It would be disastrous for a young company like Sayona to squander the profits they make from mining on chemical conversion that they are I’ll equipped to do.
Absolutely Mega and I suspect that's the main reason for the strategic review especially around MOBLAN , NAL is a little different as there are some requirements from the Govt. Our board has a very good understanding through experience of how things can go wrong if you get ahead of yourself.
There is very good money to be made from producing concentrate, it's something we understand and are good at and requires considerably less finance and risk.
You can dare to dream when Concentrate sells at US$6000t but at US$2500t and falling you wake up and face the cold light of day ( although still very high margins) ...
That report may have "Hydroxide Kieth" keeping a defibrillator close at hand...
Cheers Whisky
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