Interesting listening.. what I take away from it is that the JV is looking at expanding its 50% contract with Piedmont - LG - Tesla for the total volume from NAL.
This could mean the re negotiation of the 900 ceiling price contract.
Currently, LG or Tesla aren't paying a decent amount for Piedmonts volume and Piedmont won't be making a great margin if at all.
If they agree to lift the ceiling price to a floor of $1,500/ton and include the whole production volume of NAL then Piedmont wins, NAL JV wins LG and Tesla secure locally produced material and ultimately, Sayona wins.
Whether Piedmont and Sayona merge is another story but it certainly makes sense in some aspects
General Discussion Topics, page-134968
-
- There are more pages in this discussion • 5,981 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SYA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.6¢ |
Change
-0.002(5.26%) |
Mkt cap ! $370.5M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.7¢ | 3.5¢ | $2.158M | 59.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2625000 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 5881377 | 21 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SYA (ASX) Chart |