Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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Comprehensive - progress continues!
With all due respect George has said and shown many things that have proven to be lies so let’s wait and see it in an RNS .
We are all just guessing at this moment in time 🤞
Yes i remember 1 year ago 1000 ton target:((sad
MARTINGIRL
Prem had said for a couple of weeks its producing its in his videos , just not producing what we want yet.
you are saying with certainty that no shipment this month , well i say its not clear , but yes i woudl be positively surprised if we ship this month, we all just guessing , but i like the recent video and if we can produce a 1000 tonnes of something half decent i would hope we can ship.
That is the question.
If this is yet another disappointment I am probably going to shuffle off and cut my losses.
Fingers crossed. Best of luck all.
Kelly
I think Snowking has been round at Wullies and drinking the Buckfast.
Same old insinuations. We should have seen an RNS last week after George told Snowking the plant was producing. I may well contact the FCA about this communication and Snowking sharing it within the telegramp group.
Snowking not sure how you can say "more delays" it's all one big delay, fast approaching 18 months of delay.
You and I both know, as does every PREM shareholder that there will not be a shipment in May that will satisfy the prepayment agreement, if they're extremely lucky they might get a dime baggy of SC6 out and call that a shipment.
Canmax are smart and appreciate the ability to own and manage a project 100%, why else would they allow George to continue to accrue substantial debt against a shipment agreement that he has failed to meet. The only options for financing any time in the future are a placing using existing headroom, a placing following an EGM or death spiral CLNs.
Zulu is not capable and will not be capable of producing sufficient quantities of product with the current plant operations, it cannot and will not scale up until the major issue is rectified, the major issue being the sorters. George has clearly stated that the plant cannot be optimised until such time as the feed ore is of sufficient quantity and quality to allow it
No doubt. I mean the guy has mislead share holders for ages.
Just wish I had clocked on a bit earlier.
Tbob
If you had more than 16 posts you might know what you’re talking about.
If you’re here to doom and gloom then join moanygirl.
I know what’s been going on thanks over the last 12 months or so.
Like I said, I’m not backtracking. So if you missed it, tough.
But don’t come in here asking questions on what you have missed in regards to moanygirl.
And what makes you think that Snowking ??
We seem to have been saying that for months
George must realise he has let the shareholders down and is on his final chance !!
Acker we are nearly there
ADAM great timing . i wish you well and i hoep this gives you a great return .
We must see some rns this week , nervous times , will we hit more delays and run out of money and enter a death spiral and go bust as some suggest or will we ship in May , and ramp up production slowly to name plate over next 3 months.
If PREM can ship in May that would be a miracle some suggest and many people bet against it.
None of us know what is comming . But is Canmax supportive , will they pull the plug after constant delays. My guess is Can max are a company who are smart and appreciate the issues of ramp up and will give time for prem to get there.
So lets see next 48 hrs we should get an update.
The smart buy at these levels when so many are despondent and fed up .
If we can ship something in next few weeks it means less likely a placing as banks can give finance and we will need less money . so lets hope
Once George gts us over the lien then it is a steady climb as we ramp up quality and volume , then look at epo and Mutare
Al4x - George will never allow this to be the end of the road. did you ever notice that the prem 'office' is at his house. George treats prem as one big tax write off.
With SP stuck in a range and Roaches home videos propping up the SP...
The joys of AIM investing...
My buy of 12.5m. Got another 3.5m to buy later today. Looking forward to next few weeks 👍
Here we are a week into May, what was it George said about 29th February?
You might be right. It's probably stupid to be waiting for a random pump like in crypto.
As I personally think this is the actual end of the road. I don't think the constant "tomorrow we will have sc6" for narrative is working anymore
Al4x - don’t worry. The next pump will be here shortly. Snowking and co need to get the placing sold.
Hello all,
So is the mood in Last Chance Saloon today ? Chipper (as usual) among paid rampers ?
Well I guess miracles do happen.
(Just rarely in the mining industry)
We’re all aware of the potential downsides to this share. So why do the doommongers feel the need to tell us what those downsides are 15 times a day?!
Al4x
Save the torture, just sell, and move on.
Acker
Been waiting for a pump for ages to sell out.
Not sure if this project has much left to extract from share holders. It may be on its final run as martini said.
May just be better to sell now and just remove prem from the watch list. I just can't help but feel when I do sell. It'll pump.
gazza,
"oj simpson has left me his mansion
i dont need to invest in penny shares anymore"
your posts are filled with nonsense. are you joking? i'm not reading 100 garbage posts for the chance that 1 of them is actually on topic and constructive. jesus. just copy paste your facts, lets see them and lets see how your facts are different from facts about george and how he is mismanaging a lot of **** at prem.
Tbob418
go look through my postings, these are not accusations, these are facts
you dont have a clue
Gazza4563,
You said this person is a proven liar and no backing to it. So you are doing the same thing you accuse them of doing.
If my neighbor told me he would help me fix my fridge or something one week, and then proceeded to not deliver on his promise for months while making up excuses, yes, I think I'd consider that neighbor a liability and a liar as well.
It wouldn't be a lie if I said my neighbor is not to be trusted with his promises to help fixing fridges. So yes, calling out people who are sketchy is a normal thing to do. If you want to shove you head in the sand and ignore the bad, nobody is stopping you from doing it.
This upcoming placing will be disastrous for the sp. Zero liquidity and zero interest in George and his ‘I’m hoping this is the last placing until production’ hahaha.