Member Info for biglad6

Thank you now pre m is as good as sorted, that can be Prems next project. Because GR was so awful someone with the talent of GH should easily be able to turn his attention to this especially as geographically it's so close. Plenty in the pipeline to up the SP.

Could someone sensible tell me what RHA is. Where it's located , what it will produce, what state is it in now. No need for doomsayers to answer. You lot concentrate on slagging Prem off. Note despite an RN S many doomsayers still believe GR is still involved !!!

Good idea martini let's dissect your post.

Funding a few points on that the funding will come from the same funding that the first two trials came from . To be frank the shareholders that wish the funding to increase couldn't careless where it comes from. Even if it's from a placing which doomsayers have been wrongly predicting for months so what if it gets the plant working, the profit it will produce will dwarf that.

The current M D said in the latest RNS that talks for funding are advancing. This suggest that it the plant works then funding won't be an issue. Indeed Glenmore expect that as them and Can max are two massive customers when the plant starts producing.

There seems to be some pathetic padentic conversation about George 2 job title this matters not if he can get the plant working.

The minority here seem to suggest that a massive issue is feeding the plant. I would argue that getting the plant to work and produce the right grade is the main thing and a third test run should be successful as it wouldn't have been commissioned.

I'm afraid that allforprofit has summed up the situation perfectly.

Good idea. Why don't you start us off and estimate the price in a month's time then the rest of us can join in.

Jaglith are you married to louise?

GR is calling the shots! I've heard it all now. No money for test runs, here's the third. No placing but talks are advancing for funding. The doomsayers are wrong , wrong and wrong. In fact and I've noticed this in the past week as Prem gets close to completion is that message of doom are getting ever more ridiculous. Like George is still pulling the strings even though there's an RN S to say he's left. No money left, here's another and hopefully last test run, placing due and no other means of finance, wrong advanced talks of financing. Also important to note that whilst the company name is still the same pre m is now managed and quite obviously financed by a different set of people who actually know what they are doing. When the sillies talk don't be fooled the refer to the useless George Roach prem which is no finished. This prem has a completely different dynamic which will soon result in a viable funded plant with a consequent quite large rise in the SP.

Before all the sillies start although Louise who obviously has never worked in a business has started already, all that needs to be said is one step closer in terms of production and more advanced talks on funding. Should if successful though I suspect they wouldn't be announcing this if they didn't think it would work , be the start of a mega RNS stating they've got a viable plant with funding. Therefore a fully fledged business.

Shows what can be done with a competent management team. And for us a massively increased SP.

How do you know it's all gone? You dont! According to you they didn't have enough for trial one of two or for enprotec, but they did.

The trouble is with your argument is that the money was found both to do not one but two trials. You also told us quite clearly that enprotec had left site which was not true and obviously getting paid. As this work is ongoing the wallet is not empty. The plant is not running at a production level but the improvement works are continuing. If the whole thing was a write off they wouldn't still be there and we would have been told. I think those things are pretty clear and are based on RNS's and the fact that enporotec don't work for free.

Funding. It was argued quite clearly that no trials could go ahead because pre m had no money. Then magically money was found to run not one but two trials. I'm not bothered how enprotec get paid but they obviously are otherwise they wouldn't have staff on site doing the optimisation that was talked about in the RNS. It's all pretty logical and quite clear.

As ridiculous as you doomsayers were last time. Somebody said oh it was moved from another cost center. What from a company with no money ! Seriously this money is coming from somewhere but here's the nub of it i don't care where it's coming from accountancy tricks, Glencore, Canmax, loans or God forbid another placing. We are pretty close to production and if you've spent £100,000s over the past three months your now not going to give up.

For shorters and doomsayers this represents a massive piece of had news, money an d the fact that whoever is funding it expects success shows confidence in the plants very success o r they wouldn't bother funding it full stop. That s why enprotec are back.

Yes the sillies are at it again. Canmax are taking over in Jan, yer right, like they were last April and this September. There's no money for another trial yer right again, the sillies were telling us that there was no money for the first two but they went ahead with everyone agreeing to be paid in fresh air. Although the sillies did tell us that although prem was going bust it's still here. The sillies told us that enprotec had left site. Next day they were there was an RNS saying they were continuing work.

GR liked regularly updating us with minut and non essential information and plenty of rubbish. This new George is a professional , I would hope that the next RNS's are Glenmores further involvement and the completion of the plant. Not long to wait for either. Oh and a placing is due in the next seconds, minute, day week etc said the sillies into eternity.

More bolllocks. Been on site for 2 months and cant get one part of the plant to work. How the **** do you know? It could all work apart from one bit. More billy b******t !

Honestly I wonder if some people are brain dead on here. Ffs emprotec engineers could still be on site and the conversation for all we know could be with the head of engineering, the installation team, the bod, the truth is you ******* dont know yet you present this as fact when you haven clue. The best lie being ballymena when he told us that enprotec had left site. The next day we had an rns saying they were on site. Pie in the sky fantasits!

How do you know enprotec are not on site?

Clearly something's happened here. A leak or a decent RN S imminent. With all the pictures of drilling, cores, geologist comments surely all leads to a good outcome. Hopefully this is the start!

Yes, the silly doomsayers are out this morning. Been saying that George 1 will be the death of Prem for years. This announcement should be a cause for celebration. (The BOD obviously agree as there was no thank you for your service.) Now the experts are straight on to George 2. They've already been through his CV and being mining experts started slagging his cv.

Quite obviously this is the best news shareholders of had in years apart from trial runs being funded, enprotec on site, right grades being produced, Glencores involvement, a new MD, Can max electing to hold on to shares eff

To be honest I thought manifestor would win hands down and odds on. Beerdrinker with a sterling late run takes my vote!

Any guesses of the opening SP Tues and Closing next fri?