SYA 0.00% 3.4¢ sayona mining limited

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  1. 17,655 Posts.
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    It could be that because NAL is already in production is why they were not interested?

    Right now, PLS is producing more than enough to meet the demands of the current market. Some are saying they produce too much.

    The acquisition of non-producing Latin Resources, did not require them to use any of their own cash, they could easily have afforded to if they wanted.

    Owning LRS gives them the option to time when to bring the claims in Brazil into production.

    If they acquired NAL, they would not have that choice.

    The only choices they would have, would be to keep it producing or to put it into c & m.

 
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