@SplitFusion
Correct me if I am wrong but should we not be able to make that decision for ourselves now?
We are the 75% majority holder of NAL and 75% majority holder of the partly built carb plant.
PLL has stuck the knife in our back to save its own skin via selling out of our stock for much needed cash. Whether management see it the same way or not shouldn't matter. They were blindsided by it and the media sprooked "PLL sells all of SYA holding" which reflected badly on our stock! Can management not understand this or are they that tunnel visioned or ball and chained?
What should matter is that SYA does whats best for SYA, but instead continues to try appease a minority JV partner who no longer holds stock!
I foresee a second strike action coming and a complete board wipe as current management simply arent focused on SYA and its future endeavours, they appear to be that incompetent they are just trying to survive the "here and now" which respectfully is pointless if your future has nothing but LoM offtakes at rock bottom prices.
As you have said, I would rather be a glass half full on this one but its hard to be....
Unless this CEO takes some drastic action in SYAs best interest toward carb plant. With or without the approval of the JV partner and in honouring its contractual commitments to Quebec then it could very well be Sayonara for Sayona. I dont care if thats a consolidation and a capital raise to start moving towards carbonate or if he needs to get out there and " sell this pen" so to speak to get a partner on this.
Its necessary for so many reasons already listed by others here.
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