SYA 5.26% 3.6¢ sayona mining limited

General Discussion Topics, page-124104

  1. 3,075 Posts.
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    Aug 2021 announcement states:

    "As part of the Quebec Content Undertakings, a feasibility study into the development of a spodumene
    conversion facility will be conducted within three years from the transaction’s closure. In addition,
    subject to certain conditions, NAL has undertaken to convert its spodumene production into lithium
    hydroxide or lithium carbonate within Québec from the sixth anniversary until the 10th anniversary of
    the closure."

    Which is more accurate as its closer to the finalisation of the deal its also stipulated as the above in the 30th June 2021 court approval.

    So it appears they have anywhere from Mid 2027 through Mid 2031. Least thats how I read it.
 
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