SYA 12.9% 3.5¢ sayona mining limited

General Discussion Topics, page-118548

  1. 13,528 Posts.
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    troubled management and comms that make it very difficult to forecast future SYA revenue.

    it wouldn't matter who was in charge , establishing financials is something reserved for quarterlies , half year and annual report's not random updates.
    In fact the upcoming Sept quarterly will be limited in its accuracy as payments fall into different quarters , the plant would need to run at nameplate for at least a quarter to get an accurate handle on costs also compounded by how shipments fall between offtakes, you can have more shipments in one quarter than another and for different parties...not to mention that every shipment will be at a different price for unallocated concentrate....in reality you need a year for things to average out.

    Communication is not about quantity of updates but the substance they contain , you can't just create news there needs to be something worthwhile to report. Quarterlies are there as a guarantee you will get updated every three months and most companies operate quarter to quarter with material and regulatory requirements in between sometimes interspersed with Presentations..

    Things will be going on in the background regardless...

    Cheers Whisky
    Last edited by Whisky49: 14/09/23
 
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