I say this on principal alone. Peoples postings of yesterday, I never read before my recent posts on sour grapes. So happy to see there are so many investeds in such solid agreement, thinking independently! Truly a good sign. Nal is a disruptive force, and more so acknowledged, with every sour grape.
To discern the difference of value between Pdmt and Sayona, what does a 25 % partnering mean to Pdmt. Simple. They give stock or cash or something valuable, in exchange for partnership. Pdmt gave cash for fut explorations and start up of whatever, by Sayona.
So pdmt owns 25 % of whatever Say comes up with so to speak, in explor, processing, etc, so Pdmt made out like a bandit , as they gave cash. If thats too simple , someone correct me. Sayona went Straight into auss gold explor on their land ,w recent Piedmt dollars, and i would think processing of legal fees on Nal( as is partner Pdmt I am sure).as I understand.
But this is strategic as Sayona held 75% of whatever they come y up with, very substantial for a geolog team w such talent , and gold land , cherry picked all around De Grey in Auss, and around the Abitibi, for sure lith, (a vastly unexplored, Canadas world class , mineral rich area near quebec. )
Piedmont stands to do great as they are hand picked thru Teslas selection process so good for any other company to also select Pdmt supply line. Now:
Say is small disruptive force and would have been disr to Pdmt if not just a competitor w talent. Jus remember Say is owner of 75% and cheeeeeeaaaaapppp, even if price were more ( which many speculate soon).Inst buyers have been presenting with big boy dollars. I dont know what else to say.
I did not get in early on Pdmt, but am very happy to wait , while what Piedmt paid ggood $$ for, develops further! Very contented. Should have bot more but what I bot was before NAL proposition. My opinion. Good question for all to consider, Sampson One. Glta!
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