SYA 2.94% 3.3¢ sayona mining limited

The article was about Altura's latest off take being Ganfeng and...

  1. 10,484 Posts.
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    The article was about Altura's latest off take being Ganfeng and for as much spod as possible including a prepayment and commitment to build out to 440 000 tonnes of spod per year.
    This would have freaked PLS out at the time.
    The Cor Cordis overview report.
    https://www.corcordis.com.au/experience/altura-mining-limited.
    The mining staff did not stay from Facebook goodbyes.
    The voluntary administration was the only course of action post the Loan note holder decision to pull the rug at midnight.
    Recievership is a very unusual step for investment companies to take as it can take years to sort out in this case weeks as per Corcordis report.
    It only took Aus super 2 days to do their Due Diligence before investing into the acquisition.

    I haven't ever seen the creditor's report as this is not public.
 
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