General Discussion Topics, page-142609

The only thing that is obvious is that Spod price is down. It is obvious that this is outside of the control of our management team. Just like every other management team in the lithium sector. SYA's don't have control of the Spod price. I actually think our management team have been quite prudent. Imagine having acquired that paper plant and being mid process with huge capital expenditure outlays and all of that distraction whilst we are trying to optimise NAL. Imagine not having done that $200m cap raise when we were at 20 cents. Imagine not having the foresight of locking in an off take with PLL with a low and upper base price and being totally reliant on spot sales. Imagine not having availed of the government tax rebate in critical minerals. Imagine not having acquired an asset in North America- a tariff friendly market and being totally reliant on the Chinese for pricing ? Imagine having a huge death pile with high interest rates where loan note holders could call the debt in.

Some ***holes here can't see the wood from the trees. Tip: simply go and look at every other lithium miners price over last 12 months and if you still can't see the wood go out and buy a baseball bat and beat yourself over the head with until you understand what wood looks and feels like.