SYA 6.67% 2.8¢ sayona mining limited

Wait a minute - so PLL helped carry SYA across the line to win...

  1. 2,615 Posts.
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    Wait a minute - so PLL helped carry SYA across the line to win the NAL bid, and a part of that deal was an offtake agreement at prices higher than the then SC6 price (PLL obviously saw upside in this). This was agreed by both companies. Without PLL, SYA has no NAL. Without PLL, SYA wouldn't have experienced just about historic share price increases. Let that sink in.

    Now fast forward a couple of years, now that the SC6 price is in completely unforeseen territory, and PLL are seen as the enemy, for fantastic commercial foresight?

    PLL are planning to live up to the undertakings of the agreement with Quebec and Sayona Quebec regarding NAL refining feasibility studies + operations. They're operating by the book.

    Think about this scenario. You are the CEO of PLL, and are beholden to creating value for your shareholders - would you not pursue both the path of creating maximum value for shareholders while adhering to the undertakings of the Quebec Content Undertakings? Or would you treat your JV partner, who is also a private corporation, like a charity, and gift them the offtake value that you should have been crystalising for your own shareholders?

    There's plenty of emotion in the SYA threads. The best investment advice I've ever heard is to take the emotions out of decision making.
    Last edited by Sharejon: 27/09/22
 
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