General Discussion Topics, page-142055

During the operational review Sayona assessed opportunities to optimise production, reducecosts, preserve optionality and maximise value for shareholders. In continuing production, theJV partners noted that several nearly complete capital initiatives will enhance operational rampupand achievement of steady state production at NAL in 2024.Sayona’s Interim CEO, James Brown said: “The NAL operational review was a critical exercise toensure we are optimising our resources and positioning Sayona for long-term success.Importantly, there is clear line of sight towards achieving steady state production in 2024, whileNAL will further benefit from capital improvements such as the Crushed Ore Dome. Process plantrecoveries have exceeded expectations, a significant milestone in any ramp-up, with multiple newdaily production records achieved in March.“Throughout this process, a key consideration was the direct impact on our dedicated workforceand host communities. This review has also validated our approach to continue to assess capitalimprovement initiatives that will increase production or lower unit operating costs.“Looking forward, we will regularly evaluate NAL operations in the ordinary course of businessbased on prevailing market conditions and the ability to achieve our operating cost targets. Weare confident that this approach to considering alternatives and maintaining optionality will enableSayona to maximise value for shareholders ahead of an anticipated recovery in the lithium market.

They seem to be doing the exact opposite of everything they have stated LOL.
Maximise value for shareholders, a tanking shareprice.
Long term success, perhaps some shorter term survival instincts needs to start kicking in....
Re-evaluating if continued ramp up was a good idea? Na she'll be right mate, let the hose of shareholder funds flow!
Aniticpated recovery in the lithium market? When is this JB later this year or 2034?

I feel sorry for LD who is looking likely to be well positioned as the scape goat.