SYA is a mining business focused on the raw materials required to construct lithium-ion batteries, a “hot” sector to say the least. The volatility exhibited by SYA over the last 6-months puts Bitcoin to shame, we see no hurry to own SYA which regularly moves up & down ~20% on a weekly basis.
Sayona Mining Limited is a lithium producer, with projects in Quebec, Canada and Western Australia. In Quebec, the Company’s assets comprise North American Lithium (NAL) together with the Authier Lithium Project and Tansim Lithium Project. It also holds a 60% interest in the Moblan Lithium Project (Moblan). Its NAL comprises 19 contiguous claims covering over 582 hectares. Its Authier Lithium Project comprise of hard rock spodumene lithium deposit. Its Tansim Lithium Project is situated 82 kilometres south-west of the Authier project, which comprises 355 mineral claims. Its Moblan is located in the Eeyou-Istchee James Bay region of northern Quebec. The Company in Western Australia covers 1,072 sq km and comprise lithium and gold tenure in the Pilbara and Yilgarn areas and graphite prospective tenements in the East Kimberley. Its projects include Deep Well Project, Tabba Tabba Project, Mallina Project (lithium), Mt Edon Lithium Project, Mt Dove Project, and Corkwood Graphite Project.
Take a free 14 day Market Matters trial – full access to all our reports, portfolios, positions, buy and sell recommendations. Access the latest views on the latest developments from professional money managers. It's free and no payment details are required