SYA 8.33% 2.6¢ sayona mining limited

Well said Paddy, SYA began its ramp up during a price collapse...

  1. 13,459 Posts.
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    Well said Paddy, SYA began its ramp up during a price collapse and the only reason we're not in C&M already is because of that fiscal prudence and a total focus on reducing costs and even that may not be enough with the ongoing collapse.
    Good management is as much, if not more, about basics such as surving tough times as it is about persuing a grand growth strategy, especially as a start up.

    We have some posters who simply paid too much or took on too much risk and will blame anyone but themselves for their own lack of management. We all get it wrong on occasions and its now a matter of sitting it out or selllng , dwelling on what might have beens doesn't change anything.

    The company has achieved a lot in a relatively short time but has been caught by timing and extreme volitility much as anything. In the perfect world we would be like PLS and have your plant producing and through its ramp up phase at the beginning of an extreme bull run and build up a massive warchest but the world isnt perfect for every player so you play the hand your dealt instead.

    Cheers Whisky

 
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