Make no mistake people........we are at war.
The whole lithium industry is under attack. On one side we have the Chinese dictating a downward spiral price narrative to suit their agenda.
The constant low demand for Cathodes......high inventory lithium stockpiled yada yada yada.
Slowing economy, car sales are always reported down yet EV sales are up simply because they are taking sales away from ICE vehicles.
Then on the other side we have the Corporate Banking Institutions of America and Investment firms seeing(no knowing) the huge potential in the EV transition
to make large sums of money. Wont name them but we know them well. They all have large amounts of dollars invested in just about every Lithium miner around the world.
And they don't like to pay the going rate for shares either and they want more............ from you, easy to do, just put out bullshite notes every few months down ramping the whole industry lowballing the worth of most mining stocks emphasizing the lithium over supple and price crash coming meanwhile the shorter's are having a field day on the Aussie stock market as the ASX is easily manipulated and penny stocks with a large retail base are easy targets for them, all you need is some very good intell, a little luck and a whole lot of negativity cast over it. In America shorting penny stocks is banned so they look elsewhere, and they have found their Meca here in Oz.
A little doubt or fear cast can manipulate many millions of shares their way from impatient holders.
This is a war of attrition. Its almost last man standing wins stuff.
We have been knocked from pillar to post as Sayona share holders and it's been very tough at times to not throw in the towel, take your lumps and move on so to speak.
All we seem to get is either bad news or no news.
All I can say is this negativity will pass as EVs transition farther and stronger and in years to come we will triumph but its going to take time.
Some of us have that luxury and some of us don't.
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