General Discussion Topics, page-89274

Agreed, perhaps thats all part of the shorts plan. No run up into production leaving some holders disappointed, frustrated and saying ok ive had enough I'm out. The figures alone stack up greatly on this stock. Even if we take a conservative output figure 150,000 tons.

I love to compare shorters to children

firstly because children are usually short.
secondly, they run for cover when *&%^ hits the fan.

But in all seriousness, the figures stack up, even conservatively and without considerations of resource expansion, carbonate or hydroxide conversion, offtake agreement etc....

Take conservative production figure
150,000 - 2024FY and say
half (75k@ $900) - $67M
half (75k@ $3000 again conservative price - current price is more towards 5k per ton) - $225M

Lets just say about $300M for a year in JV
75% SYA - $225M (USD btw)

Not a bad turnover for a brownfield projects first year in production. Even the NY and wallstreet cats see the lithium price holding up for some time before a possible retraction pending demand.

Only thing I hope SYA management are careful of is cashburn during the good times. PLS would have a better understanding of tough times in production so just need to keep on top of opex and capex and ensure cashburn doesnt start to ramp too much.