SYA 2.94% 3.3¢ sayona mining limited

General Discussion Topics, page-79103

  1. 120 Posts.
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    I agree to a certain extent with a lot of what you've said.

    The main thing a lot of people seem to skip over, even you to a limited extent, is that in running a business and outsourcing work to other companies like the web development company, especially over the last few years of utter turmoil in half the world's industries, you can receive all the promises of quality and timeliness in the world from those companies you're relying on, trust them to deliver, and then reach a point where it becomes clear they're talking out their ass when you've already invested too much time or money to go find someone else to do it without putting yourself further behind.
    I've had it happen with a number of trailer builds done by "professionals", work from various mechanics, engineers etc that had good reputations but have their own issues to work through or just straight up skate by on a better reputation than their quality of work justifies.
    I think in a LOT of these cases Sayona is being blamed for other companies failures because those other companies aren't the ones we own, and Sayona just sort of have to deal with some of their shareholders displeasure and try to regain that confidence with stellar performance in their own areas of expertise, IE killer acquisitions to improve resource base and potential future value.

    That segways nicely into the stuff ups a this is where i mostly agree with you. There have been a fair few problems Sayona and their key managers could definitely have avoided.
    I'll say again though I anticipate that they have heard us loud and clear, and that avoiding further stuff-ups is likely one of the most significant reasons for the percieved delays in announcements their holders are getting upset about. If they put out the announcement that "all our spod is going here" only to hit a hitch in the closing of those deals and have to re-submit those announcements with further fixes I feel like everyone that's upset would be more so than had they waited an extra week or two for it to be scribed in stone because on top of delays due to causes potentially beyond Sayona's control that are percieved as entirely their fault they'd ALSO have actually messed up themselves and really doubled down.

    My main point is that i'm certain the BOD's to-do lists are an absolute nightmare and that lots of stuff they would LOVE to be doing to keep us ALL happy is just having to be set aside for the time being because they're too busy closing the deals that are required to put out those announcements before the AGM and before end of year, and missing or having to re-announce those would be more of a blow to confidence than a little bit more waiting would.

    The last 2 years for any staff and resource-intensive business and it's management teams have been heavy as hell and maybe I'm more empathetic to the tribulations of that position than many here are, but the reality is they have been VERY professional in most cases as the world fell apart in some respects, have delivered on ALMOST all the promises they actually made and are evidently (in my mind) working to avoid repeats of their failures which unfortunately is being perceived as further failure.

    All of this is opinion of course, and I appreciate the well-delivered feedback and I hope you and everyone else's concerns are laid to rest tomorrow.

    Good luck all!
 
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