General Discussion Topics, page-83998

125,000 metric tons of SC6 to Tesla beginning in H2 2023 through the end of 2025.

2.5 years and ONLY 125000tons??

= 2023- 25000
2024-50000
2025-50000

2026=zero, goes to carbonate plant....

Should be, as stated in PLL annual-
2023- 56500
2024- 113000
2025- 113000

Am I missing something here?

Maybe, Another offtake in addition to Tesla...why would you do that?

Additionally-

Piedmont’s purchases of SC6 from Sayona Quebec are subject to floor and ceiling prices for the life-of-mine term.

PLL are usually very quick to mention 500/900, yet this time DO NOT mention this floor /ceiling price anywhere???
Possibly opens the door to see our terms renegotiated as well??? Possibly....

Hypothetically.....Market based price formula - 25%???

Was this push for 500/900 LOM rhetoric, to secure a revised deal with Tesla, now the true nature of the PLL offtake will come to light??

Not out of the realms of possibility when you consider in 2022, most major producers have mover away from a traditional floor/ceiling based contracts, to a market driven pricing formula.
Pilbara, Albemarle......and witnessed again today with this PLL/Tesla deal...

Those old contracts are now ancient history....

Time will tell....