General Discussion Topics, page-117247

PLL ... the largest customer of SYQ (the JV) not SYA
PLL ... the largest shareholder of SYA
PLL ... the owner of 25% of SYQ (the JV) which produces SC ... ergo PLL is a producer. If I own 25% of a property that is rented I am a landlord as I collect rents

SYQ ... (not SYA) .... the recipient of the Cash Flows from the sale of SC. That cash isn't "yours (SYA)" - its "ours (JV)" - and it remains "ours" until such time as the JV determines it will paid a distribution. You are to look at that cash any way you want to ... the net net though ... SYA cannot spend it (at best I guess SYA could call it "restricted cash" or "cash held in JV" on SYA balance sheet).

This is not the world's first JV. Accept it. It was a business decision made to acquire an asset at a different time in the commodity cycle.

Sure, there is secular change in the demand curve for Lithium. But right now the PRICE CURVE for Lithium is not supporting that and if you invest in commodities .... oil, gas, copper, nickel, ...you must surely know that COMMODITY PRODUCERS FOLLOW COMMODITY PRICES ... and prices YTD for Lithium Carbonate 99.5% China Spot are down 61.15% and SC6 CIF China are down 45.12%. That is not a backdrop for rising stock prices for most Lithium Producers and Developers. This likely changes with global economic recovery and with Gov't forcing the acceleration of "electrification"

That background coupled with SYA's "unique(?) issues" are not helping SYA share price.

Not for consumption for those that need a spoonful of sugar to make the medicine go down ... you know who to turn to for that.