A snippet below regarding PLL with a couple of points underlined.
1: Tne the plant ramp up is ahead of schedual, running at steady state and close to nameplate, I doubt SYA as operator will put out an official statement on that subject untill its confirmed over a period of time.
2: Any FID on its other projects are delayed around 2 years for obvious reasons and its reasonable to assume the same would likely apply to SYA's projects unless there is a rapid change in the price of Lithium.
It's all about avoiding C &M and getting positive cash flow from the NAL concentrator first and engaging with others around how we can move forward forward in the meantime , any commitments around future developments will be some time away IMO.
Thanks to conservative BOD and management , a motivated and competent team at NAL we are still in the game with a modest cash position , no debt and a Mine / concentrator which has its main issues now behind it...we just need Spodumene to play its part and it doesn't give a stuff about mine performance unfortunately.
Cheers Whisky
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