I’m not asking what PLL will do - I just want confirmation that it is exactly the way you say it is - should be easy for Sya to confirm.
SYA have mentioned that the JV partners have to agree - there may have been a discussion before PLL realised that they had such a good deal or PLL has to agree now to something that is worse than what they had prior.
My feeling is that they are pushing for the smallest possible carbonate plant (less capex), hence the reduction in carbonate from 30 to 23 ktpa though it could have also been an initial miscalculation. It may also be that nameplate is exceeded as GT posted and those 2 factors could lead to a lot of sc6 left. Is it part of the calculations for the new deal? If Sya confirm that it’s just 25% profits that should stop some of the speculation - as I said easy to do
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