SYA 0.00% 3.1¢ sayona mining limited

General Discussion Topics, page-25141

  1. 2,323 Posts.
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    I know that the acquisition is good, but from a business perspective I am wondering a few things.

    1. SYA have NAL/Authier/Tansim - Does it not make sense to spend the money on NAL and Authier before acquiring new deposits? Even in the financial report they state that it will possibly require a CR.

    2. Is the Moblin acquisition to 'knock out' potential competition?

    3. Is it possible that SYA have made deals with potential customers and realise that they cannot do it with Authier/NAL/Tansim alone?

    Although well and good on the acquisition it has me questioning whether or not the funds could have been used to get operational faster. Curious as to what everyones thoughts are on this. I mean it is a race to get producing, why was it necessary to purchase a deposit when we need to get NAL up and running?
 
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