SYA 5.26% 3.6¢ sayona mining limited

I am new to this forum, but I have enjoyed reading interesting...

  1. 30 Posts.
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    I am new to this forum, but I have enjoyed reading interesting things over the last few months. Can someone explain how Sayona management come about to agreeing such a lopsided deal with Piedmont? Accepting Sayona got downside protection with a floor of $500/ton, but agreeing to a ceiling of $900/ton with no attempt to share the upside of a potential price swing beyond $900 sounds rather naive. Does anyone feel the same way I feel that Piedmont took Sayona to the cleaners.
 
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