Member Info for biglad6

I asked a question earlier about a buyout price. Timmomo answered very kindly which is the highest so price in the past year. Which is .1. On that basis alone this is a multi bagger!!

I asked a question earlier about a buyout price. Timmomo answered very kindly which is the highest so price in the past year. Which is .1. On that basis alone this is a multi bagger!!

Question, Glen core have now got involved, issued a letter of intent and are clearly involved in the fixing of the plant, getting rid of George and appointing an experienced CEO. It is unlikely they are now just going to walk away. Indeed if it were too much for them they would have done so by now.

I know it's as long as a piece of string but if there was a buyout what sort of multiples of the share price are we talking about ?

We don't need you trying to second guess what glenmores investment strategy is for Prem. It nice for us all to agree that there is one.

This has had a monumental slagging over the years because of george. Useless from start to finish, couldn't keep finances under control, chose a load of useless f ers as engineers, couldn't get anything out of the ground apart from ( it was no laughing matter then!) a few sacks.

Remember shorte rs and investors GR has for all intents and purposes left the building. Hence we see quick progress, Can max got Glenmore in pretty quickly and look where we are.

I be worked for these type of companies before and when they looked at George's record he was toast straight away. With their connection s a decent CEO employed straight away, all the plant issues and parts problems on their way to be well sorted. If the trial run (they must all be keen as well to do it Sunday afternoon and get the RN S out) succeeds shortly which it will inevitably do with glenmor e engineers on site then they'll start putting proper product through it straight away.

A dd to this a massive buy to finish off the day and this news not out first thing the (for the first time in years) justifies a decent punt. Expect Glenmore interest to strengthen on production starting. So two massive, massive RN S S to come. Think about it Glenmore didn't get this working to walk away from it. Could see a ten plus bagger here over the next two weeks . Really GLA after George's sh++show over the last two years. We don't half deserve it!

The reason for this moving forward today has f all to do with George. Glenmore/Can max are undoubtedly on site with the engineers and quick access to the right parts. GR is on his notice and little more than a figurehead.

Those two have undoubtedly also employed a CEO of competence to carry this forward. The whole dynamic of the company ha s changed. They've made more progress in two months than George made in two years.

Now it's working it will soon be producing. I've put 8k in here this morning on the basis Glenmore who know what they are doing running this not George. I don't know how long trials take but before long we'll see production. Then Barry Island for a fortnight here we come!

This share is a notoriously leaky ship. A 10% rise is normally followed by consistent daily rises for a week followed by a big RNS. Watch out for next week. This share could make substantial products profits and the last RNS for once seemed amazingly confident. Even though I'm invested here I've been quite cynical about this company, but combined with the latest news and this unsubstantiated rise may mean big money. If it's right it will be big money!

I rarely post here but reading Ballymena s post is like something out of a comedy show. To use his own bread role analogy. Of course Tesco would be on you bakery site, they would want to check that that the raw materials you use are the ones you say you use, the machinery you use is fit for purpose, you health and safety is up to scratch eff etc. Glenmore are one of the world's top miners and need to see and sign off that everything they require is done appropriate ly. They certainly do not rely on George to phone up saying it's ok. They need continuity and quality of production. Glenmore is a game change r for Prem and it's shareholders. As long as they are about shareholders will be rewarded handsomely.

George will have exited the building by now. Glencoe (as it is in most normal businesses )will have sacked him out him out him on garden leave for three months , with package to be negoitiated. I just wanted to be clear on this as people are still on about George.

With George gone, who was the person holding this back big time and can max not knowing what to do stopped any progress.

Believe me Glen core wont be like that and will logically start dealing with suppliers and staff who are owed, getting the plant running and sorting out the CEO and manager structure. Indeed Glen core will want to take this in house pretty quickly and look out for an offer of 20p plus (only joking) possibly even 1p would be good at this stage.

It's quite obvious here that glenmore (or someone similiar) will be running this soon. George has gone and that wasn't his decision. Glencoe with expert staff access to parts, engineers will get this moving in no time. Part of the takeover after looking at the books and no doubt a discussion with George was that he was clearly incompetent and had to go.

This is just the first part, watch the rise in the SP. We deserve it after the lies and incompetence. I also believe this shows that the LOI is now more than that. I wonder what the price will be on an RNS takeover.

Yesterdays can only be good news considering George's lies in the past. Now instead of working for himself and doing what he wants now he has to phone can max if he wants a new pen. Clearly can max like the rest of us don't trust him. However if we got a JV with a decent miner. (This shouldn't be hard as the thing is nearly finished) This is why George has apparently someone lined up . Now if George was saying this himself nobody would believe this, but can max have obviously said you've got a month to sort it out.

So in a month there's a decent chance now canmax are running it that we 'll get a miner that commissions the plant, canmax get the product and George gets a payoff. This is a pretty realistic scenario and if so the SPwill rocket. Also as this is a leaky ship no doubt from George who can't hold his own water the SP will start to move before that. We 'll be quids in !

Yesterdays can only be good news considering George's lies in the past. Now instead of working for himself and doing what he wants now he has to phone can max if he wants a new pen. Clearly can max like the rest of us don't trust him. However if we got a JV with a decent miner. (This shouldn't be hard as the thing is nearly finished) This is why George has apparently someone lined up . Now if George was

In a better position than this morning. 8 months to find a buyer and sort the finances out.

That's where Chamberlain met Hitler!

Well done mate thanks for letting us know how brilliant you are, it is appreciated. No doubt you've got the biggest don't as well!

I've dealt with solicitors for 30 years as part of my job. Don't think this will be settled quickly. From their side their lawyers will look to string it out as long as possible so would you if you were on £300 ph. This is now you see cases like Rooney v Vardy running up millions. Once their s solicitors have seen now much is in the pot they'll want their share. Late next year is my bet.

I believe that AM has had his hand in this all along and the last year has been carefully planned to shaft us all. Of course the next thing will be him appointed to the new company. What did Cilla used to say "Surprise, Surprise ". Normally like someone eloquently said before we d have to suck this up. This time it's going to be different!

Wtf you know what it's moving up whether you or I for that matter like it. That s the only point I'm making. Ha f****** ha, indeed.

As a lt h here I've waited years for something to happen year. Short term movement recently could have been a pump but the consistent movement over the last few weeks suggests otherwise. Additionally the " no smoke without fire" comment builds on this.

Like many I average in the 20's so whilst 2p, 3p etc doesn't make a great deal of difference. A) we 're alive again b) by the end of this week could be at 10p c ) this summer we could have a sale agreed at 50p.

I don't believe all my money is lost as I potentially did a month ago. Onwards we go!

Tricky you ve lost the plot. You've made a number of quite wrong assumptions. Did I say anything about electing an uncorrupt leader. Do I think the British press is bias , yes , but depends what paper you read. At least we have a choice !