SYA 5.26% 3.6¢ sayona mining limited

General Discussion Topics, page-123649

  1. 3,075 Posts.
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    Well we arent out of ramp up yet.
    I guess it depends what the contracts defined T&Cs are. But to me as Whisky mentioned recoveries is a big area of concern the team would likely be working on especially since its the SYA bread and butter for future drilling, capex etc...An as such this would to me fall into part of "ramp up" so 50/50 could flow through to end of 2024. But unless one has the contract in front of them its hard to tell exactly. It needs to benefit both parties so from a practical stand point it might be renegotiated in SYAs interest. Otherwise we should just shut it down under non-commercial, slow burn our cash reserves until PLL has voluntary admin. We have the cash, we have majority ownership of the asset and quite frankly if you were operating at loss with no renegotiation would you continue to do so? Its like banging your head against a wall.

 
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