Member Info for Anglebox788

The only fact in this RNS is that the plant has been partially shut down. All the rest is preceded by ‘will’! Usual GR bovine excrement for me. What can’t he tell us what’s actually happened and decisions that have been made and why? Pie in the sky woolly predictions are of no value to investors in my opinion. There is nothing new in this RNS , a waste of time.

Even the ‘continued support’ of Canmax is woolly. What we need is with it saying ‘Canmax have been fully consulted throughout this process and have wholeheartedly endorsed this approach as the most time and cost effective method to full nameplate production.’ 🤬🤬🤬

Dazed- that’s pretty much what my question has asked but doubt it will be asked. I even suggested to Wilna that this question would be submitted by many shareholders and needed our CEO to answer. Not holding my breath

TT1981 - you would think so wouldn’t you, but unfortunately nobody trusts a word GR says because almost always it turns out to be complete fiction

I just hope this new mill is manufactured and delivered on time with no custom delays. It will be another administrative muck up on a grand scale if the civil engineering is complete and everybody is sat twiddling they’re thumbs waiting for the mill to arrive with the £36m+ plant sat idle. Does anybody know the exact due delivery date for this huge lump of steel? Without it this is either a punt or the last chance saloon as RHA mill just wasn’t performing as well as we have been lead to believe 🤷🏻‍♂️ I have learned to be sceptical with GR and Prem with just reason.

Acker and PD101, I sincerely hope your reading of the Canmax situation is correct , in no way was my earlier note of caution intended as any personal attack, just managing my own expectations.

Acker - ‘am betting that George will release details of the meeting and the decision to move forward with the new mill.’ Why wouldn’t he release this information at last RNS to calm the market if it’s a done deal? Bit concerned we’re all getting bit carried away with PD101’s and Acker’s guess that Canmax are fully on board with this, just don’t want another 20% drop when it proves not to be the case 🤷🏻‍♂️

PD101 - I hope you are right, but I would add to that by saying if GR had been open and honest throughout the last 12 months, (there was no commercial or competitive reason not to be) the SP would have gone no lower than 0.7 from its 1.02 high as the fundamentals have remained the (unless he’s also lied about what’s in the ground) so the share price would climb to 1.2-1.5 on production in Q1 2024. The dishonesty has permanently stunted the future growth of the business and that’s something that can never be recovered. Honesty and integrity that’s all that is required.

Sir-Stonks, sorry

Sir-stinks, ‘facts’ now there’s a word that should require little interpretation

The Geoffrey Madderson interview is a month old, the charade has moved on. More smoke, more mirrors. What was said in this presentation appears irrelevant now, if it was in fact true, certainly a convincing deception if not but who can we trust to give the investors true unbiased information? Nobody in officialdom it appears and very few on this BB sadly, we’re left with guesswork, personal experience and hope. I’m still learning this market a completely enigma or snake pit.

Anybody got a copy of the interview?

Great presentation Steve. I 100% agree, GR MUST GO AS SOON AS POSSIBLE. I’m s as little worried Stark will be unable to pay for new ball mill so the manufacturers will stop work on it or keep hold of it until paid in full.

For the geologists out there, how does weathering affect the quality of the ore? If Lithium is so easy to wash out with rainwater how come it’s so difficult to extract with £34m worth of plant?

Roman wolf - says a lot about the relative leadership provided by the Board of Directors and CEO. They appear to have an effective functional unit, we have a rudderless and moral-less, CEO and a bunch of his sycophantic feckless disciples.

As I have stated previously, the costs involved moving the RHA mill (twice, Zulu and back to RHA) have been a complete waste of a huge amount of money. I’m convinced if and when the new mill is also expensively installed (although Stark should be covering cost) it will also throw up more gremlins leading to further protracted ‘opitimisation’ and zero revenue stream. Never thought even GR would let it get so bad. I could perhaps be more sympathetic to him if he appeared to care a toss about shareholders, but his constant lies shows him for the incompetent that he is, he appears to have no grip of what’s actually going on. Sorry for the rant, I’ll go lie down in a darkened room I think🤬🤬

Jaglith 12.39 post

Isn’t it possible to keep running the output back through the four flotation stages to get the grade upto SC6? I was under the impression that was why we had 4 stages to get the quality up?

Is this the low spot with Goddard shares, further placing and missed November production priced in or is there worse to come?

From being 88% up in April this year I’m now down 28% . Never done any good trading so left with crossing fingers and toes, guess I’m not on my own here🤦🏻‍♂️

Infinity888- where’s this Stark messaged posted please copy a link👍🏻

Martinigirl- if we have to pay the 1.5m in November doesn’t that reset the clock to zero so Prem then need to produce 1000t +/- 10% , not 2000t, in December to avoid paying another 1.5m? That was my interpretation of it.

….. or Geoffrey Madderson has been on the magic mushrooms. Maybe he’s a graduate of the GR Polytechnic majoring in ‘loss of credibility and rhetoric’