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He's already said he won't do 4k first month - at 50 a day that's around 1500 first month - however he stated constant improvements, so may average 80 a day over the month I reckon - then possibly 100 or so a day from next month. Either way, we are producing, rather than intending to produce, so there is income due in. Therefore shouldn't need to raise as there is now cashflow
This BB is full of Walter Mitty type caricatures and doom and gloom merchant's
Did anyone honestly expect the plant to produce 4k in the first month of production... Finance will get sorted, what's more important is optimizing the plant so it's profitable.
Back to the garden ;(
Wolf
Why sell in May when the plant has just started running? You may miss the train you were long waiting for.
Background:
" Sell in May and go away " is an investing adage that says an investor can improve annual returns by selling stocks in May and not reinvesting until November. The adage refers to seasonal stock market performance where the summer months have historically averaged lower returns compared to others.
Acker
Profit Bags
It is very quiet; the Stock Exchange goes to sleep at the end of the month as the summer season starts to kick in.
I think the CEO is chasing 3rd party finance and using the tiny output as evidence that greater prospects are around the corner.
We should have some news shortly.
Acker
It's quiet, nothing happening this May, at best we get info on the licencing.
Canmax on the other hand, continues to make big moves across Africa by investing in a lithium processing plant in Nigeria:
"Avatar, a Chinese firm, built the lithium processing plant which produces about 4,000 metric tonnes daily in Nasarawa. Canmax Technologies, another Chinese firm responsible for over 30 percent of global battery material production, announced a new investment of $200 million for another lithium processing plant in the state.
In his remarks, President Tinubu urged the Chinese firms to prioritize environmental protection, community engagement, and corporate social responsibility initiatives as integral parts of their operations and asked them not to leave the community in ruins as they explore high-grade minerals."
Too right - I only come in to see the trades now.
The posts are typical of a kindergarten.
To remind those who think otherwise - this forum is about Premier African Minerals. Childish banter can be engaged in elsewhere.....
Martini , didn,t have the pleasure of Wullies company last night,unfortunately ,a descent human being,you should try the buckie you seem obsessed with ,you might find you could possibly become a better person. The fact you feel the need for you 5 star hotel lifestyle sums you up completely, shallow,materialistic and egotistical
I choose my accomodation on its location and cleanliness, a clean bed and and clean bathroom with a good view is my criteria .you obviously think towels made into swans etc is worth paying for and spending time in a hotel is a holiday,not for me ,up and out.
So break out the buckie and take a look in the mirror you might not see that disgraceful ,bitter person there .
Back to the matter of prem,still very quite on the information front on shipping,half way through the month and cant cross any more parts of my body and theres a few rabbits with a foot or 2 missing !
GLA
Slight obsession comes to mind, over 600 posts in a share that isn't in their portfolio. And no recent posts on any other share.
more to the point, martini, why do you feel the need to shove you self-assessed riches in the face of actual investors here when you're just a pretend investor yourself, with one share?
i don't know what your agenda is and i really don't care, but people who gloat at other's misfortune, and wish others to fail are like **** on people's shoe... unwanted, unpleasant, but ultimately just an unimportant annoyance.
Dykee, thanks for your rant, suggest you go home from Wullies after having drunk all the Buckie and get a good night's sleep. Why invest here if uou have no ambitions to make money or are you determined to bankrupt yourself? Or is it purely altruistic? You must be doing well for yourself and not being a little feeder if you can get away for 4 or 5 days 10 or 12 times a year in your 3 or 4* hotels. I personally prefer the 5* I'm too old to be staying jn hostels and carrying around a rucksack, I've worked hard all my life, I've done the shoestring budget holidays, there were many years we didn't have a holiday at all because we couldn't afford it or work got in the way. Thankfully by being prudent and making sacrifices I can now afford the 5* hotels and first class flights, I've earned the right for these luxuries through hard graft, these things are my reward. Not being on a budget does not mean one cannot immerse oneself into a culture and fully experience the history and integrate with the people of a country, it means I can tip that extra, pay more for that street food, not haggle too much with the trader, donate to charities that help improve the lives of those forgotten by their governments.
PREM won't make you the millionaire you want to be, or the millionaire Snowking suggests you'll become, hard work and sacrifice will make you financially secure and able to enjoy your later years be that in a hostel or a 5* hotel.
So this went up to .95 then why back down to today's so?
aim , jaglith ,martini and a few other g0b5hites on here, we f11ck1ng know its a b0llx 0f a job
you are , thankfully looking out for us ****wh1ps and as commendable as you may feel that your doing a public service to us
mere minions ,with out the scope , depth of your immence mining , trading knowledge maybe alittle ,no possible had a gutfull of your selfcentred crap
use little feeders will always be little feeders , im happy with my 3,4,5, day holidays ,in 3,4 star hotel ¹10, 12 times a year
dont want 5 star hotels
what tw4t goes away to a 5 star hotel ,if youve got any heart or soul , when you go there its to see the people ,culture and history
i,d sooner see that in a hostel or kubitz than f11ck about with champagne in some poncy ,full of àr5ehole tw4ts
if i loose all of my investment in prem
i,ll be gutted , absolutely gutted ,but if i can look myself in the mirror a d answer the question ,are you a descent man , and i can say yes ,and other people that are dear to me agree , then stick my 50 mollion shares up the other one
people on here need to view things with a dual perspective
sorry for the preach but each and everyone of you
kiss your kids , wife ,partner and if tomorrpw you have a few quid more than today ,your ok
if you ,ve got the afementioned by you in the morning
now youve won
allin prem ,in long term will win and it,ll be a pleasure for you and yours goodnight and gpod luck
its only money
n
We are in the ***t with bills for operations and parts and Canmax missed delivery once it will take months to clear the debt caused by the incorrect plant configuration. What recourse has PREM against stark ?
And miss out on the adventures of George and snowking? No thanks. I’ll keep my shares. Well I’m forward selling some now ahead of the placing but so if some else who was claiming a big week ahead.
Why dont you just sell and leave jaglith ?
go on a cruise with martinigirl or something ?
George’s buddy needed cash and George has no problem diluting shareholders to help a friend out.
Let's not forget how he got Circum!?
Roachey boy gave a placement to raquire Circum when peeps were waiting for transformational news.
Ponzo
Last year George finally admitted that there was a lock-in period at Circum that ended in the summer (after claiming 100% that there wasn't) and he said that they were very close to listing Circum and prem shareholders would receive money from the listing. Well that listing never happened, George forgot about Circum and is now claiming that Mutare will list and that prem shareholders would receive money from the listing.
FCS should have been investigating long time ago
If George can't get the 50 tonnes/day of saleable spod by the end of this week, the FCA should give PREM a ring following last week's RNS and ask a few questions.
I've been in and watching for over 3 years. It is now past frustrating next rase I will debate saying yes and just run with what ever comes with a no vote it can't actually get much worse at this point.
Where are George’s videos showing spod being floated, bagged, and getting ready for shipment….with all the mutare pumping, shows that Zulu is not producing and George needs to fundraise again