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3.7¢ sayona mining limited

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Yk84

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05/03/24

11:46

Post #: 72748764
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Originally posted by Norbeto: ↑

Yeah apologies for my lack of clarity, assumed most would understand half is already under OTA. I was talking about the other 50% of spodumene and possibly a tie up with the Carbonate side of NAL.

I'm more and more inclined to think LG chem will take the remaining 50% in a deal with NAL (JV) linked to carbonate for the future.

Although an unpopular opinion around here, Piedmont has positioned itself strategically with NAL and its offtakes. Talks of Piedmont going under are IMO not possible without Sayona also going under... its only feasible considering their 50/50 (or less, whatever way you want to look at it) economic benefit from NAL. So essentially what I'm getting at is I don't think LG would invest their money and efforts into Piedmont thinking it might fail because if it does, Sayona too probably goes under and then you lose the operator of the facility in which you have a longish term contract under.. so it's in LG (and Tesla's) best interest to keep NAL and intrinsically, PLL and SYA alive.

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Can you please elaborate as to how if PLL goes down will affect SYA?
The two have a JV.
If one fails are any legal obligations that the other has to cover its losses?
If not than there is no obligation.
Please enlighten us all....haha

SYA Price at posting: 4.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.7¢		Change -0.002(5.13%)		Mkt cap ! $380.8M

Open	High	Low	Value	Volume
3.9¢	4.0¢	3.7¢	$1.685M	44.18M

Buyers (Bids)

No.	Vol.	Price($)
33	4223443	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	804995	6

View Market Depth

No.	Vol.	Price($)
33	4223443	0.037
41	9477887	0.036
71	12883304	0.035
27	4212535	0.034
37	13681535	0.033

Price($)	Vol.	No.
0.038	804995	6
0.039	4618077	16
0.040	2396835	27
0.041	4443480	24
0.042	4286681	18

Last trade - 16.10pm 11/06/2024 (20 minute delay)


Last 3.7¢			Change -0.002 ( 5.13 %)
Open	High		Low	Volume
4.0¢	4.0¢		3.7¢	19298052
Last updated 15.59pm 11/06/2024 ?

SYA (ASX) Chart