I take your point ... but PLS was "eliminated" by the requestor as its way past the ramp-up stage as a producer ... whereas SYA/NAL is not (nor is Sigma)
As far as Governance etc., Brazil has been a top mining jurisdiction for a long time ... its no accident that Vale (formally Companhia Vale do Rio Doce) is the world's largest Iron Ore Miner. Vale has been a great investment for me over the years as I think BHP and RIO would be for others too. All 3 have "governance" challenges (globally)
But hey I'm not here to defend Brazil, or the other 2 powerhouses of lithium production in South America - they present competition to SYA and as far as ESG goes ... well Sigma does seem to have that well covered.
As for sovereign risk ... talk about a furphy ...
I take your point ... but PLS was "eliminated" by the requestor...
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