People keep repeating "keith needs the cash" so is going to agree to the plant, however by the "deals/percentages" going in this thread, PLL stands to make far more money by sticking to their offtake terms unless the terms are sweetened.
Yet to see someone here make an actual financial argument as to why they should agree to progress downstream in the short term as opposed to selling into the spot market etc. PLL has already advised investors that they need to jointly agree for the offtake to be voided, which is more than SYA has come out with, so spare me the "they dont have a choice" argument for the moment.
THE TRUE VALUE OF SAYONA, page-240
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Last
3.6¢ |
Change
-0.002(5.26%) |
Mkt cap ! $370.5M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.7¢ | 3.5¢ | $2.158M | 59.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2625000 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 5881377 | 21 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SYA (ASX) Chart |