General Discussion Topics, page-36522

you did not mention 2 years the person who said $3.50 did, and you missed what he said.
If you are not even going to read what someone says I have no hope that you will ever do enough analysis to figure out what Sayona is capable of.


You also are calling for 30% dilution, on what basis are you calling for this scale of dilution? That would be around $300m you believe they will need to raise. I know they company has never ever mentioned a number like this, so where are you pulling it from ?

I suppose if you assume that Sayona is just like PLS, and never converts their own spod into hydroxide / carbonate then you would probably get to the conclusion you have. However that is not what the strategy here is. We already have the facilities to convert spod to hydroxide on site at NAL and will make a decision in Q1 on which product it will produce.They have stated a number between 47m and 63m to make those upgrades We are almost certainly in conversations on a 2nd facility where we would be a % owner.

Companies that are producing even small quantities of hydroxide are trading above $10B. Livent only produced 16,000 tons last year and has a market cap of $4 billion. Combined Sayona plans to produce 60,000 tpa nearly 4x that of Livent, and when they hiit their 2027 targets they will be close to 100,000 tpa.... these are world class numbers, so if you have no clue about what is going on please read up and get your story straight.