@LStruthers in reply to : 'Right now were valued at a 2.2b...

@LStruthers in reply to :
'Right now were valued at a 2.2b market cap discounted by 50% for the 50% OTA with PLL, id assume if the OTA gets deleted anyone would be silly to sell below 20c.'


To clarify if the Piedmont OTA was 'deleted' (which to clarify I doubt it will be to be fair as it is a binding deal..) over the next 3 years, I think anyone would be silly to sell for anything less than 40c personally!!

In that hypothetical scenario we would then be selling at least the full 226ktpa production of NAL at market pricing therefore generating around $1B AUD revenue, of which 75% would attributable to Sayona after distribution from the joint Venture. With $750m revenue per annum just from NAL I think it's safe to say we'd have the funds to develop Moblan just with free cash flow over 3 years (remember the applicable Canadian tax credits) and we'd be worth a darn sight more than $2B MC (20c)....

But we DO have the PLL offtake (which will de-prioritise upon downstream production anyway) so for now I personally think given current lithium pricing around a $3B MC (30c) is fair for Sayona imo, which should increase once downstream and Moblan (our future growth prospects) are proved up with DFS and FID etc.

Just my opinion, I am still very positive on Sayona's future with the right vision and leadership; within 3 years I see us as at least a $5-6B MC easily based on what we have with current prices and how the majority of economic benefit returns to us with time. If lithium pricing increases again then I see us being worth a fair bit more again in that timeframe personally.