General Discussion Topics, page-53910

I think your are on the money with regard to point 3. I suspect there will be an announcement with a large financing body that takes up share capital or equally a large car maker, that takes an equity stake as well as an annual sales agreement. All the talk was about a DFS and we get a PFS on extremely conservative numbers.

The only reason can be that there are already wheels in motion for someone to buy in at a set price. The way things are going in qubec SYA management would be foolish not be looking at hydroxide financing.. $500million dollars @23.5 cent would equate to 2.1 billion additional shares (too dilutive) probably more like 60:40 equity to debt so this would be 2.1*.60= 1.26B shares issued or 17% of share capital raising $300m and $200M debt at say 6%=$500m. The 17% would give them the ability to sit on the Board but not influence the board, so effectively an associate of SYA. This would o probably need approval by other major shareholders, and as we know we are close to the Americans, who are in turn close the Koreans, and the recent trip emphasises this.

Off takes, institutional investment and/or Korean terms being agreed IMO. Moblan on route also - stay in not out IMO