General Discussion Topics, page-136928

PLL don't have a pot to piss in and have an outrageous capital program ahead of them. SYA is at least 5 to 10 years ahead of them in terms of CAPEX- are you serious? Synergies implies equal advantage to new company- combining SYA with PLL would be disastrous for SYA shareholders who would be hit with multiple capital raises to fund PLL projects that are at least 5 years away. Granted PLL might get grants and whatever, but the CAPEX alone to be provided in PLL is going to be unbelievable. To suggest SYA get involved in all of that when we have actively avoided having huge capital expenditure via acquisition of a distressed asset, is simply mad dog crazy. SYA need to keep laser focused on chemical partner and ramping up production and expanding resource and reactivating carbonate plant. The existing arrangement with PLL won't be an issue- it will be past tense.