Sayona Mining Limited
Financials:
Primary ticker: ASX:SYA
Stage of development: Exploration, Development, Production
Projects to promote: North American Lithium and Moblan projects
Project location: Canada, Australia
Website: sayonamining.com.au
Sayona is dedicated to the exploration and development of lithium deposits, the raw material used in the manufacture of lithium batteries. The company is working on the development of various projects mainly located in Quebec. The North American Lithium Complex will start production in Spring 2023, which will become a cornerstone of the lithium division it wishes to establish in Abitibi-Témiscamingue, together with the Authier and Tansim Projects. Sayona also holds a 60% stake in the Moblan Project and 100% of Lac-Albert Project, both located in Eeyou Istchee Baie-James. The company is a subsidiary of Sayona Mining Limited, which is listed on the Australian Securities Exchange (ASX:SYA; OTCQB:SYAXF).
Cash: AUD$97.9M
Debt: NIL
Major shareholders:
Piedmont – 14%
HSBC – 6.9%
CITICORP – 5.30%
JP Morgan – 3.79%
BNP – 2.3%
Management ownership – 8%
Management Profile
Brett Lynch – Managing Director, Chief Executive Officer
Brett Lynch was appointed Managing Director/Chief Executive Officer of Sayona Mining Limited on July 1, 2019.
Brett is a highly experienced international company director and chief executive, with a strong background in mining and mining-related businesses across Australia, Asia and North America and a proven track record in advancing shareholder value.
A senior mining engineer and manager, he has more than 30 years’ experience in the global industry, including previous posts with leading resources companies such as MIM Holdings, New Hope Corporation, Orica and VLI, during which time he was responsible for multi-million dollar international operations.
What is your rationale for taking part in 121 Mining Investment?
We’re looking for institutional investors
What recent news would you like to highlight to investors attending?
North American Lithium restart
What are your key goals for the next 3, 6 and 12 months?
3 Months:
North American Lithium restart
6 Months:
Faisability
12 Months:
Downstream NAL