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Acker
If the commercial side never went of the window, then why so many placings to fund on finding the design issues.
You’re going to have to just sit tight and wait for all of the design issues to be rectified
Those screaming how good the RNS was why is the SP red!!!
Gazza4563
The commercial side never goes out of the window, it is the whole essence of the Zulu mine.
I am feeling rather disappointed with the RNS,the company called in world experts over 5 months ago. Others have joined the analysis team and faults are still being drawn from the project.
I remember the CEO last year stating that the Prem crew was taking a more hands-on approach and closely monitoring progress.
DOES ANYTHING WORK TO SPEC AT ZULU.?
It appears that once again I am going to move my targets.
God knows where the finance will come from to keep the lights on, betting on yet another EGM
Not looking good for my 1000 tonnes in May and nameplate in June.
What a mess.
Acker
This RHA all over again, George has zero real idea how this processing plant works so there fore he doesnt know if the contractors are doing the right things, and he has hired the cheapest company to implement it. just like he did at RHA where he had no clue what was going right or wrong because he had no clue what was right or wrong. now Prem are here. in a similar mess. He hasnt learned from his mistakes at RHA and now this will go the same way. down the plug hole.
The amount of people saying terrible RNS is staggering. Clearly they are not to be trusted in any post they add as they are unable to read and understand a basic RNS update. The details in this update were promising and expected. I'm not sure what some people thought the next RNS would contain in regards to did they think it would be... we are now producing a million tonnes a minute and its all SC6.
Hold tight guys this will come good soon.
Jaysus, drinking at this time of day....
Would be good!
On a project such as this with all the design mess ups. The commercial side goes out of the window and can be recovered at a later stage.
The only priority is to sort the design issues and get the plant running to design capabilities but this takes time breaking down the individual issues to find out where the problems are. Prem are doing this with the new contractors as stark couldn’t do it. That’s why they were kicked off.
And if the individual items are not meeting design performance then it goes to OEMs
The exit door to Last Chance Saloon is now locked and secured….
Everybody still inside, best of luck….
True PM01 we don’t
But if it’s a design and build tender then everything lies with stark.
I couldn’t see it being anything different as Prem don’t have the in house capability
Long time ramper gone AWOL.
Not sure where you got the "Has been producing nothing"
He didnt actually say how long it has been running continuously at 50t/day but we know it has been on and off for some time.
Gazza sorry auto correct
Gaza, we don’t know the tender data sent to stark by George. It all starts with that document. If that’s rubbish the plant is rubbish. In my experience it’s usually a bit of both. George will not want to lose face so blames others. I’ve seen it many times where people blame others. George needs to take responsibility and not pass the buck.
Come back next year
Gazza, Of course you won't backtrack. What a shocker. You have 4k+ posts and what i've seen it's mostly rubbish. You have problems with processing logic but that's a you problem and has nothing to do with prem.
I have no need to "join" anyone but thanks for the suggestion. If you have a problem with moaning, maybe you should stop reading these posts. It seems to me anyone who tries to argue against hype and all positivity, is a moaner to you. Filter is a function on this site. You probably belong in the prem telegram group, you'd be happy there.
Is it boom time yet.
GR never fails to disappoint.
Oh dear so the plant has been producing nothing and they're HOPING to start producing 1500t from next week 🤦 turn the lights off on the way out George
Confirming to holders and new investors that the current sp is a bargain.
Excellent progress and very happy investor here.
GL
And there is potentially 10% more resource (if I have understood that correctly)
We will see in 6 mins Billy, I would hold off until then as you could easily look silly, you just never know with Aim lol
For the first time it is running continuously end to end. Yes some modifications are required to reach the 4K.
Lets see.
You think this will be blue today? Give your head a wobble! The RNS was basically telling u the whole plant needs upgrading because its rubbish!! 50 tonnes a day dosnt even pay to turn the plant on!!