SYA 6.45% 3.3¢ sayona mining limited

General Discussion Topics, page-143249

  1. 13,617 Posts.
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    For the foreseeable future NAL is the only project of relevance for both PLL and SYA and would be better off merging IMO, combine their cash and have a single entity with 100% ownership of NAL, two OTA's , no debt plus other assets that are years away from any meaningfull contribution anyway if developed or mothballed or sold.
    That simplifies decision making, cuts out a layer of management and either buys a little more time for things to turn or go into C&M with more cash on hand and better position to restart.

    There is no perfect solution its more a matter of making the best out of the only asset of any relevance , both companies are dependent on NAL and it makes little sense to remain a complicated and divided arrangement . It doesn't change the immediate outlook but does give options.

    Cheers Whisky
 
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