SYA 5.26% 3.6¢ sayona mining limited

Ann: Drilling of high priority targets commences at Tabba Tabba, page-64

  1. 3,860 Posts.
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    Totally agree if you have free money then use it to improve a likely resource...not sure how far it goes but if Tabba Tabba is positive our SP could get a nice push for how long is anyones guess...but getting back to NAL and the likelihood of failure due to current JV with our supposed teammate and the pricing mechanism of the Offtake agreement that is costing us big time and could possibly put NAL out of the game....so if that could be a possibility why doesn't our teammate suspend sales at this point by going to whoever they are supplying with Spod allocated to them and let Sayona get as much as they can to at least keep their heads above water...I'm sure whoever Piedmont are supplying would rather continue receiving product later than no product at all if the project goes under....pretty sure if Piedmont went that way to help out their teamates instead of shafting them the market would respond in a way different way as it is doing now...any money from sales goes into the JV anyway doesnt it....just thinking out loud here if things continue being bleak which is more likely than not at this stage one would think.
 
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