Member Info for Anglebox788

Where did all these shares come from have they been slowly accumulated on the open market?

What’s this seismic event due to happen on the 17th?

Acker- where is this mention of stripping surplus plant and which bits are we talking about?

May be it’s all the existing ‘pilot’ plant that hasn’t worked since the day Stark designed installed and commissioned it, 3 years wasted and £65m of debt accrued. Mr Hill certainly still has a big problem to solve.

Is this a pre placing RNS? All this work and people needs paying for, interesting that there is a hint of a change in mining company too, Goddards maybe getting fed up🤔. I do like GH’s style of RNS as has been said, concise and hopefully no 💩. Keep going.

Acker , you state the debt is under control, can you explain to me how that is please? The only source of income appears to be through dilution and discounted placings, meanwhile for each month of none production this adds to Canmax debt or have I missed something?

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I presume either the bags only existed in GR’s devious alternative universe or are simply full of talc, mica and iron filings so worth next to zero

Whatever happened to the engineering report on the plant we were promised would be released? Last time I asked Wilna it was under internal review and that was before Christmas, must be pretty grim reading if the company daren’t release it☹️

We don’t know how much of the payment for the DMS unit Prem are retaining until final installation, commissioning, optimisation and steady production. Maybe there’s wiggle room there to pay Goddards February instalment?

20 tons per hour of product SC6 or feed rate? If the latter what’s the output of saleable product? Also the caveat of ensuring grade of the material being fed to the plant is good, so relying on the rest of the plant to be working well.

You missed one Acker-

“A fool and his money are easily parted”

Nomadme- the FCS should concentrate on the real crooks who can, and do, serious damage to the shareholders interest and could start with one George Roach imo.

As shareholders can we still block this proposed RTO? I cannot see where we have been provided with a financial case for us to vote it in

- and the £400 000 is coming from where exactly? That was the money for the DMS plant. Where’s all the money coming from?

Snowking- we have to remember that 4yrs ago we were relying on information supplied by the now much discredited GR so were there really any options on the table? We can all remember the Stockbox interviews were GR would pretend to count the number of interested parties in his email inbox, so there is little point looking at historical RNS with anything more than a great deal of scepticism.

Just to add a touch of reality here, last time I looked, Prem have the bailiffs at the door, a shut down none functional plant, debts of millions of pounds, no EPO licence, a total lack of good will from its ex workforce due to lack of paying wages and 5 billion-odd shares available to raise funds which may produce £1.5m if lucky.

There maybe money to be made from Prem but it will not be the current shareholders that get it, if they survive which is still hanging in the balance it will be by giving away huge amounts of the company to 3rd parties for them to reap the rewards.

….. and now you’re talking of ‘being involved’ in a Lithium oxide plant, using what as funds, hot air and pie in the sky dreams?

That’s a good start but I’m disappointed that there is no mention of funding, after all there is the small matter with Goddards to sort even before raising money for the new plant purchase and installation etc. Where’s that coming from?

Less than £60k bought and SP up 18% 🤔 Is this FOMO or leak? I think think MM’s may be making mischief here but I’d love to be wrong🤞🏻

The engineering report is currently ‘undergoing internal discussion’ was the answer I got when I emailed the company last week.

Acker- please stop banging on about this being the shareholders fault, you will have noticed there is very little support for your view, the fault lies completely at the foot of George Roach, the shareholders are victims not perpetrators. However, I wish you luck with your Warren Buffet style continued buying.