Ann: Notice of Extraordinary General Meeting/Proxy Form, page-302

True you are correct in that SYA has no debt and spodumene prices are much better than when Altura bit the dust
... but isn't there a "glaring" similarity in .... wait for it ... the OTA that Altura had with its Chinese counterparty, which was along the lines of

" Binding OTA with a floor price of US$585/tonne 6% Li2 O grade spodumene, and a ceiling price of US$695/tonne on CIF basis. Prices will be based on a lithium oxide (Li2O) content formula incorporating published reference prices weighted for lithium carbonate"

“This new agreement with Weihua continues to diversify and strengthen our existing customer base, which is key when developing a new energy supply chain,” Altura managing director James Brown said in a statement.

https://www.fastmarkets.com/insights/altura-reaches-binding-lithium-offtake-agreement-with-chinas-guangdong-weihua

Could be that is spooky or dejavue for some investors - and hence the references to BoD (after all it was the debt that cooked Altura's goose was it not??) Maybe also that Phase 1 of Altura was nameplate of 220Ktpy of SC ... close to NAL ...

You could always send them on their way with an Ollie Robinson spray.