SYA 2.86% 3.4¢ sayona mining limited

AGM 2024, Second Strike and Board Spill., page-211

  1. 3,374 Posts.
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    a wise man once told me the thing about "potential" is that you haven't actually achieved anything yet.

    it's the same for drill results - you can bang on all you like about whats in the ground but you've gotta get it out and right now SYA don't have the money for that, so it is all hypothetical so the significance of the results are largely moot and therefore not that significant at all given they are producing at a loss right now.

    but yeah, just because you're paranoid doesn't mean nobody is out to get you.

    as for the results - more than 40% of a company don't want you running the company for them. given that the threshhold for a "strike" is 25% you have to acknowledge that it's not a ringing endorsement. simple fact is 40% of the shareholders don't trust him with their money.
 
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