ENERGY MINERALS

Sayona looks for Authier value lift

Lithium junior Sayona Mining (ASX: SYA) is expected to boost its cash reserves in the short term and is looking for a market re-rate others in the space have enjoyed as its well-located Authier project in Canada moves toward a definitive feasibility stage.

Spodumene mineralisation in pegmatite found at Sayona Mining's Authier lithium project in Quebec

Spodumene mineralisation in pegmatite found at Sayona Mining's Authier lithium project in Quebec

While comparing companies is forever a problematic exercise, Australia-listed Sayona’s capitalisation of $A22 million (US$17 million) is most certainly dwarfed by others such as Canadian lithium contenders...

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