Member Info for biglad6

Boxes getting ticked all the time. The plant works, it produces at grade. The flotation unit works. The pre that was sitting there idle has produced product above spec. To all the dunderhead s that say they should have had a full 30 days ready. Anybody with an modicum of business sense would say put what we've got through see how that turns out before spending more on raw product. It's called a trial run, ffs!

So now all that's been done by graham, he'll get the go ahead to get more ore for 30 days , he may get some money for selling what been produced. Overall when balancing the positives and negatives the former massively outweigh the negative. And as I've described the negative nellies before they just simply move the goalposts. Last year they were screaming bankruptcy every month, then fiddling with wires became a working flotation plant and production. Endless flights and dinners have produced a graded product. Oh by the end of this month George's loan will bust the company. Last comment is nobody gets this far and pulls the plug, it is that simple which is why canmax have appointed Graham and will continue to with him.

As anyone will know whose worked in a business of any size who don't get budget to recruit more employees in a company that is going to have a bleak future. Looks like we are on the cusp of success now and will turn the corner shortly. This could be a nice forewarning of things to come.

Most of you and indeed you must realise this yourself.If i owned 100% of the shares i just say to slippery gardin you said youd get this to work and indeed promised revenue 18 months ago. It still hasnt its a lifestyle company but on aim its a common thing. (Ive been caught before) Hes just selling a dream and filling his own pockets. Indeed we should all set up our own companies saying we are drilling for oil, mining gold or crypto and loads of mugs would go for it. It really is dreamland. If you met somebody in the pub and you invested in this youd be going mad by now saying you promised this and that. Would you really invest more!

Good news then Goddards also see a future then as they are prepared to agree to a lengthy repayment plan as you said having some in shares (why?) obviously they had some in depth discussions with Graham to reassure them of this.

As someone said previously no one knows what the grades are so obviously you dont. As they produced 6.2 previously with the same product and an improved process because of a better engineering firm it could indeed be higher. As the minimum to make loads of money is 5 then there is still a bit Margin for error. As they say in darts "Game on "

Jag, no need to worry about George he's a massive shareholder and would benefit to the tune of millions when the sp rockets so he's unlikely to try and bust it. Even if he did it would take months to enforce. Can max could have taken over anytime last year and Goddard decided to take payment in shares. Indeed you predicted all these loans would have been called in last year and bankrupted the company.

Yet nobody did because they all believed with GH in charge they would all be better off with the plant working.

I actually agree with raaydaar. You shouldn't have to be invested otherwise it would all be positive . And because he's lost £100k he's understandably bitter. However his current criticisms are old hat and are very much related to George's prem. When he was making things up (and quite frankly he should never have been able to patently mislead shareholders so we all got shafted and he enjoyed and still enjoys unfortunately the benefits of share options for failure)

Pre M was an uninvestable basket case.

Now with someone at the helm who certainly looks he's going to nail it on all fronts, Pre M looks is different company . For the doomsayers this is unacceptable so every hurdle , finance, paddles, engineering will never be cleared. So when they are the goalposts move, look out for the next ones of product grade, consistency of production , debt provision. Of course the mine now works , get the grades right and the income will be so big that everyone should be satisfied!

Some direct questions for you

Have you ever been invested in Pre m?

Are you currently invested?

Why do you feel it's necessary to post so many times a day?

Are you trying to warn us of the impending failure of Prem?

I presume doomsayers that either none of you are invested , I mean why would you, the companies awful according to you lot. Or you invested when George ran it the less said about that the better.

Couple of massive bedwetters on here this morning. People who can't hold their own water which says lots about them as people as well as the ability to show a bit of patience.

Firstly , the plant now seems to be working, paddles have been found, wheelbarrows lined up, wires fiddled with, dinners eaten. Those I mentioned above said and let's be clear that because of a variety of reasons , George was still in charge, Graham was awful, no money creditors would demand money , no diesel. , eff said this would never work, gentlemen , it has!

So let's move on to the next excuse I've wet my pants because the first product that has gone through isn't SC100. You know last year I hired a boat on the Norfolk broads and very nice to was. The oven didn't work, an engineer turned out fiddled with it , tried a few things and within an hour it did. As explained in the RNS, fiddling will be required as fiddling was required to get the mechanics right and soon enough the right grades will be produced and money made.

