SYA 2.50% 3.9¢ sayona mining limited

Perhaps he made no mention of an off-take agreement because...

  1. 17,204 Posts.
    lightbulb Created with Sketch. 1053
    Perhaps he made no mention of an off-take agreement because there is none, nor an intention to have one.

    PLS, (arguably the most successful hard lithium rock minée in the world) has not taken on any new OTAs for some time.

    From what I can tell, the new tolling pathway they have chosen, allows them to keep their options open.

    They are just entering a new phase where downstream processing is taking on greater importance.

    SC that would previously been offered for OTA is now being tolled based on lithium hydroxide pricing.

    The link explains how the new arrangement works.

    https://www.tradingview.com/news/marketindex:8844c98b0094b:0-pilbara-minerals-has-new-ways-to-sell-lithium-macquarie-and-cannacord-reaffirm-buys/

    SYAQ may be on the same pathway?
 
watchlist Created with Sketch. Add SYA (ASX) to my watchlist
(20min delay)
Last
3.9¢
Change
-0.001(2.50%)
Mkt cap ! $416.8M
Open High Low Value Volume
4.0¢ 4.1¢ 3.9¢ $480.8K 12.07M

Buyers (Bids)

No. Vol. Price($)
1 921090 4.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 38536 1
View Market Depth
Last trade - 15.59pm 07/06/2024 (20 minute delay) ?
Last
3.9¢
  Change
-0.001 ( 2.50 %)
Open High Low Volume
4.1¢ 4.1¢ 3.9¢ 10045251
Last updated 15.58pm 07/06/2024 ?
SYA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.