A change in the board certainly wont fix our contract with PLL but it would be a push in the right direction. A management aligned with SYA but that wants to maintain a relationship with PLL is what is needed.
Perhaps management of SYA being focused on its shareholder value for a start rather than lining PLLs pockets? It has been brought up on the forums a number of times now. NAL carbonate needs a fast track, plain and simple, this is the best value add to SYA holders at present. Spod from NAL would be preferentially used as feedstock per the PLL offtake to NAL carb plant any excess goes to PLL then all Carbonate would be split 75% SYA and 25% PLL.
Why would you continue operations as usual (just a spod play):
SYA shareholders bear the risk regarding operation as if we dont meet PLL offtake it reduces our total takings.
Splitting share from 50/50 with PLL to 75%SYA/25%PLL via JV for carb
Improved margins from downstream processing = more profit
Seems like a no-brainer to me.....
SYA Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
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