"kinda correct" lol
kinda wrong more like it
when it comes to the legal ownership of things, one should not be blase'.
SYQ does not own Authier as they mis-stated in the OTA.
SYA is the 100% owner with OTA stating feedstock will go to NAL JV from Authier.
If SYA were to hypothetically sell Authier the proceeds I would hope wont be held by the SYQ JV for distribution (25%) to PLL. But rather 100% to SYA and to any shareholders.
Supposedly PLL is helping in negotiations with SYA share of SC6 and offtake expected in next "few weeks" per KP interview.
Update on MoonRockets post:
Upcoming Milestones 2023
- Feb - NAL commence production 28th Feb 23 (Canada) - 7 DAYS TO GO
- Feb/Mar - NAL SYA offtake partner
- April - NAL lithium carbone plant PFS
- May - Moblan drill results (expecting in excess of 60mt)
- May - Moblan PFS
- May - NAL offtake deal announcement (SYA's share)
- July - First shipment in July
- Oct - First quarterly with cashflow (September Quarterly)
- Oct - Moblan DFS
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