SYA 3.03% 3.4¢ sayona mining limited

@GT3louiYou are of course entitled to believe what you want, but...

  1. 11,074 Posts.
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    @GT3loui
    You are of course entitled to believe what you want, but why twist the story with - well let's call them "(intentional?) misconceptions". And yes "hate" is a very strong word ... OK, I'll dial that down to despise ... your digital record speaks volumes to it.

    Of course they pay their bills to the JV ... surely you didn't drink the bubbly served up on this forum by those with no idea of how this incorporated JV works or how consolidated accounting represents the financials.

    Look at the balance sheets of the two companies ... you cannot seriously believe SYA is in a stronger position. It is in a most precarious position at present, as with many others.

    Even mighty ALB has its problems, but would make a most attractive acquisition to even mightier Exxon - who needs the LPO with their balance sheet. How ALB lets PLL remain independent is a surprise with the assets in play. Tying up the Kings Mountain asset with Piedmont seems almost obvious (like the marriage of Livent and Allkem and their assets).

    By the looks of it, there are many here that feel "jilted" by their SYA sweetheart ... diversification and balance within a portfolio helps with that problem. I'll hold onto her - I don't expect much from her - but to think she is in any position to make moves in M&A is IMO wishful thinking. Got no clue anymore as to who their strategic partner might be ... several obvious ones seemingly passed ... so whoever it is, I hope they can resurrect SYA but it wont be easy and it wont be free (to the current shareholders).

    Hope it works out for you as your postings read to me as an expensive lesson.
    Last edited by cmonaussie: 07/09/24
 
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