SYA 3.13% 3.1¢ sayona mining limited

yeh well we all know this given are valuation. The broader...

  1. 3,113 Posts.
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    yeh well we all know this given are valuation. The broader market basically see us as a ball and chain to PLL nothing more. No ability to progress any carb or hydro without PLL, no ability to secure OTA without PLL input. No ability to make astute decisions in best interest of the shareholders and as majority controller of NAL jv. No ability to maintain nameplate as the aim and just achieve pfs based figures. The fact they have just missed a “targeted” cost review of its own NAL operation screams incompetence and to be honest it doesnt even need to go to PLL. It has no relevance to them. If they wanna do a strategic review of NAL they should do their own for their shareholders. That simple really our review should be done for our JV holding after all the review focused on maximising output etc is different from a cost review done under PLL who get the first 50% regardless. So from that point there would be a clear difference between the focus of each and what needs to be achieved.

    But all this aside, it doesnt matter whether your late by 1 day or 1 month. An yes we are aware it was a timeframe that was “expected”. But its that basic…. Its data they should have full access to and its simply putting it into report format and assessing the best process moving forward ie including what price a C&M call would need to be made with as least impact as possible to shareholders.

    It is frustrating split I to feel this. An from that end will be giving them a second strike regardless of what is ahead in terms of Li pricing and share price. Their current record should scream this to you as a shareholder. But anyway wont get into insults. A foot up the bum and out you go is all I want for this mob at this stage. They are firmly beyond insults at this point, that and it doesnt achieve anything.




    Last edited by Kevo88: 28/03/24
 
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