Here's the thing though right . You can net off some of the '...

Here's the thing though right . You can net off some of the ' cosmetic ' explanations and reasoning's why Piedmont decided to jettison its stake in Sayona and perhaps causing that unusual left field rally in the Share Price ....and subsequent dump.

However once you sift through the standard analysis of balance sheets and future cost and capital projections and forecasts , you're inevitably left scratching your head in utter amazement. Because you can go an entire lifetime of investing and you won't EVER see a block trade moved on in such a short period and with such short notice in a stock.

And normally these sorts of ' Block Trades ' and ' Special'd ' lines result in quite favorable share price responses shortly after they are completed.

So I find this one particularly intriguing given the timing ahead of Piedmont delivering its quarterly and year end Annual Report.

You also have the price at which it was pitched being near enough 20% discount ....which by any measure is really quite generous to whoever the NEW or selected Buyers were. I mean it's not even a capital raise so why the steep discount ....?

And even looking at CXO ,its trading at roughly 5% less from the date at which it announced the C&M on its operations and yet Sayona is still under water to the tune of some 26 odd percent from that same date of 5th January ....., and we are still producing with higher recoveries and ever decreasing marginal costs.

Anyway , we've hit the 4.7 as indicated and eased back to be now flat to a pip up which is at least solid start with good volumes.

So no matter what you think , the bottom line is that EVERYONE and their uncle who has got their designs on Lithium Chemicals , be it Carbonate or Hydroxide is going to require the CONCENTRATE......

And without it , its a bit like producing the iconic soft drink Coke without the input of the carbonation or flavorings.

The long term beauty of Sayona's set up though , has always been this fact that its valuable processed concentrate is potentially available for added value chemicals processing right at the same facilities. And you just can't BUY this advantage in the North American market unless you're looking at Sayona.