@matt_fernley Market at ath’s, lith pumping,
Lucas is playing a smart and safer game - as much as it sucks for holders to cop that sudden -10% raise, it is far more important for holders to see the Canadian govt investment hand throw strong backing into $ELV.
@ChuckChunder007 Enjoying the Lucas Dow reign of $elv way more than the initial crew. Getting far more interest from the big boys - im not surprise if this turns out 2x oversubscribed dude
Still was not expecting this after they sold Ewooya for 100m tho, who knows when that moola actually lands
@asxpeasant Listed Nasdaq but it’s all messy atm,ASX hasn’t converted it to Elevra as of yet.
They will continue to supply Tesla and LG as Elevra.
Hand in a lot of pies - Increase output in NAL, has 50% offtake in Atlantic, 100Mt at Moblan. It’s like the best (and worst)of SYA PLL together
@asxpeasant 2/2 PLL had an offtake for 50% of SYA spod for cheap.(deal in obtaining the mine)This was unsustainable-in turn, shaken hands and formed new company ELEVRA $SYADB. SOI reduced to peanuts- for what is still the same producer in NA. If spodumene rises it’s a good pick imo, survivor
@asxpeasant 1/2 So $SYA and $PLL were ‘working’ together when they were individual stocks, they used to individually be valued 1->3b MC each.
Timing of their production start was rough with Spod prices crashingg and they were a high cost n.a. producer leading to raise -> raise for survival
@usuallyYJLee It’s a shame that spod has to be in the up part of its cycle for SYA potential to be recognised.
Comes with its higher cost, rightfully so.
Geographically supreme is definitely pricy but Add in 50% offtake via Atlantic-Ghanaian lithium and you’ve got the best of both worlds.
@usuallyYJLee@HookedOnLithium Very different assets in the same commodity yes.
SYA needs time to sort its costs - which, in such a swinging commodity is very risky. However if spod price shoots up above $1k there’s no reason why it can’t make great coin.
On top of being one of the only players with 0 debt
@asxpeasant Sometimes it just seems to obvious - is the market really that childish that modern war +AI & drones = DRO (the most absolutely obvious drone/AI stock in its name itself) going bonkers?
…sometimes it really, really is that simple.
@mondyinvest Was actually surprised by the lack of negative comments since the followup announcements.
Worst part is I honestly think a merger is the best thing they could do (aka the only/last thing) with the Li price in the toilet
It won’t have a problem moving if Li price recovers.
@BLSHigh Best outcome possible for $SYA holders truly.. PLLs profits were not as grand as they could have been with that glorious offtake. Cometh the Li price crunch, cometh the diabolical merger
@CarlCapolingua Nah great that your teachings and online scam course follow the likes of Andrew Tate and co.
NOUGH NOUGH RUBBISH
What are you 4’1 in Italian boots?
@asxmoneymaker Costs to $700-$800 usd could be game changing for $SYA
But until it happens, all talk. And one of the most roughly priced producers atm.. deservedly so.