Yes - not sure I agree with everything though. It would seem at...

Yes - not sure I agree with everything though. It would seem at the present moment you can't even get .001 for your rights which officially finish trading tomorrow ( 27th March ) and have only traded 3,421,817 since they commenced trading. So this tells me that there is not much interest in exercising the rights when the Ordinary's are effectively valued at .007 ( rights should have been trading at .002 at the very least ).

And if you believe in what the figures are showing in respect to the current SELL orders for the rights ( ie SYARC's ) , there would be the equivalent of 65,268,096 associated holders who wish to sell their rights .... but of course cannot. That's around 12.2 % of the total ' New ' shares being offered under the prospectus.

With respects to the 2 cent options , it may be the case that all of this is o.k because should the ordinary's remain as is or at around the .008 cent mark , the 2 cent options may very well be trading at or around the same price of between .006 and .008 cents.

Whatever the case , it is an extreme case when you consider the simple fact that not one but TWO other Lithium Companies operating in Quebec who were much much Bigger and Stronger financially that SYA could ever dream of being in actual fact FAILED and went into administration. And here we are with a paltry $408 in the bank as at 31st December 2019. So unfortunately , it still really makes no real sense at all from this point of view............and so i'm not going to sugar coat it any longer.