SYA 3.03% 3.4¢ sayona mining limited

General Discussion Topics, page-21798

  1. 4,089 Posts.
    lightbulb Created with Sketch. 7166
    I wouldn't worry about the wording in the company announcement.

    MoU's & BOA's are usually 50 odd page documents the lawyers have typed up with a plethora of legal clauses.

    Bottom line is $900 cap is not great if the spot market is multiple's of that.

    Keith knows that PLL is contractually obliged to deliver 50/ktpa SC6 to Tesla, hence why he has a contingency with Sayona for a minimum of 60/ktpa SC6 or 50% which ever is greater in writing.

    Great for PLL, not great for SYA
 
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