Come on ,settle down children.
Yes,on my calculations I am comfortable with a 160 % rise in this quarter.
Do I ask you for your calculations of the "Blood Bath" the imminent fall of SP to 0.15 or to justify Prem going bust etc
It is how I see it,how I have calculated it and my opinion based on current circumstances.
If you don't agree just pop me into filter.
Acker
Jaglith
I take your point but one has to consider the circumstances prevailing at that time an example being the price of spodumene. You know jolly well the sand shifts from one month to another and by that very nature so do my expectations from Premier.
I honestly believe that the boys will get the gremlins fixed during April and May and full commercial production will commence in early June 2024. Other positive news will kick on the SP and the financial pothole will have been filled.
We can all use history,I can point fingers at posters who believed that every Xmas they would be receiving a dividend payout from an "imminent" IPO, that Prem would go to court last year some even believed that the F/M was invalid.
Prem has a rich history, one can pick and choose to suit the comment..
Acker
Botuney
The figure has been given careful consideration and is in line with my expectations from Premier over the next 3 months.
Now you have two choices,is it possible or not?
Not entering a debate on this.
Acker
There is a possibility of an initial drop below .20 tomorrow morning however this, IMO, will be short-lived with SP rising during PM.
Should spodumene continue to rise then even a small batch of output would be financially beneficial and would calm the nerves of the potential 3rd party lenders who according to the CEO would be willing to release funds.
I am comfortable with the finances and the positive moves made by Premier in getting the plant towards production and commercial production, both potholes have been filled, and lights have changed from Red/Amber to Amber.
Exciting months ahead for those of us who can through all the deadwood.
It will be a good year for Premier,very good.
Acker
Raaydaar
IMO may be an initial dip as the lemmings jump followed by a small re-rate.
I think the market will show favor following the Q & A.
Some may max out the ISA limit this week, new ISA available next week.
Not all doom and gloom.
Acker