1. Totally agree. That offtake deal was once of the worst deals in history, but it is what it is or, was what it was.
2. Couldn't disagree more... They're very close to achieving DFS level unit operating costs. They've been shipping regularly. They've avoided going into C&M which is a calculated risk, but if it pays off then you will need to come back to me and change your stance entirely on the strategy point.
3. Poor messaging? marketing can only get you so far and proof is in the pudding as they say. What would you have preferred them to lie about NAL's performance. On that, NAL's operational performance is going absolutely fantastic.
You know whats an easier fix? A lithium price recovery lol
I dont have any other answers for you as to LTR's valuation being higher than Sayonas other than they own 100% of their projects and have a reasonably low cost of production. I personally think that accounts for the difference plus maybe a bit of over valuation of their stock?
SYA Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
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