SYA 3.13% 3.1¢ sayona mining limited

Ann: NAL Acquisition Finalised and Production Plans Advance, page-108

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  1. 12,830 Posts.
    lightbulb Created with Sketch. 15645
    Definitely . Which is what I believe I mentioned. They will for sure be producing Carbonate before year 6 ......And perhaps long before. The ' Subject to certain Conditions 'has most likely got something to do with the ' Green Light ' and Go Ahead of the Authier environmental approvals et al ....because you effectively have not ' Undertaking ' if that doesn't occur.

    Hope that answers you question. I personally still think they have sufficient ' qualtiy ' spod in the ground at NAL to commence production again much sooner without necessarily Authier Ore. Because if you look back , the failure as has been more focused on in the interviews and media as being the ' Longer term ' issue was certainly NOT the reason they went into or caused their last Administration.

    It was purely economic and financial together with the legal procedural aspect of there being an ' aggrieved ' unsecured creditor in G.G Entrepreneur. And the proof of this is ALL there if you are willing to look hard enough. I myself had posted some ' Profitability ' numbers on those last financials provided by NAL....but unfortunately I am not going to re-post them.
 
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