As @Yk84 has said, a very misleading post full of misinformation.
Why would we merge with a company that has a lot of IOU's on projects they are committed to funding, including a 50% buy in, in volatile and unstable Africa.
And how is PLL going to fund their $1 billion plus hydroxide refinery in Tennessee?
They must pay us around $800/t for the spod they buy from us, PLUS pay 25% operating expenses. With the price of spod still falling, their margin is paper thin at this point. Their cash coffers are shrinking fast.
And if we merge, KP is going to insist on being CEO. His ego doesn't allow him to take a seat to anyone else.
There will be a lot of internal strife, backbiting, and struggling.
They are not treating Sayona ethically right now, why does anyone ever think that will suddenly change just because of a merge?
SYA Price at posting:
6.4¢ Sentiment: Hold Disclosure: Held
(20min delay)