Do you now. You hate how its (shorting) been used to bash SYA ... but you're happy (?) to hear one bloke's opinion (albeit one with a Uni Degree ... I guess I should also add with a Masters in Arts from Harvard as well .... FWIW) to be interviewed, declare he is short and proceed to throw shite - but not at SYA - but rather at their JV partner
You do realize this cause for celebration is actually old news @UndR8ed Cat and @Megafauna ... Will Thomson of Massif Capital has been pedalling this story since Q4/23 and publish his company's (he co-founded Massif I believe) newsletter. This letter was published in February 2024 and you can read it here if you like.
https://www.massifcap.com/s/Massif-Capital-Q4-2023-w8bn.pdf
They did not have a great year in 2023 (poor things). Quite a few "excuses" rolled out for their performance in 2023
The MoM interview wrt PLL shorting is mostly "color" on what WT said in the newsletter ... which for those in the TLR camp is
and on and on it does go.
So William backs the jockey and thinks the "B" team is in charge over at PLL (you know, no mining experience and all) .... wonder what he would say about SYA with all that mining experience going for them... hmmm?
And funny thing ... TSLA and LG Chem didn't seem to mind partnering with PLL? You sure about the "it seems no one likes Keefy" comment Cat?
So let me get this straight ... shorts are scum when they short SYA but are to be celebrated when they short PLL? And just like the BlueOrca short report, shorts just toss out some shite and hope some sticks. They're short - of course its not going to be complimentary and laced with innuendo. I guess its call a pit for a reason.
And as is typical, the announced target of "Sayona expects to complete the review by the end of the first quarter of calendar 2024" has been missed. I'm in total agreement with Split in that there is a professional expectation by those conducting the review to alert mgmt (up and down the chain) if an "expected target date" is not going to be met. There is also a market expectation (and a listing rule of continuous disclosure) that a BoD updates the market on such things ... i.e. announce what the revised expected completion date is PRIOR to failing to meet that date. Even a "B" team could do that I think.
Much more interested in what say Reg Spencer had to say than Will Thomson
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