PLL did not elect to participate in the CR

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SplitFusion

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14/11/23

02:55

Post #: 70879782
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Originally posted by Kevo88: ↑

Unless I am missing something PLL must have been part of the 200M parcel placement, hence my earlier post. Perhaps using the funds from the OTA sale to help buy up in SYA. Just remember the 20% rule with shareholding regarding PLL. Up from 9% to 12% maybe a move to 15% soon?

Now considering BL is out of the picture, followed by an issue of capital part of which was purchased by PLL at a discount at the time mind you (18c). Adding to PLLs stake in SYA taking it from 9% to 12%. Might not seem like much.

But when they are going to have a lot of against votes from retail they are gonna need every vote they can get to maintain the status quo. One can only hope us little guys get up here. But something tells me we would need far more exposure to press the no vote than simply hotcopper.

If management can drag out the Spod offtake to PLL it ensure an easy wage with no massive challenges via getting Carbonate up and running. The downgraded guidance and move toward exploring to expand resource seems to be the usual process from our easily read BoD. Easy KPI options = free money to current BoD.

Unless we get someone with knowledge and credibility in the carbonate plant building space we are going to be trending sideways for a very long time. Even with a bounce back in lithium spot price. With the now downgraded guidance our profit has been sliced. Almost in half....

Moblan is years away from Hydroxide. Thats just reality.

Really hope we see a BoD spill or ill be reconsidering my investment, thats for sure.

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PLL did not elect to participate in the CR

SYA Price at posting: 7.8¢ Sentiment: Buy Disclosure: Held
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Last 2.7¢		Change 0.000(0.00%)		Mkt cap ! $277.9M

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Price($)	Vol.	No.
0.027	4199060	17
0.028	8189747	36
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PLL did not elect to participate in the CR

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PLL did not elect to participate in the CR

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