Cheers @Norbeto....an l agree things can always turn very quickly...although very unlikely at this time given the market conditions and China's stranglehold on critical minerals, the big players are pulling up stumps because pricing of Lithium is becoming a very real challenge even for them and in comparison we are minnows but continue to burn our cash reserves and lose money on every tonne produced it just doesn't make smart business sense to keep that going in this current environment an imho its actually a real dumb move by a company's board who have shown they cannot make the correct decisions to save capital in this downturn cycle that inevitably will put us in a position that a CR will be a no brainer and C&M a real possibility an all this after burning through the cash reserves...there have been posters who have said we should already be in C&M like many of the bigger fish have done....so is it through incompetence that we will end up in the sewers like Altura did...everything this board has done thus far is saying this is headed in the same direction...albeit a takeover might come first.
An thats probably were we differ i dont except mediocrity from suppossedly professional excecutives that l am paying as a Owner/Shareholder whilst you are prepared to allow mediocrity and bad decisions by what l consider to be a board of directors of Sayona who are deviod of the required business acumen to take this to the next level...once the Sesame Street Gang is dismantled and we have those required Professional's installed to take this to the next level then all l see coming is further dilution to holders that of course will be after a Consolidation just like they have done with 1MC and how are they going again....yes mediocrity is worth every cent isn't it...in some peoples minds that is.
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26 | 9173972 | 0.025 |
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Price($) | Vol. | No. |
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