likelihood of a rapid increase in future lithium prices, although the complexity of the global battery supply chain makes both the timing and extent of such an increase difficult to predict," stated Arcadium Lithium CEO Paul Graves in the aforementioned report.

https://lithium-triangle-southamerica.com/argentina-mineras-de-litio-ralentizan-inversiones-a-la-espera-de-reordenamiento-de-precios-%E2%96%BA-argentina-lithium-mining-companies-slow-down-investments-while-waiting-for-price-reordering/

[nowwhat2]

Wow.....That's huge. Nice find......What's the Date of that tho ?......Think you may have shown us that before.
Closest I could see was ........Date modified: 2024-01-22

Regardless, still.........It COULD / SHOULD (normally would) soon help


Merci !........et........Bon chance !


.

[TradingCharts]

Critical Minerals Infrastructure Fund
https://www.canada.ca/en/campaign/critical-minerals-in-canada/federal-support-for-critical-mineral-projects-and-value-chains/critical-minerals-infrastructure-fund.html

[TradingCharts]

Damn that divorce was brutal on the shareholders.

Previously, Reuters reported that divorce proceedings between current Sigma Lithium CEO, Ana Cabral-Gardner and her husband and former co-CEO, Calvyn Gardner, have "triggered several lawsuits, including a dispute over some of the mineral rights where Sigma plans to build mining pits." Shares of Sigma Lithium Corp.Nov 15, 2023

https://www.reuters.com/markets/commodities/sigma-lithium-confirms-resignation-coo-citing-health-reasons-2023-10-06/

Brett and Sayona too had a divorce. But Brett left us with cash I hope it last.

When you hear news up there on battery plants and lithium processing plants please post here.

Thanks in advance.

[nowwhat2]

Pegmatites form thick seams called dikes that intrude into other rocks and can measure anywhere from a few centimeters to hundreds of meters. Within Pegmatites is a lithium-bearing mineral known as Spodumene.


https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=sgml&x=0&y=0&time=100&startdate=1%2F4%2F2020&enddate=4%2F29%2F2024&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9



https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=sqm&x=0&y=0&time=100&startdate=1%2F4%2F2020&enddate=4%2F29%2F2024&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9



Our Resources Index and its' 500 Level
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Index&symb=xx%3Ajx&x=51&y=15&time=100&startdate=1%2F4%2F2020&enddate=4%2F29%2F2024&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=1&maval=+50+200&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11

[TradingCharts]

CONSOLIDATED LITHIUM ANNOUNCES VALLÉE JV INTERSECTS 1.04% LI2O OVER 7.15 M
February 15, 2024

Two high-grade intersections were also discovered in VAL-23-042, located north of the Core Pegmatite trend (see Figure 3). The first interval averaged 1.43% Li2O over 3.60 m from 167.55 to 171.15 m within an interval of 0.60% Li2O over 17.00 m from 163.00 to 180.00 m. The second interval averaged 0,68% Li2O over 23.30 m from 215.50 to 238.80 m that included a subinterval of 0.95% Li2O over 10.20 m from 216.55 to 226.75 m.

https://consolidatedlithium.com/consolidated-lithium-announces-vallee-jv-intersects-1-04-li2o-over-7-15-m/

[nowwhat2]

hehehehe - Ain't this FUN ?????
Lovely Sector
Best Of Class

.

[PureZoob]

Shame what happened here.. If it goes to .01, I’ll buy 100k shares for fun

[IAmTopG]

Somehow I got a good feeling we should be bottom or close to bottom or has turned the corner. Crossing my fingers

[TradingCharts]

Me too.🤞

[TradingCharts]

Share buy back not going to happen my opinion. Need cash on hand to weather the storm.

[IAmTopG]

Why would you think they would do buy back when they still need fund for expansion? This is a dilution machine. I am just hoping we have a clean break from PLL asap and get those development going without dilution

[IAmTopG]

And I am still holding lol

[PureZoob]

SP plunge tells the story. Mgmt at sayona as I’ve said before does not care about shareholder value. If they did, they would be vocal about share buybacks, etc to reverse this cratering chart. But they simply don’t

[TradingCharts]

Yeah, I agree, the wording is strange.

[PureZoob]

It’s messy.. something smells foul bro

[swanlinbar]

Sayona Mining Limited (SYAXF) Corporate Update
https://crweworld.com/australia/trendingnow/press-releases/3316668/-sayona-mining-limited-syaxf-corporate-update-

[TradingCharts]

Someone bought PLL shares at a premium. I have yet to see an announcement on the asx to be a substantial holder, is the buyer still buying?

1.3-billion shares traded last night on the asx. Over 20% shares traded in 2 days.

Buyout or a new partner?

Should be news soon?
https://www.asx.com.au/markets/company/sya

[TradingCharts]

Sayona still hiring.
https://www.linkedin.com/company/complexe-lithium-amerique-du-nord/

[PureZoob]

The fools “down under” are killing this tnite.. down on the ASX .015. Damn aussies

[SPARK]

$SYAXF - " Piedmont will no longer hold any shares of Sayona. The sale of these shares has no impact on Piedmont’s joint venture or offtake position with Sayona Quebec" Very nice news!

[TradingCharts]

https://www.asx.com.au/markets/company/sya

[IAmTopG]

Is this being sold outside the market? Or not in the open market? Has it been completely sold?

