Why would PLL agree to a lower cut??
The key flaw in simply "investing in NAL downstream ASAP" is that PLL are not incentivised to do this. And they need to agree before the downstream initiative proceeds. The offtake needs renegotiation and SYA need to be prepared to give up JV ownership % in exchange. It's as simple as that. I for one hope that happens, as the offtake is really killing SYA's growth at present.
General Discussion Topics, page-118339
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