SYA 3.70% 2.8¢ sayona mining limited

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  1. 13,438 Posts.
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    but I think no matter how many great Annś and outlooks we would have released this year, the SP would be the same!!!

    Although we will never know for a fact I concur with that assessment , Bear markets like bull markets take shareprices to extremes in both directions and there is little a company or an individual can do about it. Producers usually get hit the hardest because they have direct connection to prices and profitability, not deposits that are years away from production where speculators like to play.

    its nice to see a voice of reason and rationality in what's becoming a hostile and largely irrational forum that seems to be reaching new lows. Sheep with pitchforks are a dangerous combination..

    Some seem to be stuck in a $6000t FOMO mentallity while we are now in a sub $2000t and falling reality , still good margins but require a different mindset at board and shareholder level. As you say priority is getting what can be controlled operating at peak efficiency and there is little doubt that's what the team in Quebec are doing, that's their job and to date have prove to be very good at it.

    The upcoming quarterly is the first that includes revenue and as such enables more detailed financial information to be released and a new layout which will become a template that can be used to compare against in following quarters as a commercial operator not an explorer..

    Sentiment in the sector is crap at the moment and is not much better in the general market, time to be cautious and be thakfull we're not weighed down with high interest debt...also a good time to make use of the ignore facilities , we should quite capable of making our own decisions and dealing with them, the sharemarket or HC is no place for anyone who isn't....


    Last edited by Whisky49: 30/10/23
 
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