SYA 4.69% 3.4¢ sayona mining limited

General Discussion Topics, page-127966

  1. 3,219 Posts.
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    @UndR8ed Cat

    We are definitely not going into C & M as that would be the worst thing to do at a time when NAL is striving to get to nameplate. Even assuming worse case scenario where we run out of the $200 CR, PLL fails to pay us, and the price of spod stays underwater indefinitely, we still have the $200m ATM available, of which approximately $190m is still available against declining production costs. On top of all that, the Quebec government will not allow this to happen. They will step in.

    Yet it would do Sayona a lot of good to put out an ann that simply advises the market that NAL will not cease operations. I know of one T20 holder who personally took it up with the bod and up to this point, they have ignored him. It's part of the bigger problem they have which is understanding what it means to run a public company. Transparency and accountability are the cornerstones of a well-run public company, and the bod, including JB, are completely oblivious to this.

    How clueless is JB when it comes to addressing shareholder concerns? At the AGM he spoke as if he were speaking to a vocational classroom full of kids.

    Absolutely terrible engagement and presentation skills.

    Which is why we, shareholders, have to continue to hold him, and their (bod) feet to the fire, and hold them accountable. Keep breathing down their necks, keep pestering them. Let them know we aren't going anywhere.
    Last edited by arfbarf: 11/01/24
 
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