PLL 0.00% 13.5¢ piedmont lithium inc.

Ann: Piedmont Lithium Sells Portion of Atlantic Shares to Assore, page-32

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    Not exactly what I was saying ... my point is AFTER the Dec Qtr and the loss recorded, I believe SYQ is low on cash ... working capital. SYQ doesn't spend SYA cash ... although it may look like it. Very separate set of accounts.

    So IMO, SYQ (Sylvain) if you wish, says to JB/KP that SYQ needs cash and a cash call is made on the Equity owners. Whether that's an amount just to fill up what they lost, or more than that, or less than (as less Capex this Qtr) is up to SYQ ... and then the Shareholder Agreement governs what they agree for Sylvain to have.

    For me the only thing left off by SYA on the report was the Opening Cash for SYQ .... as in how much of the COH reported by SYA is SYQ's.

    Remember the AGM ... it was expected that at that point, SYQ would not require further cash support from the equity partners. Welcome to sub $1K/t spodumene.
 
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