SYA 3.13% 3.3¢ sayona mining limited

Once again it's not very clear but PLL insinuating SYAQ side...

  1. 86 Posts.
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    Once again it's not very clear but PLL insinuating SYAQ side allocating cash to JV. From PLL:

    Piedmont owns a 12% equity interest in Sayona Mining and holds an offtake agreement (the “Offtake Agreement”) with the JV to purchase the greater of 113,000 metric tons per year or 50% of SC production at a ceiling price of $900 per metric ton (SC-6.0%) on a life-of-mine basis. As 2023 is the start-up year for NAL, the parties have agreed that Piedmont’s allocation this year will be the greater of 56,500 metric tons or 50% of 2023 SC production. Sales by the JV to its customers are expected to support JV operating expenses, while sales under the Piedmont Offtake Agreement are planned to fund the Company’s broader strategic initiatives, including development of our projects in Tennessee, Ghana, and North Carolina.
 
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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¢ $723.3K 21.93M

Buyers (Bids)

No. Vol. Price($)
182 43325841 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 2030189 8
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Last trade - 16.10pm 11/07/2024 (20 minute delay) ?
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