SYA 2.86% 3.4¢ sayona mining limited

@Batman08"Unfairness" ? It was a commercial decision. The deal...

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    @Batman08
    "Unfairness" ? It was a commercial decision. The deal didn't need to be signed. Both parties thought it was fair enough to sign. If spod price was currently at $400, would you then be calling for a change in deal to be fairer to PLL ? My guess your comment would be something along the lines of "they took a risk and it didn't pay off..."

    Let's say you sold a house for 500k. Maybe because you had to, maybe because you wanted to. Doesn't matter.
    Then let's say property prices went up 50% in 6 months. Would you go knock on the new owners door in an attempt to re-negotiate the contract ? No. because it would be silly, and legally you couldn't do it anyway.

    That ceiling price of $900 stays unless PLL can get a better financial result out of a new deal. And at the moment, they can't, so nothing will happen (remember they have their shareholders and projects to look after also).

    Ps: I hold a lot of my portfolio in SYA. I hold a pittance of PLL. It makes no difference though as I am only commenting on the deal without bias.
    Last edited by jbdave: 21/02/23
 
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