SYA 4.76% 4.4¢ sayona mining limited

Ann: Drilling at Tabba Tabba Finds High Potential Pegmatites, page-76

  1. 2,469 Posts.
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    Some context is needed ??

    The only context needed by the reader, is that your a PLL holder.

    As soon as that carbonate plant is operational,it eats all of the ore produced at NAL.

    The revenue derived from processing and selling that ore is split 75% SYA and 25% PLL.

    An offtake agreement for Moblan that includes financing to complete the NAL carbonate plant is an obvious option.

    Sayona needs to get that plant
    opened asap.

    If the JV opposes the completion of the plant,then it says one thing.. PLL is financially unable to meet their 25% of the costs.

    I find it hard to believe that a minority partner can prevent a project from going forward.
 
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