SYA 1.47% 3.5¢ sayona mining limited

My post from March 11th was about the possibility of Piedmont...

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    My post from March 11th was about the possibility of Piedmont using the existing facilities at NAL to process hydroxide rather than to build a hydroxide plant of their own.

    I wanted to add a few new details that make this argument even more compelling.

    1. According to piedmonts PFS the hydroxide plant would cost around $430 Million to build.
    https://t.co/PKh89o91Qc?amp=1
    https://hotcopper.com.au/data/attachments/3049/3049487-3d6c07d92ca674a57b4909ae929fb5c4.jpg
    2. this article that talks about SRG mining's plans if they are awarded states the upgrades to the existing plant at NAL would be 10's of millions.
    https://t.co/sDp3gKWUKE?amp=1
    https://hotcopper.com.au/data/attachments/3049/3049496-7371bfb8b74d3eda38b0443ba858999f.jpg
    Piedmont will eventually need to build another hydroxide plant no doubt because there just is no way to process all of the spod with what is at NAL, but this would get them to production quicker and allow them to bank a little coin before embarking on a $430 project .

    Lastly this slide was taken from the corporate presentation from Galaxy, I don't think there are too many doors they can knock on outside of China and we are very close in location.
    https://hotcopper.com.au/data/attachments/3049/3049543-1c23635a46165e8a97b3fb7b25bc5d4f.jpg
 
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