Just for reference, at today's price (4c) the 1.25 billion shares both the Piedmont entities own in SYA are worth $50m
Now i know there are mixed emotions about Piedmont but i'm afraid that we are far better off if they can continue to stump up funds for the JV if prices continue to be shithouse - but unfortunately its going to mean they need to wrap up some plans - and particularly if they want to avoid further costs by not meeting NAL refinery commitments to GoQ. Thats still a while away, but have you seen some of the Lithium price predictions?
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Ann: Operational Review to Optimise NAL Cost Structure, page-174
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