SYA 5.56% 3.4¢ sayona mining limited

General Discussion Topics, page-4971

  1. 12,890 Posts.
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    Keep in mind that CATL whilst having a Canadian Office in Vancouver as well , opened it's FIRST North American Base in Detroit back around December 2018 and after it launched further into its Investment in North American Lithium in around March 2018 .

    A month later it also invested in North American Nickel in April of 2018 and which I believe still holds around 21% ownership in them.

    So they have firmly established strong roots in America via its strategic Corporate Head Office based in the Vehicle Manufacturing Hub of Detroit.

    So I guess I would be watching closely North American Nickel , as it may be that having their involvement will require the Name of NAL to remain the same given that BOTH these Companies were listed as part of the CATL Group along with ALL its other subsidiary offices in France , Germany , Canada ,Hong Kong and the PRC at the time they invested their $50 million in Pilbara Minerals with their 183,333,334 or initial 8.24% in PLS. So NAL and NAN were BOTH listed as beneficial interest parties included in the ownership of the CATL Group with their little slice of another Aussie Lithium Producer.

    So I guess I could even expect under these conditions to see perhaps the Name of NAL remaining the same with CATL being a continued large Investor through its Ontario based North American Nickel , and with Sayona and Piedmont as assigned ' Operating Partners ' in the mining and processing of the future NAL operations. IQ could still carry on with its extended finance and honeymoon rate loans which could be reset and assumed by each of the operating entities and their corresponding percentage interests in the venture.

    Whatever the scenario , it certainly is going to be interesting and I believe will ultimately be net net positive for Sayona's overall valuation.

 
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