I have a suggestion for all of you on here, if you don't have the stomach or staying power for this please sell up take your tax losses and leave the rest of us in peace.
If you believe this is the same as Altura , time you learnt how to read. My personal belief on Altura was that it was the punitive interest rates on their loan package that caused their demise in a bad market . I personally sold out when I read the interest rates terms and conditions that they could and did become liable for.
This situation as you should well know does not apply to Sayona, in fact I believe that the most recent CR which was not really needed was due in part to the board having fears of a possible short term cash/liquidity situation should the markets turn against us, thus providing an insurance/sustaining provision ,which could prove a very prudent measure by the board.
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