Replies to post #140 on Sayona Mining Ltd (SYAXF)

[tikotiko]

I commented about the announcement below in the ALTAF forum. You can read my post there.

http://sayonamining.com.au/wp/wp-content/uploads/2019/10/SYA_World-Class_Team_to_Support_SYA_North_American_Lithium_Bid.pdf

I sold my Sayona shares several months ago when I sensed that the company was in a dire straits situation, but this announcement and a couple other developments have caught my attention. Getting a new mine and an already built converter could be a major game changer, which will also benefit Altura. It also seems like Sayona is doing a better job on the BAPE by addressing the water quality concerns and by engaging with the local tribes/community. Sayona is also collaborating well with Altura Mining by giving Altura a stake of its tenements in Western Australia. Investing in these companies still involves high risk and they have little cash in hand, but they are doing a good job. I am consider re-entering.

Good luck!

[tikotiko]

Hi Ks,
Sayona has also been doing well lately. A lot of it is due to the change in sentiment regarding the lithium sector. In addition, the company’s bid for NAL looks strong and may succeed even tough it is not a done deal. If it does, I think that the SP will easily double. I decided not to buy since I would probably benefit a bit indirectly through Altura’s involvement in the project, but you will do very well if NAL dies happen. Best of luck to you buddy!