PLL piedmont lithium inc.
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Ann: Quarterly Report (Form 10-Q), page-2

  1. cmonaussie
    11,253 Posts.
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    10/08/23
    09:46
    Post #: 69261888
    Best to read this thoroughly ... and ignore those less read.

    Couple of highlights(?)
    The money-pit that is Sayona Quebec ... for PLL ~US$67M invested to date ... meaning ~US$200M for SYA

    https://hotcopper.com.au/data/attachments/5496/5496792-e95a2c5c6b70bfba62f1765ad5c46f99.jpg

    https://hotcopper.com.au/data/attachments/5496/5496755-1aef67c7ab51f649192c5019ed5a9eb0.jpg
    Little wonder that SYA needed to raise working capital



    and at at least that finally turns up. Note the comment re redistributions from SYQ
    https://hotcopper.com.au/data/attachments/5496/5496738-7ad463ae0997f91b0b26855c67df2d7f.jpg

    JV cash from spodumene sales will stay in the JV until a distribution decision is made in the future.
    PLL Price at posting: 73.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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