SYA 2.94% 3.5¢ sayona mining limited

Have Shareholders been mislead ?, page-101

  1. 13,371 Posts.
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    Expecting a firm guidance beyond what's already been mentioned around production and sales for FY 24 plus plus work on increasing production and recovery performance at the mine and concentrator , is unrealistic IMO.
    With spod prices still falling and no particular end in sight and so much volatility in the past 2 years, planning anything longer term at the moment with any certainty, other than things you have some control over, is close to impossible .
    Not to mention the issues involved with ralidly advancing technology and funding in uncertain times.
    Talks will be ongoing as always but that means nothing untill converted into a deal.

    Given the bleating that goes on here around missed timelines don't expect timelines to be given and JB has said as much, when there is something material to update it will be updated on. The general plan for the company was laid out recently but the environment is changing constantly.

    It's batten down the hatches time, NAL is our only source of revenue and will be for some time, everything else involves spending or borrowing.

    We have a quarterly due in around a month.

    Cheers Whisky

    Last edited by Whisky49: 28/12/23
 
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