Whatever you wish to think , it is still a significant ' Concentration ' of private client , broker , and / or private equity power potentially exerting its influence and backing of PLL's Lithium ambitions - vis a vis with Tesla behind them in supportAnd after all , and in-accordance with Bank of New York Mellon Corporation latest US securities filings , they also had a parcel of 3,298,657 shares of Tesla Motors, Inc. (US:TSLA). Now while there holding amounts to .34 of a percent of the total Tesla shares outstanding , it would appear it is no less significant when they were last valued at $1,415,156,000 USD as of 2020-09-30. And that's $1,837,864,935 Aussie folks ....or approximately 12.2% of the entire Australian GDP if I've done my rough math correctly......
Bank of New York Mellon Corp had previous 13F-HR notice less than 1 month earlier on 2020-08-12 disclosed a holding of 684,105 shares of Tesla Motors Inc., with a value of $738,704,000 USD. This represents a change in shares of 382.19 percent and a change in value of 91.57 percent during the September Quarter 2020
.So I would say that these common connections are no coincidence and very meaningful as to the likely success of Sayona in terms of the Myriad of potential funding options available. So it opens many doors.....![]()
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