The company is merging on the expectation of prices being better over the next 12-18 months but like us they don't know if that will prove correct either, they don't have a clearer crystal ball than we do on the Lithium market, they can only go on what consultants /analysts come up with and they are largely guessing as well.
Im really not confident on a guessing game when my hard earned is involved, like you said if this merger dose not go ahead the care and maintenance is the go the one thing that is certain from that point on is SYA will not be selling lithium at a loss.
If as you say they expecting prices to better over the 12-18 months then care and maintenance to get to that point would be option.
Question with all due respect your disclosure says not held.
Why are you here?
SYA Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held
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