That's an interesting point you make there with respects to CXO and their grappling of production inputs and output levels. Maybe some knew , but there was absolutely no evidence that any Hot Copper participant knew ....except the explain away johnny come lately's.
So how that relates to Sayona from a ' one step ' removed basis , is that is it in ' Sympathy ' for this production aberration insight at CXO that Sayona's SP FELL to the convenient Director's 15.0 cents pricing ....PLUS a further 6.66 % .....
below that at the 14.0 cent level.
Because I'll throw up another angle of supposed ' advantage ' that Sayona was meant to have by comparisons to others. And that was the alleged production and technical skills that Buckler & Brown brought to the table in regards Altura's grades and production purity achievements over the course of their journey.
So in giving these Guy's the benefit of the doubt here..... They were the ones who were supposed to know exactly how to ' Tweak ' the previous defunct NAL concentrator facilities by way of invoking the correct engineering improvements and components necessary in getting the output consistent and of high quality.
So the questions then become - are these improvements working , if so ALL is well and perhaps B & B can keep their directorships , otherwise , if its NOT , then this would be a further reasons to let them go at the next opportunity.
Because they are supposed to be the experts. And I get concerned when the ' Experts ' aren't willing to tip in any further capital at 18.0 cents ......or perhaps even at the 15.0 gifted price of their options.
Nevertheless and whichever way it unfolds , 38,000 tons of product in only 4 months still leaves another almost 600% left for increasing production output improvement in potentially reaching nameplate by only Nov 2022....or only 8 months from re-start.
And the faster we get to those sorts of volumes , the faster the cost recoveries and lower the calculated adjusted marginal cost becomes on the higher daily, weekly , monthly production volumes.
So these Guy's might be able to keep their jobs after all .......should the numbers ' Dry Stack ' up.......
How we going with that Sigma Lithium comparable Dry Stacking objectives outlined by BOD to Sayona shareholders over 12 months ago now.....
How are those improvements going , and will we actually hear something to their effect in the JUNE 2023 Quarterly activity statement.
(20min delay)