Perhaps todays Lithium prices may have changed that plan entirely.
I think they will be changing a lot of plans for many companies UC, from timing through to finance. Its purely about being able to produce spod or refined product below the selling price and then hanging on and seeing where that leads.
In the space of 12months not only has the price of Lithium collapsed but there has also been a shift from Hydroxide towards Carbonate as the preferred battery feedstock , who knows what another 12 months could bring in this fast moving space. PLL has been soley focused on Hydroxide and may be caught backing the wrong horse....never a dull moment.
I still see merit in PLL and SYA merging with a rationalisation of projects and resolving the OTA issues with NAL . They both have cash and no external debt. Anything is possible at the moment.
Cheers Whisky
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