SYA 0.00% 2.7¢ sayona mining limited

General Discussion Topics, page-59112

  1. 702 Posts.
    lightbulb Created with Sketch. 234
    Well that is your view as PLL shareholder.
    The ASX annoncement from SYA from 21.1.21 reads different as you know:

    " Binding offtakeagreement for acquisition of up to 60,000 tonnes per annum (tpa) of spodumeneconcentrate from Sayona Québec to supply Piedmont Lithium Project in NorthCarolina


    Piedmont has also agreed a binding offtake arrangement under which it will acquire up to 60,000 tpa of spodumene concentrate or 50% of Sayona Québec’s production, whichever is greater (“Supply Agreement”). The Supply Agreement is for Sayona Québec’s life‐of‐mine operations and is based on market pricing with a minimum price of US$500/t and maximum price of US$900/t on a delivered basis to Piedmont’s planned lithium hydroxide plant in North Carolina.



    The Supply Agreement is conditional upon Piedmont and Sayona agreeing to a start date for spodumene concentrate deliveries between July 2023 and July 2024, based on the development schedules of both parties."


    SYA's BOD never revoked this passage of the agreement.
    So it is obvious that there is a need for clarification on this as well




 
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