General Discussion Topics, page-135480

Warren Buffet and Charlie Munger both have stated in the past when they look at any company's for future investment they first look at Business Model then assess the Corporate Level, ie the board of directors to see if they are capable of returning value to them as shareholders...so if a Company has the qualities they look for from a business perspective but they had bad management they would still invest as they said you can always replace the BOARD or part thereof....so look at how this BoD's have performed in the last 12 to 18months...they cannot even get the Corporate Governance right...if one looks at the past history of those connected with JB/B1 an AB/B2 then its clear none of them are INDEPENDENT of Sayona's Directors....its just a mates club nothing more they are all connected at the hip through various other entity's.

Excerpt taken from Sayona's February announcement

Mr Dow’s qualifications include a Bachelor of Engineering (BEng) Honours, Mining from the University of Queensland.

Mr Dow has been appointed to the Company’s Audit and Risk Committee and Nomination and Remuneration Committee.

Sayona confirms that its Audit and Risk Committee now complies with the requirements of ASX Listing Rule 12.7. Sayona also confirms its Nomination and Remuneration Committee complies with the requirements of ASX Listing Rules 12.8. The Company’s Audit and Risk Committee consists of Philip Lucas (Chair), Allan Buckler and Lucas Dow.

The Nomination and Remuneration Committee also comprises Philip Lucas (Chair), Allan Buckler and Lucas Dow.


How is this possible who on the above committees are INDEPENDENT of the company...what a fkin Sham this is....Corporate Governance my Ahole.