[swanlinbar]

Piedmont sells Sayonara shares
BELMONT, N.C., February 21, 2024--(BUSINESS WIRE)--Piedmont Lithium ("Piedmont" or the "Company") (Nasdaq: PLL; ASX: PLL), a leading global supplier of lithium resources critical to the U.S. electric vehicle supply chain, today announced the sale of the shares it held in Sayona Mining ("Sayona") (ASX: SYA).

The Company has agreed to sell 1,152.2 million shares of Sayona for A$0.052 Australian Dollars ("A$") per share through a secondary block sale via Canaccord Genuity. The sale price represents a premium to the 20-day volume weighted average price and will result in gross proceeds of approximately A$59.9 million, or US$39.4 million for Piedmont. Following the transaction and some smaller recent public market share sales, Piedmont will no longer hold any shares of Sayona. The sale of these shares has no impact on Piedmont’s joint venture or offtake position with Sayona Quebec.

The decision to divest the Sayona shares aligns with Piedmont's commitment to maintaining a prudent balance sheet while simultaneously minimizing dilution of Piedmont’s shareholders. This action, in addition to the cost-saving initiatives outlined in Piedmont’s recent corporate update, strategically positions Piedmont for the long term.

"This transaction underscores our commitment to delivering long-term value for Piedmont shareholders," said Keith Phillips, President and CEO of Piedmont Lithium. "We acquired our initial Sayona shares as part of our strategic investment in the Sayona Quebec joint venture and will recognize a meaningful gain on the investment. We remain fully committed to our joint venture with Sayona, with a particular focus on the ongoing ramp up of North American Lithium, the largest lithium operation in North America. Our 25% joint venture interest and associated offtake agreement are core assets of Piedmont, and we look forward to continuing to work closely with our partners at Sayona to supply IRA-qualified lithium resources critical to the U.S. electric vehicle supply chain."

Story continues

[TradingCharts]

Michael Langford
• 1st
Executive Director at Airguide International
12h •

Agree with, "Unsustainably Low Lithium Prices Set the Stage for the Next Supply Crunch" - will this lead to another price spike ? Yes, it will, as history yet again repeats (as it has done so with bulk commodities and base metals) - worth reading:

https://lnkd.in/gDiwUv9u

I would also add, that while the low spot price has an impact on current producers expanding or continuing operations, it is more the forward curve that disincentivizes new project development. It is the combination of low spot and lower future prices that causes wild swings in commodity prices as supply fails to keep up with demand.

To be fair, these wild swings in commodity prices is also why I love commodities.

Why do analysts get the forward curve so wrong?

Analysts essentially take at face value what companies state with little understanding of geopolitics / logistics / mine engineering understanding. As a result anything stated to come online is 100% guaranteed (in real life 1% likely) at and when the company states. These views are then priced into the forward curve disincentivizing new project development.

Looking forward to the second half of 2024 for #lithium prices.
https://www.linkedin.com/feed/update/urn:li:activity:7165572862286712832/

[TradingCharts]

Do you really think Tesla is going to let Sayona go under?

Repeat the ONLY WAY Tesla gets tax break is with North American Lithium,. They have had the 5000-tons from Silver Lake ponds for years, no other lithium in the US being produced...

ioneer got cheap loans from the inflation act with low interest, with no permit.

Sayona, can get GRANTS from Canada and the US for processing. Sayona, has been testing "newer green" refining processes , when it is proven then they can apply for GRANTS "FREE MONEY"..

[PureZoob]

If they land a partner like Tesla, this will climb. But that’s a big “If” for the moment. This project will need money to get going, who’s going to fund it?? Us shareholders? If so, they dilute us into the ground and that’s a shame

[TradingCharts]

1.36% Li2O is a very high numbers, easier to process. Moblan Lithium Project is worth $2.2-billion by itself.
https://clients3.weblink.com.au/pdf/SYA/02774427.pdf

I'v said hunderds of times Tesla will be the offtake, it is the only way for Tesla to get the tax credits.

I would not want to make a deal with any other EV company, no one else makes as many EV's as Tesla. Cybertruck is ramping up and semi starts in 2024

Tesla Semi Volume Production Will Not Start Until Late 2024: Musk
https://insideevs.com/news/672016/tesla-semi-volume-production-wil-not-start-until-late-2024/

Tesla will be adding three new battery plants this year in the US. Name one other mine in north America where there is lithium being produced?
https://www.scmp.com/tech/big-tech/article/3250513/tesla-open-us-battery-plant-equipment-chinas-catl

Need to wait for the refinery to get finished and dialed in.

None of you want to believe me that is fine I added another 500k shares under .03

A DLE plant cost is well above 1/2 a billion dollars they are now being put on hold in the US.

Compass Minerals to abandon lithium extraction on Great Salt Lake.
https://www.fox13now.com/news/great-salt-lake-collaborative/compass-minerals-to-abandon-lithium-extraction-on-great-salt-lake

[PureZoob]

Great news! But does this equal more dilution to shareholders if they can’t find a partner with cash deep pockets to finance this project?!!!

[TradingCharts]

19 February 2024 Moblan Lithium Project Definitive Feasibility Study

https://clients3.weblink.com.au/pdf/SYA/02774427.pdf