SYA 2.78% 3.7¢ sayona mining limited

@cmonaussie,thank you for your continued support in referencing...

  1. 4,172 Posts.
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    @cmonaussie,

    thank you for your continued support in referencing the problems of not only Sayona but also your other mob as well, that you mention whilst losing cash it does not seem to be as bad as that as Sayona at this point...which is a good thing for Piedmont.

    So l have a question and please excuse me if l have it wrong but the figures you have stated for Sayona's losses aren't they currently based on the split of 75% Sayona and 25% Piedmont and as such Piedmont must pay 25% of those operating losses and if so would that not seriously impact on their cash reserves...I'm not sure because l dont get into Piedmonts Financials...just asking the question is all.
 
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