SYA 5.56% 3.4¢ sayona mining limited

Yeah maybe ... its a possibility but I could not see FID being...

  1. 10,873 Posts.
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    Yeah maybe ... its a possibility but I could not see FID being taken on that basis and it would not be "bankable" IMO. I know I would not invest on that basis.

    Explain the "If they find that new technologies threaten the model that they have chosen, they prepare to change" ... what becomes of the $555M+ capital invested in the chemical plant ... written off? Shareholder lawsuit waiting to happen for BoD taking plant past FID. The chemical plant is a long term asset ... 20+ to 30 years ... long past current crop of investors and directors. JIMHO


 
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