I was on the Piedmont Lithium call today and I found comments...

I was on the Piedmont Lithium call today and I found comments from KP very interesting. Chose to use the run-up in share price for the DFS Moblan release as an opportunity to cash out of SYA so they can fund PLL thru mid 2025. I am pretty sure they were selling out before the Moblan release so that to me seems somewhat questionable.




KP mentioned that the ramp up that is ongoing if halted, would take 12-18 months to start over and ramp up again. This IMO, would make it unrealistic to put NAL into C&M for a short term gain. The improvements that are being made currently should help reduce the average cost to produce significantly as to maintain a profitable operation once the improvements are complete.

Funding options at NAL are plentiful according to KP. Has me thinking that the partnership opportunities that have been discussed would come to fruition.




After all of that, and KP acknowledged that they could and should have sold out of SYA and ALL at much higher prices in the last few years, but the timing is still somewhat suspect to me as if there were additional good news coming, then why not stick around for it.

I wonder if they could reduce their ownership % in the JV and keep the existing offtake and sell their % to a partner who would then provide funding for the downstream processing at NAL.

DYOR