SYA 5.26% 3.6¢ sayona mining limited

Another example, generally you put forward your business case...

  1. 126 Posts.
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    Another example, generally you put forward your business case before asking for funds. This should've been the PFS for Carbonite, 'We've got a good plan with a great ROI, give us money'. The fact is that they've just funded another 10% in equity dilution and we do not have clear stated goals for it's use; ~$150M for the Abitibi studies, infrastructure and 'downstream lithium production options at NAL'. They told us we would have a PFS in March, do you mean they haven't decided downstream direction?

    The fact that we haven't moved for 12 months is testament to the lack of progress that has been made moving downstream. We had first mover advantage, but we're starting to lose that competitive advantage.



 
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