I don't believe it was a bad deal at the time. Now, looking back, it was horrible.
I believe it was the only way SYA was going to get the NAL project. Without someone like PLL as a partner, Quebec court would not have agreed to the deal. If all of us could see into the future, we would be billionaires right now.
The question I now ask (it has been brought up many times in the past), why can't SYA renegotiate the contract? Didn't PLL renegotiate their deal with Tesla? How did they do that when it wasn't in Teslas best interest?
If PLL was truly a great partner, why not cancel one of the plants in the US and plan one in Quebec where they could use their partners (SYA) spod for plant feed? I mean a truly win win for both SYA and PLL and don't forget Quebec.
Anyone with a knowledge of corporate contracts give any insight on how SYA could renegotiate the deal?
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