SYA 2.86% 3.4¢ sayona mining limited

I must admit like many I was surprised to see a CR at this...

  1. 1,326 Posts.
    lightbulb Created with Sketch. 254
    I must admit like many I was surprised to see a CR at this time.
    We all mentioned how there's tens of millions in the bank, a 200m line of credit, a 50mill cap raise that just went through and income on its way from production sales.
    And then they want another 200 m.
    I get that its free money and it doesnt need to be paid back.
    i also think, like others have alluded to, that something big is on the horizon.
    Unlike a few here who are calling for the BODs dismissal, I think BL is a pretty savvy operator (he got us this far), and i believe the plans will unfold over the next 2 months.

    And the last time we had a CR where the SP plummeted, i bought a trading parcel of shares which ultimately paid for most of the family holiday. Just sayin but DYOR
    Last edited by jbdave: 30/05/23
 
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