Evening , raaydar, the finances will be dealt with . That's not an opt out answer. Indeed massive progress has been made. We had no money for diesel, no money for paddles, no money for contractors etc etc. Money was found and the sp has held up. The placing s are now much reduced in price . The most important point is Graham is definitely fully supported financially by can max who appointed him as a man who can get this done. He is and it really is that simple!

Jag, need to call out your as bucks fizz said " land of make believe" statements. You don't know whether the float unit is on or not. Your untruths need calling out!

Thing is jag and bally, you don't know what is going on at the plant apart from progress. The next up date will confirm the specifics you are now just guessing at. If I was you I get my next argument lined up about the grades won't be good enough, or it's only worked for a week that means nothing. However there's been much good news recently and even with the odd small delay the plant rolls on to full production to see that.

We've probably all invested in rubbish in aim, including George's prem. What happens is some made up rubbish thats hard to quantify gold , oil, crypto, etc.Which peeps invest in . Those who invest at the bottom before the initial excitement generally make money but you've got to be very lucky for that. These companies then generally don't match progress with raises as they are lifestyle companies like George's prem.however graham is a different animal when canmax appointed him they wanted someone who knows how to get a plant up and running. This is what he's done on both finance, commercial and production fronts. Anyone that's worked for a blue chip will know that these are the people who know what to do. They can deal with the debtors, blue chips, engineers and the funders. He's made massive progress in this regard. These are the foundations of value. The amount of patience and financial commitments that the suppliers, and canmax have made is massive. They will not let this fail now. Progress has been impressive and it's nearly there. Then we will have ah of course it's only done a few trial runs etc . The doomsayers last year were telling us that this would go bust. Says it all really about what they know.

Wholeheartedly agree jag, indeed no ones answered where Graham is getting the money to pay for diesel. All this mo fo is doing is fiddling with wires, cleaning the stationary cupboard and enjoying free flights and dinners ! Can you believe these dreamers who think that this will actually work ? Next thing , it'll actually work but then listen mate this is a secret we'll get them then because the grades will be rubbish, if that doesn't work well get them with it'll take years to pay off the debt and then what about the jv, that you promised. They'll be big time losers not like us winners!

You can see the doomsayers led by jag, are now falling apart . The jokes about flights and dinners are now on them. The project is moving forward nicely. Attacks have now turned personal. Quite sad really, do people really get paid for this? If so, how much?

Even according to you the simple act of crushing rock is far far advanced of last years predictions of canmax selling the plant for scrap and the whole thing going bust. Remind us what happened to that prediction?

Message to graham, from the vast majority of individual shareholder s. Looks like production is now imminent with the award of share options based on success. Having discussed this with a wide cross section of individual investors i.e. The mrs, jaglith, martini girl, Ballymena I hereby give you permission to have as many free flights , dinners ( including beefeater) as long as you keep fiddling with wires in the correct way and get some spare paddles from George's shed!

Like I said yesterday the negative nellies day has passed. They were right all along with George and Graham original fix using the equipment that George bought. However when Graham was left to his own devices he's proved to be highly successful .

The nellies, having failed with their buying flights and dinners , fiddling with wires, hand sorting , childish b*******, have moved on to there's no money argument.

I'll leave others to go through the detail of headroom, more raises, paying George and contractors etc. But the headline here is be in no doubt the money will be found because everyone the tiny shareholders, canmax, graham, potential customers ,those owed money, george, potential buyers , the employees, Chinese engineers , wi re, fiddlers and flight bookers all want and indeed need to see this working. It really is that simple!

I'm afraid the doomsayers are now laughable, Graham won't have money for diesel, the trials will never happen, the creditors will pull the plug, the whole thing will go bankrupt, so many placing s the sp will go to minus a trillion, billion, etc, eff ,blah blah.

Now reduced to explaining the difference between commissioning and trials, hot water and cold water. First production won't count as proper production, so much money is owed it won't be until doomsday that prem will see a penny. Sp won't move quadrillion shares in the market, next excuses after production is secured.

Nice to see on aim, a properly run project on time now with product that can be immediately monetarised.

Jag, I wish they would sign you up. If you put as much effort telling us how cra p everything is into fixing the plant your be MD of the year!