Well summarised Zenzen. The share price may or may not be...

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03/07/18

15:53

Post #: 34111464
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Originally posted by Zenzen ↑

In the recent CR, the Directors spent big on buying more shares - I think Alan Buckler spent $100K from his own pocket for one. Now, either he has a lot of money to throw away, or they are supremely confident that the project will proceed despite this kind of event. And they are obviously keenly aware of what is going on with the company, the stakeholders etc, etc.

That is not to defend them though, as what annoys me the most here is the timing of events here: take care of the CR first, then once that is complete, announcement that the DFS is delayed, and now this.

They are rightly being punished for it by the market now. Conversely though, now so are we, and as a holder, that sh*ts me. I'm not happy.

I think the locals have every right to be concerned about their environment, and Canadians are well known to value the beauty of their natural environment, as they should. What matters now is the quality and care of their response to the situation - something that has obviously failed to satisfy regional stakeholders to date.

Attend to it, get it done, and do it right.

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Well summarised Zenzen. The share price may or may not be aligning with the fundamental value . As we know investors fear the unknown and this may be accentuated in the speccy end of the market . The SP is now at early November 2017 levels , so as a comparison what do we know about reserves etc ( all factors that affect current and future values ) that we didn't know then . Where is the price of Lithium now compared to then , what is forecast price ( yes someone should blow Morgan Stanley up ) The reason I bring this up is that these comparisons can be of value to put some perspective in to the current situation.

SYA Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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