i want a board and CEO to fight to Sayona shareholders.
So do I and there is absolutely no evidence that they aren't, just speculation on HC based largely on rumour, innuendo and bitterness. They are shareholders themselves.
I don't critisize or praise the current BOD but do suppert the current team to see us through the issues that matter at the moment purely because i doubt there is anyone more qualified.
Raising cash to give the company a fighting chance to get through this period is all about fighting for shareholders, we would be in C&M now at best without it and that wouldn't help any shareholders including the BOD.
At $US8000t anyone can make money, at $US900t ( an estimate of what we would be getting if shipping today) and ramping up very few can, but at least we are in production with a chance to benefit from higher prices...some of the current BOD helped enable that.
The first responsibility of any BOD is maintaining a strong balance sheet and avoid insolvency, not chasing dreams.
JB stepped in after BL left suddenly ( it was that or have no CEO/MD) and I doubt he had any particular desire to do so and I also have no doubt he will step aside for a new CEO as stated, we will see, but the last thing needed at the moment is change for the sake of change IMO.
I don't Promote a merger with PLL but will and have floated the possibility and believe it has some merit, what I think has no more impact on proceedings than what you think.
Cheers Whisky
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