SB, one would think that Sayona is not funding the ops and only requesting cash when needed. Personally, any JV we entered into had a monthly funding settlement so would presume that is how this JV would operate. We were an NYSE corp. you had an operating budget that was funded upfront and then settled one month in arrears on actuals. if PLL is not carrying its water thats where Shareholder lawsuits as well as JV partner lawsuits would become involved directly against the BOD as well as in the US, SEC investigation since both are public companies . i can't imagine an ASX company operating much differently. we shall shortly see when December quarterly is released. if JV funding is in arrears or default, would presume that would have to be stated. PLL has a sweet deal which I doubt they can afford to put at risk by not fulfilling their JV obligations. jmho. glta
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