Ann: C$50m Raising to Advance Quebec Lithium Projects, page-77

Dont negotiate your own pay, because your logic doesn't make sense.

BOD have being releasing asx announcement after announcement that nameplate is 224,000 tons, and SYA will get a share from the first shipment

Therefore if ASX announcement released is accurate, there is no need for 3% dilution for couple months of revenue. If the purchase condition is payment upfront, could have gone to bank and borrered 50m at high interest rate and paid it off next quarter.


Unless you have inside information that indicates one of the two points,

1. SYA is not going to be producing spod in the next months or months month or
2. SYA will not be getting a decent share of sold spod and lions share goes to PLL OT.