There's a reason why it's only this drunk and @Norbeto that are thinking of a merge. Sayona has its hands full with trying to get NAL to nameplate and will have Moblan to deal with eventually. Why would Sayona then take on the additional burden of:
1) A troubled mine project that has yet to break ground in Gaston County with fierce local opposition.
2) A mine/plant in Africa that has yet to break ground and of which, PLL is responsible for the first $70 million in CAPEX, and 50:50 thereafter.
3) A hydroxide refinery in Tennessee that has yet to break ground and which will cost in excess of $1 billion.
Where is all that money going to come from??? Why would Sayona take on three other huge projects when it has one project that threatens to bankrupt the company?
Ann: Drilling of high priority targets commences at Tabba Tabba, page-95
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