Although I agree that the board is part of the problem, and of course the fall in lithium prices, I am convinced that the main issue with SYA (and I hav mentioned this in the past) IS THE OFFTAKE with PLL. Any company that is selling 50% of its production below all in costs is doomed to fail.
Unless they can somehow break or renogotiate that agreement, or somehow reduce production cost by close to 40%, it’s going to be curtains shortly.
The person/s who should be blamed here is the person/s who formulated and approved this one-sided agreement. Absolutely shocking and makes zero commercial sense except maybe desperation.
VOTE NO AGM 2023 RESOLUTION 1-5...... NO, page-1342
-
- There are more pages in this discussion • 329 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SYA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $277.9M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.7¢ | 2.7¢ | $125.0K | 4.642M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 83 | 19159678 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 5620005 | 25 |
View Market Depth
| Last trade - 11.57am 28/08/2024 (20 minute delay) ? |
| SYA (ASX) Chart |