General Discussion Topics, page-1013

Your first question I believe I have already answered. It my opinion that Tesla knows if they do not feed the next generation of LI miners that they will be stuck with just the big boys and big boys will set prices with huge profits. If Tesla gets more competition in play they can pit players against one another and get more favorable pricing. PLL is also a pretty close delivery point to Texas from North Carolina.

The 2nd question is probably 2 fold.
1. Bringing a lithium mine into production is not a quick task. Most hard-rock locations take 3 to 5 years before they produce their first product. Currently there are only a handful of mines that are in the final phase of development, Sayona is one of only 2 that is in the final stage of development and is hard rock. The other is critical elements. Sayona has more proven reserves and potential because of their portfolio of properties. It also doesn't hurt that they PLL and Sayona both utilize Evercore and I believe that Evercore probably had enough access to Sayona data to whisper in the ears of people at PLL.
2. I don't think you can discount the Tesla connection PLL saw the opportunity to jump in on the cheap and did it.