Note time range in agreement is 113K or 50% SC6 produced at NAL for PLL offtake is from July 2023 to July 2024.
What if SYA,being 75% owner of SYAQ, says delivery of 113K SC6 is to start July 2024?
Couldn't SYA, again being 75% majority owner of SYQ decide to commit revenue from SC6 from Q1 2023 to July 2024 to expedite NAL carbonate?
Wouldnt IQ absolutely support this?
Even give grants at the prospect of accelerating the time line to their EV/battery supply chain ambitions?
Would they not enact their veto power if otherwise decided?
That would only give a window of 6 months, give or take, for this PLL SC6 offtake before NAL lithium carbonate plant commisioning, circa late Q4 2024?
From then on, 100% SC6 stays at NAL for LC conversion according to latest information from Noosa Conference.
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