General Discussion Topics, page-58539

Relative to say CXO or LKE or LTR, SYA is nearer to production. However, the others have been more successful in securing off takers while its pretty quiet for SYA, even with location and hydro advantages. Securing money from off takers for the rest of the production and other needs could have been more positive in terms of value add to shareholders as compared to diluting the shares and contributing to the billion wipeout from the mc.

Therefore, one wonders, what is the difficulty SYA is facing in securing offtakers all these while? Doing CR at 50% down from the peak and waiting for the spot prices to plummet before securing offtakers ? Depending on PLL to do promotion for SYA? I think SYA could be more aggressive in pursuing value add for shareholders instead of looking rather passive. Good/high potential resources must come with superior management. IMO.