Member Info for cherryburn

Bridgedogg.....which 2 billion are you referring to ? The one in July/August or the ones in September or November to keep the lights on .Possibly 8 billion needed in total to settle current debts , including the GR loan and future working capital . Metalbasher beside himself waiting to see a sack of SC6.1 %.

Just had a chuckle when I looked up your post of 29th February when you were buying on the dips around .32p and Prem was going to produce SC6.1 right from the start ! Have you ever seen an operating mine or been to Zimbabwe ?

Hopefully an existing corporate holder increasing its stake in the Company or a new fund arriving on the share register.

You are obviously referring to January 2023 or perhaps even November 2017 when the great RHA Tungsten Project was in production , until one of my contacts Hwange told me that it was not ! If you believe anything GR says, tread carefully. Is GR going to raise further funds to repay his loan to the Company ?

Good idea and my 7 year old grandson and his 4 year old brother could show George how all the parts fit together. Can it be more difficult than a mega LEGO submarine etc. ?

Had a little top up this pm after the RIO top up.! Really looking forward to the DFS in 2025 and have at the back of my mind the Stifel current price target of A$1.65 and the NPV8 of $1.6 billion from the PFS.

ICB888....I am certain that potential end users in Japan, South Korea etc. have already expressed interest in this project and will also be awaiting the result of the DFS. Some of these organisations will want long term offtake contracts because of all the real ESG work underway and to obtain supply from "anywhere but China" Even with a 19.9% holding by RIO , this would not preclude a counterbid if it came to that. With Sprott at circa 8% holding at the end of last week and their price target of A$1.65 , matters look good at the moment. I will be very interested in other commentary by Stifel, Berenberg and SP Angel

Looking forward to seeing hundreds of bags of SC6 at port (which one ?) in a matter of days. Is that your matter of days or GR's matter of days ?

Metalbasher.... just because GR states that he will be producing SC6 consistently you believe him ? I can just envisage major banks scrambling all over the Zulu project eager to pour tens of millions of dollars into PREM. Enjoy your weekend.

Just Acker topping up so hardly relevant.

According to GR it was all ready to go in March 2023 , not unlike the RHA Tungsten project that according to GR was up and running in Zimbabwe in Q3 2017 , except that it was not. Looking forward to the Financial Statements tomorrow (or not !) as well as proof that bags of SC4 or SC3 have been sold locally (or not).

And just suppose that Stark realised that there was no way that the ore in the ground was ever going to produce SC6 consistently. ? GR has history of having "world class assets" which are in production in his words but turn out to be false dawns.

The assumption that Stark messed up big time might not be true and have any of the GR fans heard Stark's side of the story. ? Has GR already served notice on Stark for damages yet to be defined ? Just worth asking GR next time you or Acker speak to him.

GW has been spotted smashing down the Shiraz and doing a rain dance on site......apparently not a pretty sight but best way to keep away from any awkward questions from the auditors.

Acker......including the notes to the Annual Report due out by Friday 28th June via RNS or Monday 1st July at the latest (GR favourite ploy). Full disclosure on debt position may be interesting and auditors opinion on going concern.

Agree and it is all down to the MM's playing around with bid and offer prices which have been up and down all day like the proverbial tart's knickers.

Billy.....the great sales pitch is now in full swing. For the "investors" who subscribed at 0 .27p earlier this year, if we undertake a placement at 0.07p now , you have an opportunity to average down to 0.17p which is a stonking bargain.

Excellent interview from about 19 minutes in and Sapan Ghai comes across very well. I assume that there will be no shortage of buyers for the end product and I like fact that the planned 25 year mine life can be extended to around 70 years. Although the RIO stake is very welcome it will be interesting to see how Ben/Frank and Sapan deal with any potential bid from that quarter.

There will have to be a month of blue moons if you really think that anything approaching SC6 will be produced consistently by PREM with its Mickey Mouse wannabe pilot plant. Where is GR in any case apart from sitting around with his hi viz red top waiting for a stunning interview next week.?

Metalbasher......your posts in the last few days of February and into March are too hilarious for words. The price then was above 0.30 and a stonking bargain according to you. Obviously GR has totally led you and others up the garden path in a big way and he is probably laughing at you as well.