Ann: Notice of Extraordinary General Meeting/Proxy Form, page-90

remember with Altura, shareholders lost out but the directors still got paid handsomely through the sale of the company.

i said it about 18 months ago, i don’t think BL has the intention of seeing this all the way through, he is looking to package it up and sell it.

it’s easier to sell a publicly listed company when the market cap is low.

in a full takeover, the SOI doesn’t matter.

dilution with no debt helps suppress the market cap whilst making the financials of the company more attractive.

if you count how much money was invested personally by the directors to start SYA and how much they would make if it was sold today, compared to their salary, it’s a no brainer. They could sell and start another mine or just retire and chill out for the rest of their days.

either way, let’s all vote no! We have to do what we can to show we don’t stand for the piss poor performance this year.

now, if all the milestones that were planned, had been announced by now, and us shareholders enjoyed the share price growth, then great, i’d vote yes.

but lets be honest, H1 FY 22-23 has been piss poor.