Only if they put it to 75% SYA and 25% PLL under a new contract.
We hold both the unallocated spod and also a half built carb plant as our bargaining tool which isnt much. But its better than PLL which if not sorted shortly is fast running out of cash. So they certainly would be in a more desperate position than us to get a deal done.
SYA no longer has a PLL largest shareholder, granted we are still JV with PLL but SYA needs to start taking care of its shareholders not JV partners as priority.
I also wouldn't lock in a fixed price because if prices do go parabolic again we will be out with the torch and pitchforks chasing down management again.
Perhaps they should use an averaging price over the course of 5 years or something similar. Will help balance out our peak and trough cashflow.
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80 | 13830695 | 0.030 |
Price($) | Vol. | No. |
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