Sayona is an emerging lithium producer in Québec and Australia

2021年10月14日

I think ASX listed Sayona looks interesting, and with such an aggressive price move this year up over 1600% they do appear to be at a fairly strong support area with most indicators looking pretty bullish.

I liked their PLL partnership as well. One to watch.

From their About Us page:

Sayona Mining Limited is an emerging lithium producer (ASX code: SYA; OTCQB: SYAXF) with projects in Québec, Canada and Western Australia.

In Québec, together with strategic partner, Piedmont Lithium Inc. (Nasdaq:PLL; ASX:PLL), Sayona has successfully acquired North American Lithium, an established lithium mine and concentrator, which it plans to integrate with its nearby Authier Lithium Project as well as its emerging Tansim Lithium Project to create a world-scale Abitibi lithium hub.

Sayona has also announced the acquisition of a 60% stake in the Moblan Lithium Project in Northern Québec, located in the established lithium mining jurisdiction of Eeyou‐Istchee James Bay.

The Company has committed to downstream processing in Québec to supply the fast-growing North American battery and EV market.

In Western Australia, the Company holds a large tenement portfolio in the Pilbara region prospective for gold and lithium. Sayona is exploring for Hemi-style gold targets in the world-class Pilbara region, while its lithium projects are subject to an earn-in agreement with Altura Mining Limited.

2021年11月17日

註釋

Had a good initial run up, but has come back down to support and just heading sideways. I still hold, but needs to do something soon.