SYA 6.90% 3.1¢ sayona mining limited

Ann: Sayona Advances Authier Approval Process, page-32

  1. 1,722 Posts.
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    Shareholders do have right to express their disappointment in BOD.
    There was no secret that BAPE will take time due to number of locals expressing their opposition to the project, so it does require more work on it.

    What is disappointing, is the fact that SYA did not provide any direction for coming months and hope statement will come soon whether or not they will get their focus on WA, as no one would be happy for directors to sit and draw on little cash left until BAPE decision.

    Yes, it is a long term holding now for many or (depending on entry level) take profit/ loss and move money elsewhere. But that is very personal choice.

    With lithium leaving "hype times", SOI and funds required I can only see investors like myself taking a punt and wait months for BAPE decision or great results from WA.

    One way or other, shareholders would like to know what SYA is planning to do in the next 12/18 months and how they going to finance future developments.
 
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