Everything gets down to one event and that is the opening of the NAL carbonate facility.
Until that day arrives, SYA is working for PLL.
If PLL has the power to block that re-opening, then we have a major problem.
Proving up the resource is good but it doesn't address our major issue .
There is one other option. Spod may drop to $1200 per tonne, that gives PLL a miserable $300 per tonne margin. That margin is not enough for them to survive, let alone meet their Atlantic obligations.
One of these two companies will likely fail. Who? Well that's for the punters to debate.
Everything gets down to one event and that is the opening of the...
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