FT, AFR, CNBC, Barrons, WSJ all have stated that the official...

FT, AFR, CNBC, Barrons, WSJ all have stated that the official response from FORD was change in outlook to cut production was a result of slowing demand and obviously cost of production.
its not that it will affect SYA if it were to get out of PLL deal.
There is still a year of Biden administration to go/finish. Hopefully we can hear radical shift in EV pricing which means lower priced models to achieve affordability and more cheap charging stations.
As mentioned earlier, I do not see huge upside in coming years for spodumene market.
Say around that $2000 USD mark most likely.
in this holiday season, hopefully I can go through some numbers to get an clear indication.
SYA will only benefit if we increase our output by .....say 1.5 times by nameplate capacity with reduced cost of production and overheads.
VOLUME will be the key.
SYA's golden ticket will be this pricing of current spot spodumene. PLL cannot afford to pay their dues for rest of next year if the pricing of spodumene sits at around $1400 or $1500 USD because KP and mates were over optimistic.
I am very sure that in coming months we will definitely hear about that half finished carbonate plant to be fully operational soonish.
While we have the opportunity and that PLL will not be able to sustain reduced Spodumene prices, squash the PLL deal, if SYA BOD is capable of doing it. And if there is a foul play, as in if the BOD members have vested interest in PLL stock themselves, then we are stuffed.