PLL General Discussion, page-2014

I don't have a copy of shareholders agreement, but I do know a new company hasn't been set up for JV specifically, with a different voting structure to SYAQ. Rather SYAQ is owned 75:25, and it has a JV agreement to develop NAL and pursue downstream
processing. That's all as shareholders we have been privy to. What allot of people don't understand is that SYAQ have previously said JV won't be renegotiated and this is accepted. However, SYAQ having to go into C&M to preserve shareholder wealth (inclusive of PLL) is an entirely different situation and I stand by my comment that it will be a decision by the board and usually made in accordance with voting rights. Unless I'm missing the obvious here I don't know.