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Fair play Hairy... I would also love for a bidding war. That would certainly get the heart racing!
J
Good morning Jenkoo,
Relax . I read both comments and agree with them.
Perhaps my dry sense of humour intertwined with the notion that a bidding war is exactly what I would like to see to make the share price go up was open to a wee bit of misinterpretation.
Time will tell what happens in Prem. By the way I gave you a thumbs up for your post.
Enjoy the day all,
Hairy
Must admit Snow I struggle to understand the .34 larger sells. I was a little concerned at the amount that was coming through however the 2 large late showing buys gave some confidence back.
Knowing Prem is leaky, and large buys/sells quickly affects short term confidence.
Looking forward to this short week, particularly next week.
J
Thanks for the sarcasm Hairy…
If you took the time to read both of my comments you’ll see I was giving a balanced argument from both sides. Prem and Suzhou.
J
Big week ahead ,
Acker I watched carefully every trade Friday afternoon , it was not a normal afternoon . When mm lifted the bid volume it was hit with lots of sells between 5-10 m , but the share despite the sells went up and one could sell 40 m in a block if one wanted to . Then after hours two large delayed buys went through much bigger than the sells . So let’s see what happens Monday , my guess is this will break through the barrier .35 and we will head to 0.4 p ready for news in June then do a typical prem 100%
Good evening Jenkoo,
That's a very good point . If results are good then why advertise it to others .
Heaven forbid, we wouldn't want anyone else to know what we have and a bidding war breaking out .
Perish the thought.
Enjoy the evening folks,
Hairy
Legend has it Mr n Mrs Roach have been married 50 years but George only just got round to celebrating their 30yr anniversary. 40th anniversary celebrations "imminent ".
Drill results will come back to prem. Suzhou will be given them. Decisions will be made about prem's future. Agreements will be made. Then be given for RNS approval.
Until then plenty of speculation.
Worth noting fhat if they are good, Suzhou will be requesting the opposite happens… that results are kept hush hush until GR has signed on the dotted line for the full 100% takeoff agreement
J
Do you think we will get drill results alongside pilot mine decision, or in separate RNS.
If they are decent results I would have like to seen them delivered separately as a carrot to tempt other investors.. with the aim of driving prem benefits of course.
J
To Be fair, we all know George gets mixed up with the difference between weeks and months, if he said 2 weeks, he means months. If he says months, he means years
Jen ko , fully agree , we should have some results by now
Snow - Due to the derisking of the decision (driven by high spod costs) i agree that drill results are a reasonable foundation to base a decision. I just wanted to share that i didn't believe GR promised an RNS 2 weeks from interview, only that drilling to obtain info to drive the pilot decision would be completed.
Lets all be clear though, we should have had some drill results by now, so I'm not totally letting GR of the hook here.
J
Jen koo what you say is close , but I believe drill resukts so far are enough to justify a mini mine ,
Hi Roman, unless im mistaken, GR did not promise information 2 weeks from the interview date. He simply gave the message that they targeted to complete the zulu pilot drilling (which will feed into the pilot decision) within 2 weeks.
I therefore would suggest its unfair to say he missed a deadline. Apologies if im mistaken with this.
J
I think disappointingly we have missed the timeline for the expected update that GR stated in an interview. The concern is if it takes 4 or 5 weeks to hit a target that was supposed to be a couple of weeks and everything else tells us it's double what is said then you have to assume every deadline given needs to be doubled....mine build, pilot mine etc etc
Acker I was expecting a small update by now , but others had an email to say end of next week .
But any mini mine news will be later seoerate to any small update , but I hope before my birthday June 17 th
Snowking--you were expecting news last week or this week,is that still the case .
Acker