SYA 2.13% 4.8¢ sayona mining limited

All of us are frustrated by the delay in announcing an off take...

  1. 13,277 Posts.
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    All of us are frustrated by the delay in announcing an off take agreement for the remaining 50% of concentrate but perhaps it is for a reason?

    I'm not sure why anyone would be frustrated Mega , it will arrive and like the long awaited Moblan resource upgrade will be forgotten about shortly afterwards in the rush for the next fix.
    If you want avoid unnecessary frustration take no notice of timelines and just let it happen in the time it takes.

    Yes there will be a reason and untill something is signed there is always a possibility of a better arrangement turning up. The only requirement is something needs to be signed before the first shipment which is expected in July

    PLL's first shipment in July would have to go to LG so it would make sense that they took the JV share of concentrate in the same ship and is why I suspect LG may be one of our OTA partners, obviously could only happen if they have the conversion capacity to take it.

    It will be what it will be and its likely the PFS for the carbonate plant will be the next update and for me is much more interesting that the OTA...

    Cheers Whisky


 
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