what the decline in spod pricing isnt a material enough event for our management to warrant its intention with NAL into the future.
Note that on a recent presentation from Core Lithium there cost per ton is 904AUD which is about $600USD. While our cost per ton is closer double that.
I imagine like Langley our care an maintenance wont be too far away if the price continues and doesnt start to stabilise. An I am aware of the ramifications. But it would be stupid and almost negligent to continue operating into the foreseeable future operating at a loss, just in the hope things change.
We might not be at loss making yet, but I would bet that we are close. SYA shareholders funds need to be the number 1 priority in line with SYAs short term survival. Not PLL and as much as it pains me to day it not NAL workers either even though they have done far more for this company than the BoD.
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