That's my question, can they decide it on their own? Surely PLL don't have so much control over the project that they can force SYA to produce at a substantial loss?
As one of the highest cost producers this company will be on the chopping block very early on. I think this might end up with a court case between PLL and SYA unless there are carefully worded stipulations on C&M.
If the management wasn't so busy making arrangements for their next pay rises, they'd already be looking at the possibility of C&M by mid 2024.
If the market price keeps collapsing, it should be done early so the company doesn't risk failure and a cheap takeover bid that screws all retail investors.
That's my question, can they decide it on their own? Surely PLL...
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Last
3.3¢ |
Change
0.001(3.13%) |
Mkt cap ! $339.6M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.4¢ | 3.2¢ | $1.115M | 34.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 131 | 21151240 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 1618716 | 6 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
3.3¢ |
Change
0.001 ( 0.31 %) |
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| Open | High | Low | Volume | ||
| 3.3¢ | 3.4¢ | 3.2¢ | 21020600 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| SYA (ASX) Chart |