The only way forward for both PLL and SYA is if they Merge as 1 company.
Its something I've banged on about previously , it had considerabe merit then and probably has more now IMO , it elliminates the issue of the OTA immediately and I would be more supprised if it didn't happen than it did. Its been common within the industry. There is no perfect solution.
What would a combined entity called Piedona or Saymont consist of :
1: 100% of NAL 2: 60% MOBLAN 3: 100: Carolina project 4: 100% Tennessee project 5: Combined cash 6: More attractive to financiers or larger players in general 8: Large resources in North America
There are bound to be issues but they can usually be solved, consolidation of share would be a certainty and projects would need to be prioritised around earliest revenue and likely involve some rationalisation / sale or mothballing. We'll see, but you can almost guarantee it has at least been discussed by the parties.
Cheers Whisky
SYA Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held
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