In fact, all deals can be changed depending on your approach and proposal
Yes but both parties have to agree, I'm sure if you were the CEO of PPL you would have said to your shareholders this deal favours us as a result of a spectacular rise in the price of concentrate but let's be kind to SYA and change the terms and give up an unexpected windfall.. Yeah right .. Keith is not Batman and will have the interests of his shareholder as a priority..
Like myself you don't have a clue as to what actually has been discussed between the two parties but at a guess a proposal would be PLL gets 2 or 3 years of bonus income and the JV gets a Carbonate plant ASAP , at that point things favour us considerably having a 75% share of the JV...you scratch my back and I'll scratch yours and we'll both do very well...
If PLL want more access to Spod beyond what the Carbonate plant uses then they need to have us agree to produce more, their current OTA's stop once the carbonate plant is up and running and they only have rights to anything above what the plant uses and that won't be at $900/t ...
Keith will be well aware they have been very lucky with timing but I doubt he will push his luck too far ...
Cheers Whisky
General Discussion Topics, page-97620
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