SYA 0.00% 3.4¢ sayona mining limited

General Discussion Topics, page-113015

  1. 13,592 Posts.
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    You cannot hand on heart suggest that our BOD has/is performing "top shelf".

    I have absolutely no trouble doing that , shareprice performance and Company performance are often treated differently at different times and we saw that when our shareprice went to 36c while producing nothing and now at 13.5c while producing something and having a couple of good recent updates. There are thousands of examples out there.

    The Company is doing a great job IMO, the shareprice does its own thing as they tend to do, the market is multiple times bigger than any company, who have next to no lasting say on the direction of the shareprice at any given point in time. Gereral sector sentiment is weak at the moment and updates are largely ignored unless they are bad.

    The question you really need to ask yourself is what is fair value based on any expectations you may have on profit over the next year and if you think it's undervalued then waiting is the only option, value if it exists eventually gets recognised by the market and often goes beyond if the circumstances are right.

    Fluff announcements won't change much given announcements of substance have done nothing. If you don't know what the companies general intentions are you haven't been reading or listening but they play the long game and that immediately puts them at odds with many on a traders chatsite...

    IMO we were very overvalued at 36c and undervalued now and have topped up a little recently for that very reason , that isn't a guarantee but I wouldn't be doing that if I didn't think management are up to it, their track record says they are more than capable ..

    Cheers Whisky

    Last edited by Whisky49: 12/08/23
 
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