One step at a time I guess. However this deal would seem to take precedence over anything else in the immediate and foreseeable future - like say W.A
You can extrapolate anything you like out of these TWO statements taken directly from AJM's recent announcement from just a couple of days ago. I can only assume that they are referring to the Tabba Tabba , and Tabba Tabba East tenements ......and then Mallina after that Either way it seems they ( AJM ) also have their backs to the wall in so far as frantically endeavoring to prove up more resources. I guess we'll see how quick this eventuates , but by the sounds of things it will be well and truly after the NAL priorities.
“ We remain confident that on-going infill drilling and broader exploration efforts will enable us to continueto grow our Resources and Reserves steadily in the years to come. ”
“ We are undertaking exploration programs to increase inventory annually starting with further delineationof targets closest to the current mining operation and then moving to the wider exploration portfolio "
So obviously the tie-up with AJM will eventually start to bear fruit for both parties once it gets moving . At the moment though , I would not discount the immediate importance of this DEAL with the perhaps Joint BID for NAL and the increased leverage this provides in becoming a significant player in the North American Lithium markets. And I will disagree with the notion that it's all about
' coming to the rescue ' of Sayona by AJM. They each have their strengths and weaknesses that they can obviously bring to the table in any proposed venture.
But one MAJOR advantage of SYA is the ability to offer a ' back door ' entry into these markets for AJM via it's already established Corporate Canadian Structure. AJM doesn't have this going for themselves - nor would it have any intentions of setting itself that way given they already have SYA ready and set to go.
If I was to present an analysis or develop an analogy which was relevant to this situation , I would say they ( SYA & AJM ) are similar to a ' Binary Black Hole ' system .....in close orbit around each other .....which are just maintaining a safe distance from each other at the present moment. However in the event that they should go down the path and are drawn together or ' merge ' - the result would be that an immense amount of energy will be given off ........and of course reflected in the SP's of each orbiting black hole .........
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