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4.7¢ sayona mining limited

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Yk84

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05/03/24

11:46

Post #: 72748764
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Originally posted by Norbeto: ↑

Yeah apologies for my lack of clarity, assumed most would understand half is already under OTA. I was talking about the other 50% of spodumene and possibly a tie up with the Carbonate side of NAL.

I'm more and more inclined to think LG chem will take the remaining 50% in a deal with NAL (JV) linked to carbonate for the future.

Although an unpopular opinion around here, Piedmont has positioned itself strategically with NAL and its offtakes. Talks of Piedmont going under are IMO not possible without Sayona also going under... its only feasible considering their 50/50 (or less, whatever way you want to look at it) economic benefit from NAL. So essentially what I'm getting at is I don't think LG would invest their money and efforts into Piedmont thinking it might fail because if it does, Sayona too probably goes under and then you lose the operator of the facility in which you have a longish term contract under.. so it's in LG (and Tesla's) best interest to keep NAL and intrinsically, PLL and SYA alive.

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Can you please elaborate as to how if PLL goes down will affect SYA?
The two have a JV.
If one fails are any legal obligations that the other has to cover its losses?
If not than there is no obligation.
Please enlighten us all....haha

SYA Price at posting: 4.3¢ Sentiment: Buy Disclosure: Held
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Last 4.7¢		Change 0.001(2.17%)		Mkt cap ! $483.7M

Open	High	Low	Value	Volume
4.6¢	4.8¢	4.4¢	$3.425M	75.04M

Buyers (Bids)

No.	Vol.	Price($)
3	948438	4.6¢

Sellers (Offers)

Price($)	Vol.	No.
4.7¢	3284849	24

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No.	Vol.	Price($)
3	948438	0.046
14	3281745	0.045
21	5447996	0.044
22	5324044	0.043
35	6106441	0.042

Price($)	Vol.	No.
0.047	3284849	24
0.048	5694411	29
0.049	4238676	20
0.050	14189300	45
0.051	1855647	13

Last trade - 16.10pm 15/05/2024 (20 minute delay)


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