Firstly thank you for your post. I'll address your post in simple bullet point fashion.1.) The many reasons you speak of Moblan have been thoroughly discussed - and some are indeed positive.2.) However based current situation , Moblan would appear to be extremely expensive. I can tell you why in a post at a later time3.) BOD members with literally 10 of millions and sometimes hundreds of millions of shares don't care about loss of wealth when their averages are the same as mine or slightly above. They look at longer term value because they think they will have a job into perpetuity until they do not and the Company fails underneath them. So they can afford to be ' nonchalant ' about matters of short term share price. And they will have been made ' Multi ' millionaires even if the SP drops 50% from its former peaks.4.) Nobody is saying ' We want it now ' as a more generational issue - least of all me who has been doing this business for four decades. All Investors had been wanting is an appropriate , timely , and professional release of information in stead of random internet tweets and published Company comments in the Quebec media . As well as that , they want due attention to the obvious waning share price which had been going almost unattended for weeks now .....and which is alway dangerous when you don't know what is ahead of you in terms of overall market sentiments when they turn. This is irresponsible at best but just comes back to the ' Nonchalant ' fat cats which usually represent Company BOD's ( refer : point 3 above ) .5.) Physical Assets purchased by Companies are only as good as the price paid so long as the price holds and stays above the purchase price - otherwise Accounting standards require that you review these asset values periodically. Sayona seems to have overpaid given the benchmark equity value raised to pay outright for this stake. Financiers and Private equity will take a similar view depending on how long it takes to cement a deal which in this environment the way it's going if the perception of value falls significantly , the cost of capital will increase ( as far as the private sector financing is concerned ) - Not accounting for potential Quebec Government funding which could be large , could be notional , or could be token as well.
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