SYA 5.26% 3.6¢ sayona mining limited

@Silent-Bubbles "I don't think they would have to ' Jointly '...

  1. 4,125 Posts.
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    @Silent-Bubbles "I don't think they would have to ' Jointly ' agree for a re-start of the NAL Carbonate ' Chemicals Plant ' as for starters Piedmont is only 25% stakeholder , and so if the Majority stakeholder being Sayona and I.Q decided that the Lithium Carbonate re-start was a ' Goer ' - With our without Piedmont , the Hierarchical FIRST paragraph order of where the spodumene concentrate went to would be NAL Carbonate ....THEN Piedmont."
    https://hotcopper.com.au/data/attachments/4466/4466245-5f3228c5d858354da4cade150398e8f5.jpghttps://hotcopper.com.au/data/attachments/4466/4466247-5f3228c5d858354da4cade150398e8f5.jpg

    let official announcements dictate fact:

    Read this slowly....

    https://sayonamining.com.au/wp/wp-content/uploads/2022/06/SYA_NAL-restart_28-Jun-22.pdf

    Page 3:
    Conditions of offtakeagreement
    If Sayona and Piedmont agree to jointly develop and operate a lithium chemical plant,
    including a restart of the lithium carbonate plant at North American Lithium or another
    lithium chemical plant at a different location, then the partners agree that the order of
    priority for production volume of spodumene concentrate from North American Lithium
    will be:
    1. Jointly‐owned lithium chemical plant
    2. Piedmont volume under the offtake agreement
    3. Third parties

    and if they do not agree then the original offtake order stands. If spot prices stay elevated there is zero reason PLL would agree, but you keep typing away


    Last edited by banksy808: 28/06/22
 
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