Member Info for biglad6

I'm sure that we could all write pages on the pros and cons. I have one rhetorical question why would oakleaf stick £4million in, in a placing at a critical moment. Nobody would have done that without proof of gol d and a rising sp. Additionally these shares were bought at 1.2p. obviously they like us. expect 10p!

Will all bedwetters please do one! Like babies moaned and moaned update, update. Got your ops update. Moan , moan , moan. Mummy the sheets need changing. Assays will arrive i n about 2 weeks to coincide with the EGM. This I believe has always been the plan. As for the BOD why cave in and release this. Release the results as received and planned.

See the SP is unmoved by good news, pathetic!

As a new comer here , there's a lot of historical bitterness (quite rightly) on this board. Due to the BOD and their general uselessness. The reason to be in this now is because someone else is doing the work for all the reasons that go with that. Let's hope this find and aliens lack of involvement is reflected in the SP.

Hang on everybody, surely when we all bought this we agreed in our own minds that we need to wait for assay results. They are not due until mid late November. And everyone who's going on about the untrustworthy bod and their advisor also knew that they were in post.

All that needs to be said is wait for the results. That just doesn't mean the first drill it means several. The trouble is we all want jam tomorrow well it maybe there's plenty in a month and even more early next year.

I don't know why everyone believes all the BOD's silly nonsense. I've been here 7 years and the war is the best thing that's ever happened to these shysters. More chance to claim enormous salaries for depressing shareholder value. When there wasn't a war it didn't sell I don't see any different now. Adding to this is more b/s this morning . A research note and a video chat more rubbish. After all this time BOD we want a vastly elevated S P which it's your job to deliver.

You have patently failed us over the years and even if the war ended the price will rise on the misguided notion that this w I'll make a difference.

Even if they get that far we 'll get the usual brilliant line of "there can be no guarentee that a sale will take place " .

I d love to know how the S P will get to 20p. Laurel and Har dy could do better and they're dead!!

Yes doomsayers, I'm out. I think I've been in and out of this for 5 years and averaged down massively recently so unlike some other unfortunate I left here just down.

I sold because in the medium term I don't believe the plant will work this year. I believed that GH being a competent person could sort this out in say 3 months especially with enprotec s help. GR the tool has ruined this company and it looks like it will be next year before it works but I do believe it will.

In the meantime the price will drop ,lack of confidence, placing whatevser. It's quite disappointing as this could have easily been a thriving profitable entity but ruined by GR. In the new year things may have changed and it could be worth investing at the bottom.

Don't know why this farce is continuing? Why don't canmax take it over ?

It won't be in the accounts as they are up to the end of june! Neither will your continual predictions of can max having everything for free! Perhaps you can answer the question of where the money has come from for three trial runs?

This stupid argument has being going on for over six months. Six months ago the shorters told us there's no money can max will take it over next month. (Ballymena predicts this every three months ) Having no money obviously doesn't effect prem. Since the start of the summer prem have run 3 test runs, had dozens of enprotec employees on site according to jaglith all for free .

As for being sensible about all this obviously Canmax/Glencore are covering these expenses (if anyone doesn't agree with this perhaps they could tell me where the money is coming from) these expenses will be covered by an off take agreement . And to expand that point can max earlier this year had had enough of no production and GR unblocking pipes and booted him out. They then asked Glen core to get involved and seeing prem had no money knew that it would be an investment well worth pursuing. Clearly if no work was being done this would have been finished long ago.

More rubbish being spouted on here this morning. Yes, enprotec, the diesel supplier etc have all decided to work for free. In fact the fuel supplier said alright I'll deliver 50k,s worth a day and pay me when you want. Oh and enprotec are working hoping that they might get paid in six months whilst swallowing all the wage ,travel and subsistence costs themselves. It's obvious that someone is subbing pre m to pay the m.

The question that the shortest will not answer is who ? I don't know either but whoever it is has confidence that the plant will produce!

How do you know it's the top?

El gelboy has got a few things wrong here firstly it's quite laughable to say George Roach left because he new time was up. George was given the boot by canmax when everyone saw including almost everyone on this board that he was diluting the sp to f*** and achieving zilch progress.

As for product grade SC6 plus has been produced in the trials and therefore could easily arrive when full production is achieved. The Glencore loi will then activate.

When this happens you should expect three RNS s . Firstly the trial has been successful. Then commercial product is being produced and sold. Glencoe and Canmax have signed long term commercial deals . An S P guess 6 to 10 from where it is now. Also the S P is now range stuck and has stabilised meaning everyone is waiting on the news that production can be started.

Let me say directly to you. Yes, pre m has no money. Can you tell me who has paid for the three trial runs ?

Who is paying enprotec?

As for the Glen core letter of intent , yes GR for that, more importantly than all that is, that it exists and it's there and obviously they didn't bother doing that it if they didn't think they would be getting product.

Just a reminder to balance the silly billies arguments. George Roach was clearly a liability to Prem with all his made up stories about Prem. A few months ago there was a clear change of policy when the major shareholder Canmax had had enough (As we all had) of George's nonsense and he was given notice and left. A new approach was taken to this plant the original constructor of the plant was engaged and two test runs were done leaving the last one (which should have finished) this week for optimisation of the plant. This was all RN S ed as was the appointment of a new MD, who has in his short time there got things moving. In fact things improved so much that one of the biggest miners in the world Glencore signed a letter of intent to take product.

The shorters continue to point out at every stage that there is no more money, Can max will simply take it over. Over recent trials and the last 6 months money has continually been found to fund the plant to commercial production. That is simply where we are at , we now await news of commercialisation of the plant. On that news hopefully next week you will see the SP rapidly move up for two reasons that the plant now works and prem have two massive customers lined up.

As for the shorters they have made money by investing in the fact that people believed the previous MDs b/s. And very astute they were. Unfortunately despite their continual clutching at straws there's no money, can max will take it over the company , with the a new leader, two large customers ready and waiting, their logic will be proven to be wrong. Hopefully very soon.

My expectation here is high. I'm not going through the list of good things that have brought us to this point except to say that there is a real chance of this becoming a profitable company. The doomsayers would tell you that nothing has changed from the bad old days of GR who has been unceremoniously dumped. The jagliths of the world would get you hung up on whether the trial last two days of two weeks. It doesn't matter one bit now GR isn't there this has every chance of being a success . We will have a better idea on the next RNS.

Raaydaar, nobody works for free. The contractor's will have made sure they will be getting paid. As pre m have no money whose paying them ?

If and when the plant works because Can max and glencore are well known to Prem and talks are already well advanced 're finance then next week you'll get an rns containing both. Plant works commercials agreed. Boomtime.

I like you jaglit h don't know how they do it. What with this being the third test run ! Either someone is paying for it as they've got no money or its a complete and utter lie. Of course glenmore o r Can max are subbing this off an off take agreement. As it said in the last RNS the finance talks are advanced with them. Indeed it stands to reason that those two lined up customers wouldn't be in such advancing talks unless all were confident of a working plant. And also of course of you vs spent a couple of £100,000 already you don't give up you spend a bit more and with competent management it works. It's not rocket science now George the First has gone!

Can someone please explain why after such seemingly good news the SP has plunged !