The Ned guy hasnt got the faintest clue about SYA and its current operations.
While the pfs for Carbonate plant is important to SYAs cashflow in the future it will be unobtainable without current ramp up and focus in NAL.
You cannot pay for fitout of Carbonate plant and extensive and aggressive drilling on Moblan and surrounds on hopes and dreams. You need a steady cashflow to help growth.
The plant will not be operational for a few years and anything can happen during that time. Hell, we may have an offtake for some NAL resource and share of Carbonate plant to fund it. We have a lot of doors open atm.
Personally I would like to see Nal operate independently so that all shareholders benefit, including PLL via their shareholding and JV cut.
I am actually hoping we dont get suckered into giving away a % of Nal carb as was done with SC5.4 but understand why it was done initially.
We are in a far better position now and SYA has a lot of cards to play. Lets play the right ones.
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