SYA 0.00% 2.4¢ sayona mining limited

Stop spreading FUD. SYA is in a different position with the 200...

  1. 10,689 Posts.
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    Stop spreading FUD.
    SYA is in a different position with the 200 million cap raise in May 2023.
    A forward thinking move by the BOD.
    Altura were paying 14% interest on a Loan at a time when Tesla looked like they may go down.
    Altura covered their loan requirements and had Galaxy and Ganfeng coming in as partners accepted by the Loan Noteholders on a Friday only to be put into receivership by the Loan Note Holders at Midnight on the Sunday nullifying the accepted deal but not signed and taking ownership away from the BOD and those invested in the company.
    A VERY unusual thing for a LNH to do as it would usually take years to sort out.
    But NO along came PLS 2 days later with a DOCA clearly all prearranged.
    Its called uncompetitive behaviour and Dale Henderson agreed with Alan Kohler
    " it was a steal."
    Ganfeng continued buying Altura spod even when PLS were open for business post C&M. And were a major shareholder of PLS.
    Why was that?
    Different body ore with lower impurity, not orange but silvery grey.
    Ganfeng loved Altura spod, their words.
    ASIC and ACCC are spineless IMO.
 
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