SYA 6.90% 3.1¢ sayona mining limited

General Discussion Topics, page-142691

  1. 2,068 Posts.
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    No use pumping. Based on the characters of PLL and ex Altura we have observed over the last 5 years or more, most likely the PLL-SYA agreement will not be terminated. This will be a bitter pill for any take over as no one would want to produce for someone else to take the lion share of the profit. Why did SYA agree to such an agreement in the first place - its dumb. At some point in time, we will need cash as the burn rate is quite high. The solution of ex Alturas is always to dilute. Too many dilutions to count for SYA in the past. If problem areas not solved, it will be downhill all the way for SHs. IMO.
 
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