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Yes - JG. The warriors feel they must type something.
Even though it's meaningless, irrelevant or guesswork.
Often all three!
Z Pei is calling the shots here - and all must await his advices.
😐
Mick we all know that George is a stranger to the truth at times and that he is responsible for this mess , hopefully the experts can get the plant operating and producing asap. !!
I honestly don’t see how we can financially survive if the production date keeps being pushed back indefinitely?
If we had an update shareholders would at least be able to make an informed decision rather than constantly guessing !!
GEORGE can we have an UPDATE !!!
Pretty much the only accurate and of any importance info' posted on here for weeks...
Days away from Production?
I remember last summer when Mark was at the Zulu plant and George was showing 1 Ton bags of spodumene that the plant has just produced, can anybody tell me how much we sold them for?. If I remember GR would not let mark look or film what was in the bags so we just had to take his word that it was spodumene in the bags.
Hasiba - who told you we are at the cusp of production? Remember George saying that he wouldn’t need the last day in February to start shipping , then a month later he admitted that nothing was produced and the plant was not working.
Moved up 2 to $1135
Acker
Hasiba
Whereas I enjoy reading your enthusiastic posts one must face a certain dose of reality.
I think you are getting debtors and creditors mixed up, I think you mean creditors are not complaining.
I doubt this is true, I would imagine the legal costs relating to the failed court hearing are being pursued quite actively.
You say you have no concerns; may I ask where you think the money will come from to pay the accruing creditors, April has produced no revenue, May will only contribute a small amount and even June will not allow sufficient surplus to clear debts.
At the current share price, the company would quickly reach the share limit granted by shareholders.
I estimate that Prem is short in finance to the tune of £ 5/6 million.
Still, there are many loops to jump through.
Acker
Hasiba
Is it standard for debtors or contractors to complain? I imagine the contracts themselves would have clauses against "negativity" within the business, to the public. Even if it is not in the contract, how often do you see this things play out in public? If people closely working with a company have issues, they deal with it internally, not publicly. I could be wrong, but I believe that is generally how it works.
I have 0 concerns on Prem coming out of all this malarkey and the negativity when we are at the cusp of producing what’s required from the plant…
All at the site to make it a big success..
Debtors are not complaining,contractors are not complaining and the only bed wetting souls are keep on printing and guessing…and of course the shorters and Prem haters who want to see Prem down…
Yes I am positive and holding two truckloads!
GL holders
GR listened and updated us all this morning.
His silence speaks volumes.
GR never shy away from bringing even small news bits forward if these will be construed as positive.
Having now called in the A-team however puts him in a difficult position.
Remember, the Stark story as why they couldn’t get it to work has been entirely suppressed by GR, who just referred to them as numpties.
As the A-team are the specialists from the equipment manufacturers, he can’t easily call them out as numpties, and expect them to silently be his scapegoats this time.
In other words, GR is out of plausible excuses
My point was it's not ADDITIONAL debt.
Raaydaar 29th April "doom & gloom"
Raaydaar 28th April "doom & gloom"
Raaydaar 27th April "doom & gloom"
Raaydaar 26th April "doom & gloom"
Raaydaar 25th April "doom & gloom"
Raaydaar 24th April "doom & gloom"
...
snowking 22nd april "we should get a update this week" " lots of money to be made here , it just timing . let’s see this week"
snowking 18th april " if the plant does get fixed in next 48 hrs you will see the buying pick up as peo0le on ground leak that info . so watch this carefully as if george gets this fixed at long last the % movement will be dramatic and we can see this do 100% "
snowking 9th april "
so if we ship next week , i suspect shares will rise dramatically . if we ship last week of april , then we may dip before rising end of month .
but by may we should be well funded and shipping and planning 3xpanding operations ."
sorry tony, but you've been way off and thankfully you're little insinuations have done very little to help your trading position. you and i both know how this works as does everyone else.
youve sold, hedged and bought that supposed firm holding a dozen times over, playing on the feeble and weak minded followers youbhave in the group, just enough of a pump to get that banked profit at their expense.
things must be bad over in the telegramp group though, not even deadeye can be bothered to attempt to spin the silence and whilst noel is trying his best, the realisation is finally hitting them, the dissenters won't last too long though, maybe in a week or so it will just be noel, deadeye, snowking, ross and goonergirl left and they can all blow smoke up each others ****s on how they managed to control the plebs and get them to keep on buying.
Let me guess. They kicked him out also:)
Not even ramps in the teleramp group. Never a good sign
Now we just need snowking telling everyone about how mutare will be listing soon and those funds will be used to bring Zulu into production. Ahhaha
Girl - to ZP - this company wouldn't be too important
Google his massive investments - he calls the shots
Our GR is but a journeyman - a wealthy one....
🙂
It doesn’t look good for any positive news this month , I’m not surprised it is becoming the norm .
George have the decency to update us all please !!
My gut made me - GR rabbit + hat = £££££! IMHO DYOR
Luthee, agree he doesn't care about occasional delays, problem is those occasional delays have all run into one big delay of over a year. He lost his patience just prior to force majeure and it's no doubt wearing very thin right now.
This must be down to the wire, hence no update as of yet.... Close call by GR, AGAIN
Https://www.forbes.com/profile/pei-zhenhua-1/?sh=5c6e1a1a728a
Pei - a billionaire and major shareholder of Canmax - will play his cards close to his chest, and needs all the spodumene he can get for his numerous worldwide businesses.
Pei is happy to play a waiting game and isn't concerned about occasional delays - unlike the warriors!
🙂
I second that can we have an update please , it’s not to much to ask !!!
Come on George, it's time you gave us some solid information on how things are progressing 🤬
For whatever reason, assuming GR continue failing in delivering the agreed quantities, I cannot see why CanMax wouldn’t use the money they will be owed next year, to take full control of the mine.
I would consider CanMax an extremely poorly run Chinese company if they do not leverage their financial position in Prem to their advantage. Prem isn’t a value add in other than getting the mine producing, and well….. we all know how that’s working out.