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3.4¢ sayona mining limited

Whisky,What you are saying here is now making a little more...

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Cleaver1

403 Posts.

47

11/11/23

16:48

Post #: 70847767
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Originally posted by Whisky49: ↑

He is talking to his own shareholders who see things from a different perspective so no real supprise Rylean IMO, he has been doing it for a long time now..its their only revenue and have serious commitments coming up so will be in no hurry to see that revenue reduced if they can delay it, we would do exactly the same if we were in the same situation..

However as a JV they have to make a decision at some point, as operator and largest partner we are not totally powerless and if push comes to a shove there will almost certainly be some provision for arbitration if it ever got to that point.
First step is deciding if it's Carbonate or hydroxide, then its financing and that will likely take some time in this environment. We will have to find somewhere in the region of $A500m and quite possibly more for our share of a Carbonate plant and still have to maintain a strong cash position.

Cheers Whisky

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Whisky,

What you are saying here is now making a little more sense.

"almost certainly be some provision for arbitration"

And this would be my first very small change I would make to the Offtake Agreement....

SYA Price at posting: 8.1¢ Sentiment: Hold Disclosure: Held
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Last 3.4¢		Change -0.001(2.86%)		Mkt cap ! $349.9M

Open	High	Low	Value	Volume
3.5¢	3.6¢	3.4¢	$1.190M	34.12M

Buyers (Bids)

No.	Vol.	Price($)
60	12836986	3.4¢

Sellers (Offers)

Price($)	Vol.	No.
3.5¢	2436426	11

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No.	Vol.	Price($)
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73	20274991	0.033
74	20101279	0.032
33	17004668	0.031
76	14175984	0.030

Price($)	Vol.	No.
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0.036	6677031	17
0.037	4623695	19
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