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3.4¢ sayona mining limited

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Paddywagon1982

1,295 Posts.

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22/02/24

09:23

Post #: 72527458
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Originally posted by stevetrevor: ↑

The plus side of this announcement is that PLL had a conflict of interest in developing the chemical plant.

The offtake agreement price ceiling would have detered PLL from supporting developing the chemical plant. They would have probably voted to keep the status quo of getting cheap spod and not develop the plant.

Now with the voting rights gone, perhaps NAL can progress quicker toward that chemical plant build. CR to preceed this of course. But better terms in the long run for Sayona as a whole.

Am I right; if SYA can process all its spod at the plant, that means the offtake agreement will not deliver any spod to PLL.

My 2 cents.

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yes, agree

SYA Price at posting: 6.4¢ Sentiment: Buy Disclosure: Held
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Last 3.4¢		Change 0.002(4.69%)		Mkt cap ! $349.9M

Open	High	Low	Value	Volume
3.3¢	3.4¢	3.3¢	$307.1K	9.301M

Buyers (Bids)

No.	Vol.	Price($)
29	5527215	3.3¢

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Price($)	Vol.	No.
3.4¢	7526898	43

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No.	Vol.	Price($)
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190	26477021	0.032
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135	15342274	0.030
23	7656492	0.029

Price($)	Vol.	No.
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0.035	7938808	36
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