Is the paper mill infrastructure at Amos worth the outlay to buy it when SYAQ already own land at NAL (only 29 km away), where they could build a refinery on site?
Apart from other paper makers, who else would want Amos?
In 2020, Resolute had net debt of $CAD443 million, which leaves them economically vulnerable, despite what the CEO had to say, (as he exited the company).
https://resolutefp.mediaroom.com/2021-02-04-Resolute-Reports-Preliminary-Fourth-Quarter-and-2020-Results
Could SYA offer equity in a lithium hydroxide subsidiary to Resolute in exchange for the infrastructure without the need to raise finance?
General Discussion Topics, page-108635
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Last
3.6¢ |
Change
0.002(5.88%) |
Mkt cap ! $370.5M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.7¢ | 3.4¢ | $2.402M | 67.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 8880005 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 3759224 | 17 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| SYA (ASX) Chart |