as the Lithium price falls the offtake with PLL is becoming less lopsided. If you consider the $800 odd per tonne they pay SYQ for spod, then consider the 25% they pay to NAL for operations then that agreement doesnt look as pretty as it did when the Lithium price was hooting.
In fact they are in real danger in having to review their own timelines and revenue streams considering the hold ups they are having.
They ought to be on the same page as us and skin the first cat. The Carbonate facility.
I mean how was Quebec ever going to consider us for funding when we have no idea what we are doing and a JV partner that has also stalled in their plans.
We killed off our own PFS for Carbonate recently, and we have applications for permitting Hydroxide... and then a "cash cow" (SYAQ) with no fixed supply agreement?
Nemaska has all of these items ticked and are in control of their own destiny.
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