PLL posters who hold both PLL, SYA (and in some cases A11) are...

PLL posters who hold both PLL, SYA (and in some cases A11) are often the subject of ridicule (or worse) by others largely invested in just SYA.

Paging @arfbarf = you had to know this "page" was coming - I've had "spirited" dialogue with Arf (but at least it has never been spiteful).

This has and continues to be a problem - believing SYA 100% when there has been other statements that don't back it up ....

Follow the chain of posts .... you'll get the drift





and of course since I was tagged into the discussion











And now cue the guidance by SYA




So that really is a big whiff for all those touting 220Ktpa+ ... but why is this problem present ... weren't the upgrades made to get above the 160Ktpy. This is why I press hard sometimes ....

I wont state the obvious wrt to the OTA tonnages.

The pain for all is the price of SC ... spot at SMM for SC6 CIF at US$2,130 and still iin downtrend. One has to think below $2,000 and more likely below $1,800 is on the cards for SC5.4 ... going to be very interesting to hear KP's commentary on the earnings call. Maybe our gross margin is ~$1,000/t and EBITDA (from this project) being generated is ~$100M at this price ... still have to rip out corp o/head etc to get to company level and now its a question of mutiples since lithium seems to be "on the nose" at the moment.

A time for caution??? or fortune favors the brave???