Ann: Operational Review Supports NAL Ramp-Up Plan, page-68

Well that's the thing isn't it. If there is something which you are not clear about and the company puts out information that is shall we say "obtuse" then one ought to at least try and get that clarified.

I'd highlight the JV in this regard and especially the Shareholder Agreement that governs it (and by that I mean the specific agreement between SYA and PLL) which is not the same as the BoD running the operations of the incorporated JV (SYQ). JB put some info out during the AGM ... I needed clarification and got what I needed to remove the ambiguity ... but you wont read that in a PR (typically). Some here think thats "inside information". Some here expect if you ask any question e.g. "Are you putting the company up for sale?" that you'll get an answer ... of course not. You have to get the context right and not be to specific.

So are things "looking rosey" ... your guess would be as good as anyones. Add $1,000 to the price of SC and that helps all kinds of bad medicine (yeah yeah BonJovi) go down. If you can recall Reg Spencer's recent commentary - he highlighted his thoughts on why NAL would not go done the path of C&M ... some of which is clearly "echoed" in SYA's PR.

The best you can do is to try and "match stories" and probe the differences for yourself.

BTW well done on WA1 ... I tried to get it in when it started its retracement from Jan'24 ~$15 high, thinking I could snag it around $8.50 (I guess ~$9.50 was the price you had to pay to get good value then).