Ya no problem and thanks. Not my best work with obviously a few spelling word errors and sentence understandings.
But essentially you should be able to get the overall gist of what I'm trying to convey. But no way in my opinion does Tesla make a play for Albemarle. And if they don't go for Albemarle , they even less likely going for us. Like I said previously, more like a Honeywell International making a move on Albemarle and perhaps later on Livent ......then someone like Tesla moving on the lot after that. But that's potentially at least a Play that is 2 to 3 years away if it were to start with Honeywell making the first move now.
So there's always going to be a little ' Armchair ' economist and global events analyst and politics critic in ALL of us. But doesn't mean that in isolation those views are even remotely correct. But one should NEVER dismiss the understanding of the Accounting and Tax treatment for Investors and projects in general which have been designed by Accountants and used by Politicians to draft ' Policy ' around fiscal , economic , and investor stimulus.
And a lot of Investors I've found on HC will criticize mining companies BOD's who typically are comprised by Accountants and Lawyers instead of completely ALL mining and Geological backgrounds.
And that might be true to a certain extent of a small specy mining plays . But certainly when they get to the size of Sayona and beyond , they need these specialized skill sets more and more in order to accompany the broad spectrum of engineering and mining experience on a larger Cap mining company BOD
Because , you wouldn't generally have the business case in the first place if it wasn't for the Financial engineering and Tax experience and knowledge you generally need.
And so consequently , the same applies for Investors in having some broader understanding of how finance is driven by tax and accounting treatments and then how it correlates into more broad economic analysis to stimulate overall investment from the likes of Elon and others.
They want to see that ALL the systems and pieces are in place and working before they would necessarily mount a business case for a TO or fully fund a Lithium Conversion plant for someone else.
They would just do it themselves right ? . And they have ALL the ' in house ' financial and accounting / tax expertise than you could even imagine.....and anything they don't have , they would simply go out and get themselves.
So in a way , they ( Sayona ) needs them more than they need Sayona ......which is why I wanted to clarify some points which should be interpreted and understood.....instead of just pumping ridiculous conjecture that probably won't happen if history is any guide to how Tesla has approached other Lithium supply agreements.
That doesn't mean that I am not super proud of the fact that Sayona has been out the front with its rather assertive if not aggressive project and resource expansion profile. Could they do more - Absolutely. Will they now that the Canadian Federal Budget has literally pave the way for more of this type activity to occur. Again.....Absolutely I would expect them to be ' Collaborating ' and potentially going after more themselves.
Because if they don't .....someone else will . So that is the investment game we are playing here now. And in Australia too. And contrary to those famous words by SCOMO .......this is a ' Race ' now.
In any event , it certainly looks as though my 30 - 31.0 cents or just above is the current key support until further information is forthcoming......with 40.0 cents or marginally above being the DFS target and / or first Moblan news coming in.
Who knows maybe some other ' acquisition ' or JV news with someone else will come in now that the Federal Budget , and assuming that the Sayona accounting and tax consultants have had a good hard look at it and provided some strategy comments. One thing is for sure though I reckon and that is that FIRST Market mover advantage is certainly going to play BOTH a pivotal and vital role going forward from here
Who knows also that the DFS has been slightly delayed so as to incorporate some of these potential project changes that may or may not affect the overall economic outcomes.....like qualifying for LARGE project status tax concessions and / or being a lithium supply chain ' Enhancer or Enabler '. Whatever the case , sometimes the benefits are in the finer details which need to be re-worked in the interest of a new policy framework.
I'm not fussed because whatever the case , Sayona is in a very very strong financial position of size and critical mass in its chosen Domestic Market of Quebec and also the greater CANADA and US markets. Very strong. One would be wise indeed to be closely watching this space from here on in......if they haven't been already.