Just to be clearHaving 185 million shares of Sayona is NOT the same as having $50 million cash. Sayona shares are not coin of the realm, any realm. It is nice to see their share price increasing as that might someday allow Troilus to cash out, partially or fully.
I suspect that Sayona's price is rising because the proverbial moment of truth approacheth. The lithium plant is going to start up p.d.q. This will be interesting. You may or may not recall that the previous owner went bankrupt here at Canada Lithium. As I recall, try as they might, Canada Lithium was never able to produce high quality lithium. I believe all their product went to the glass or ceramic market. Anyway, I wish Sayona well. I haven't followed their story but I would hope they have a different plan of attack than the old crew.