In today’s briefing:
- Sayona Mining Placement – Speculative in Nature but past Deals Have Done Well
Sayona Mining Placement – Speculative in Nature but past Deals Have Done Well
- Sayona Mining (SYA AU) is looking to raise A$190m (approx US$135m) to restart its North American Lithium (NAL) mine.
- On Monday (23rd May 2022), Sayona Mining had published a positive pre-feasibility study on the NAL mine, where shares have since corrected 26.8%.
- The NAL mine is co-owned with US-based Lithium explorer, Piedmont Lithium, where Sayona Mining owns 75% interest, with the remainder 25% owned by Piedmont Lithium.
Before it’s here, it’s on Smartkarma
