SYA 6.67% 3.2¢ sayona mining limited

General Discussion Topics, page-22059

  1. 12,898 Posts.
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    And that's exactly right. The deal was more a subjective one with a longer term purpose in my view. And they had to have something to underpin the strength of the ' tie-up ' which was ahead of the pointy end of the NAL acquisition BID submissions.

    So when thinking about the other ' Motives ' of these fly in fly out wannabee posters , one should always keep in mind some of the more peripheral issues by considering also where it might be coming from in respects to one or more of the Australian Lithium competitors who may or may not have fancied themselves given their size that they were in some way a chance at the North American Markets.

    Heads up though without a Piedmont and / or Sayona or similar , they have buckley's chance in noe of playing or supplying their products into this market ' Directly ' when and if the time comes.

    So given this issue might weigh heavily on someone future strategies now that the Lithium price is obviously getting away from them . Put this together with the examining the finer details of the almost coincidental poxy Class Actions securities trading law suit against Piedmont and you can start to get the overall picture of things and perhaps the reasons why someone or group of Investors or brokers would want to do this.

    However in the end it would seem there is really no point to pursuing this sort of strategy because Sayona and Piedmont would appear to have not just ONE , but TWO poison pill defense strategies with the first being that of the 50% LOM spodumene contract and should that not be enough , they Piedmont also have their 25% stake in Sayona Quebec as well as their 19.9% in the Sayona Parent Company.

    But I can see why they would ALL be aggrieved if they themselves missed out on the BIGGER market strategy overall. And can really only be a good thing for Syona with its VAST Pilbara Mineral claims as well.

    So I make no apologies now that Sayona Mining .....or even Piedmont have got way too expensive for you .

    Perhaps it would be best if they looked elsewhere towards the Brazilian Hard Rock assets of Sigma Lithium with its market cap equivalent sitting at ONLY A$ 961.55 million instead of having your eye on the combined prize of Piedmont / Sayona which is worth some circa A$ 2.5 ish billion ......sneaky.png

 
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