My opinion is that SYA is going to sell at auction, BMX style, until the offtake agreement with PLL is nullified once Sayona moves into chemical production. It is my suspicions that the low 168,000tpa has something to do with the horrible PLL deal. Sayona wants to sell as little spod as possible until this offtake deal is canned.
Sayona is then going to suddenly ramp up output, and go for a big fat offtake, or spin off Sayona Quebec to finance a hydroxide plant for Sayona Limited.
Not an optimal playing out, but without this offtake, we don't have NAL, our golden goose.
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