SYA 0.00% 3.4¢ sayona mining limited

Ann: Trading Halt, page-377

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  1. 87 Posts.
    lightbulb Created with Sketch. 37
    https://hotcopper.com.au/data/attachments/4374/4374062-225a0e417510b8d1862e515de48076b2.jpg
    Based on conditions of the supply agreement, SYA is allowed to walk away from the agreement in the following scenarios:
    1. SYA doesn't agree to a start date for product deliveries between Jul2023 and Jul2024;
    2. SYA doesn't agree to deliver product due to PLL's project delay(supply agreement);
    3. SYA doesn't agree to deliver product due to its downstream development scheduled in 2025;
    4. ..........
    .
    .
    If you don't agree with what I said, suggest you to ask a solicitor's opinion on the conditions attached to the supply agreement(fortunately it is not a definitive off-take agreement).
 
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