Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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Moanygirl
You talk about personal attacks and how they have lost. Let’s talk about your personal attacks on posters where you
Criticise their spelling mistakes
Criticise their grammar
Criticise their point of view
Don’t come on here trying to play the victim in situations that you have caused
I have no time either on line or in real life for someone like you. I would tell you to your face.
I can tell just how arrogant and smug you are from what you type
It’s not your views I oppose, it’s how you always think you are correct.
Like I say, you’re not the victim here, you’re the maker of all this.
Finalising the process - yes. But I don't think that he said that he actually had a shipment to make... and having saleable material is not the same as having material to the standard that Canmax will accept or pay for.
Steward…
GR said he was in Harare now to finalise the process to ship spodumene after obtaining approval. He obviously has a saleable material to ship and export and this where his priorities are..
Otherwise why would he be there!
I've been watching GR for a long time now and sometimes, it is only after the fact that one realises why he says certain things! I'd say that there were some things that were credible and reassuring from this interview. Absolutely, progress has been made and he was happy to talk about the issues at the plant and when they might be resolved. He responded to Mark's optimism a couple of times by explaining that things weren't quite as Mark had described. Positive... might even say very positive compared to a year ago when we got scant info about the issues.
However, he was back to his evasive old self when the subject turned to cash. And I'm wondering why he repeated, more than once, that there are plenty of buyers of spod out there. And he looked most agitated at the very end when he made his comments about the market response to the RNS and the market cap - no doubt he wants the sp higher or the next cash call.
I've got a niggle about this question - will Prem be shipping spod that Canmax are satisfied with and will accept before the end of June and that Prem will get 'paid for'?
Also thought the export licence was being dealt with a good while ago??
Cingsing…
If you keep looking back you will never be able to see or think forwards..
The past has passed and we are moving forwards ,producing saleable spodumene and optimising towards better grades and volumes of production…
Sp currently is not reflecting the good progress and today many here didn’t see the RNS as a good progress.
I don’t see the relevance we keep mentioning the LTH here or newbies…as they are all holders now at a different entry of sp in different timeline…
I am confident that we are at a very good stage and moving in the right direction with good expertise on the ground to achieve the full success for the benefit of all…
@hasiba
“ Traders always try to twist facts for a better sp entry that serves their own interests… “
In the case of PREM, George sharing his ‘good’ news is easily the best de-ramp.
As I am sure you are well aware, in the case of PREM there has been ‘a new lower entry point’ in every month over the last maybe 18 months, following a frequent series of mishaps and lack of successes, so not much point in deramping for lower entry.
I reckon most derampers are long in PREM, but have seen their equity erode alongside an abysmal performance by management, even by AIM standards, and understandably are angry…
Mega bullish interview 👌 By Jove I think he may have finally cracked it. Will be taking a few mill on open tomorrow. Price is a gift down here
Traders always try to twist facts for a better sp entry that serves their own interests…
Yes I sympathise with them but to be quite frank I pity them too..
Lol
Current sp is a bargain…imo
Tomorrow will be a different day.
I liked the interview. At this point in the game GR has my full support.
I will give credit for a good interview.
Talking about it and doing it can be very different.
Have been down this path so many times with George
The newbies are excited.
Acker
If what was said in the interview is true and it seems that way. I guess share price will move upwards .
RNS and interview were both good and good forwards progress …better than expectations have been achieved.
Ignore the negatives and scaremongering by the few and others who sold or the ones wanting lower sp entry..
Share price recovery expected to begin tomorrow imo
I am happy holder here..
GL holders
I agree - it sounds like everything that needs fixing is going to be fixed and a lot of it fairly soon. Continuous production now with optimisation happening every day. I can’t believe this dropped 10% even before the interview. Let’s hope for a pick up in sp from tomorrow…
I liked the interview, but tbh he talks a good talk, now time to do the walk! I must admit I grinned when he said he was surprised that the RNS didn't pump the SP lol he should at least be aware that his believability is close to zero after this last year, I guess he will have to wait a little before he can get the next raise out.
I must admit though I am almost tempted to top up as well but I just don't trust him enough (yet) At the end of the day us LTH's are locked in for the foreseeable but i'm a little more comfortable than this morning. GL All!!!!
Yes, most intelligent people realised that a totally new type of mine - in a virgin country - would be a long haul, fraught with difficulties. Except the warriors.
Agreed - I was viewer #7.
Things going slower that originally thought, as everyone knows.
Significantly though, Canmax - with an insatiable desire for spodumene - are patient, rather than ruthless.
And content to await this immense source for them. They won't shoot themselves in the foot; they don't want to run a Zimbabwean mine from China!
Spodumene is what the want - only. Very soon, the keyboard warriors will begin to dream and guess again!¡
But today was a great day to top up....17p - I happily accepted.....
Pretty good to be fair...
These days I only have money in the market as a hobby/diversion. Having reread this RNS several times I must say I'm surprised at the almost total negativity on here today. There are clearly people with their own agendas happy to say how clever they are for predicting 'bad news' but to me it is not that bad. We are likely to sell produce this month, not as much as we'd like and probably not at the price we'd like, but it's a start and I suspect a fairly rapid increase over the next 3 months of both quantity and quality. Wish I'd had shares in Amazon, Microsoft, Apple etc in the years they were loss making. If there is any significant opportunity to pick a up a few more of these at lower than the current price I may well be tempted. Just to be clear It is a risk investment. If you are looking to significantly increase your capital in a few months I'd suggest this one is not for you. It will take time.
Clueless, perhaps if I wasn't attacked I wouldn't fight back. The personal insults etc do nothing for the credibility of the posters. If a person is unable to debate the facts and has to resort to insults then quite frankly they've lost at the first utterance and clearly have no idea about what they've invested in. If those that have lost money had listened to the debate, evaluated the risks stated here, in the non echo chamber telegram group, in the hive telegram group and in other social media posts rather than soak up the rhetoric of Snowking, DEB et al then perhaps they wouldn't have invested or maybe not lost as much.
No need to sound smug MartiniGirl, people have money in this share without your gloating, and you wonder why people attack you, have a little dignity!
Gazza4563, I'll gladly admit I wasn't wholly correct with my previous statement. Thankfully George has released the RNS confirming that I was only partially correct and in fact things are much worse than I thought or indeed expected. With just the sorters to replace I thought things were bad for PREMs ability to produce sufficient quantity at adequate grades, now its clear that so much more is wrong and will have cost implications rather than as George had previously suggested just time implications. New sorters required, mill upgrades required, new magnetic separator required, new pumps and conditioning tank required (pumps already purchased) and no confirmation that SC6 has been produced for shipment to Canmax.
Costs are spiralling, debt continues to accrue. The headroom he's got left won't come close to keeping Zulu operational even before he's paid China Zenith what he owes. I'd be expecting the EGM call to be asking for at least 20 billion more shares in headroom, if not more, that's the point Canmax will likely make their move.
100billion shares in issue - wtf!! that's a big number - he should think about a 10 or 100 to 1 consolidation to make it look a bit more sensible - next stop 1 trillion shares in issue omg !!
Its being aired tomorrow.
Snowking, Adam should have waited a day before his purchase. hope he held off on his 3.5 million until this afternoon. or maybe until this week's placing which is already being forward sold.