SYA 0.00% 3.4¢ sayona mining limited

General Discussion Topics, page-28726

  1. 12,830 Posts.
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    Yeah who knows Split. However with him , and the figures and comments he throws around - they're rubbery as hell and change virtually all the time. Even in interviews he almost always seems as though he ' can't remember ' a figure he's previously stated publicly . Know wonder he's finding himself in hot water with appropriate disclosures .

    However , given it came ALMOST immediately after their ' 5 days ' visit to the NAL operations , you'd have to reckon that the 8.7 MT increase in more like an 18.47 % increase or omission from NAL's soon to be updated from previous drill hole figures than what would amount to a 41.54% increase to the previous 20.94 MT Authier .

    And either one of those ' increases ' would be deemed to require a price sensitive announcement . Therefore , I'm thinking it more like a revision resulting from an original document omission on their end . Either that or a typo ....LOL.

    To those who think the the Floor - Ceiling spodumene offtake ' Arrangement ' for LOM is even meaningful in the context of what LOM means given the ' Arrangement ' may only be at best for 2 years of the operation due the requirement to be producing Lithium Chemicals in Quebec by the beginning of year 6. And it's also highly subjective of Piedmont even attaining its milestone development timetables as well.

    Remembering per the Sayona Annual Report that :- " The supply agreement is conditional upon Piedmont and Sayona agreeing to a start date for spodumene concentrate deliveries between July 2023 and July 2024, based on the development schedules of both parties."

    I'd also like to stress once again that the suggested ' Arrangement ' is not for Piedmont to act as some Marketing Agent for Sayona spodumene .....else it would have stated that it had the rights under the offtake agreement for Lithium Products to be sold this way. Therefore .....no ' agreed ' delivery date to its North Carolina conversion site .......NO shipped spodumene . Its really as simple as that unless they Change the dates in the ' Subject to ' CONDITION of the proposed arrangement.

    And you don't have to be a ' Messiah ' to work all that out - You just need to be someone who goes about their Investing thinking in a logical manner.

 
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