SYA 5.88% 3.2¢ sayona mining limited

General Discussion Topics, page-95599

  1. 921 Posts.
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    Yes, I was going to say the same, in this particular scenario I agree if not say Albermarle I would feel Rio is the obvious candidate for this and as we know Rio are somehow somewhere involved in all this, how obviously is all as yet unknown.

    Rio buying out SOQUEM's 40% stake at Moblan would be very sensible move and way for them to enter into a major lithium project in a jurisdiction they already have major presence in and allow for the Canadian Government to profit from shoring up the resource and selling to a stable capable multinational mining corporation. Imagine what that would do for Sayona to have a majority partnership with Rio on Moblan and the funding that would bring for mine and refinery capex etc.

    My only concern in that hypothetical scenario is Rio's absolutely terrible environmental track record. Sayona and the Canadian government take ESG requirements very seriously and it's something that sets us apart from the rest of the pack imo.





 
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