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Daz. Demonstrates you haven't really understood it and you're blinded by dislike of George. Still strange for someone not invested who has no intention of investing. Maybe you should spend a bit of your time and effort on kodal
Still hanging round the school gates lol
I don't deliver mining project. But I'm a senior project manager delivering multi million pound business change and IT projects
The plan and deliverables sound realistic especially given the work already done or being done.
Liked the original quoted 50mt was Conservative and could be nearer 60mt
And 100 staff onsite.
Be nice to see monthly update rns (to be honest expexted)
OK so if we have no revenue the loan still gets paid from cash? Where does cash come from?
Hey maybe it's just a technical and certainly don't intend to get into debate .... despite sarcasm
If I'm understanding..... its academic. With the revenue discussed prem and investors are in an extremely positive position however you cut it
Even better if loan repayments don't require revenue ?
Repayment of loan. Would impact profit as repayment of physical loan has to be within 12 months and is deducted from revenue.
Could debate gross and net and how its amortised and how assets are deprecated
Most of this would just confuse most investors due to complexity
Fundamentally though the figures discussed by SK work and work well for prem and shareholders
Again however you cut it. Loan gets paid easily and prem makes profit. Which is can reinvest to increase revenues further
Three by-product streams will be stock-piled and will go to inventory, pending completion of additional test-work and additional plant. These products are a tantalum concentrate in a magnetic fraction, a petalite rich mixed ore and a mica/lepidolite concentrate that is likely to contain Caesium and Rubidium. That this may be immediately saleable remains a possibility.
Not sure if they do or not. But I'd guess a seperate offtake agreement and perhaps seperate customers
As to when. Guess it's reliant on the assays. Last 3 showed exceptional grades
Think the rns suggested it could happen quickly. Ie little or no stockpiling
Interesting.
Guess you'll never invest. Don't think GR is going anywhere
And despite the issues I've got with comms I think George is making some good and interesting things happen. And faster than we once thought
I think a few surprises are coming that could blindside a few. That is only my own personal assumption.... I've no contacts
OK daz
My point being its strange to spend so much effort throwing stones when you've no skin in the game. It's like me spending all day in kodal or another share I don't hold. It would be very strange
OK its obvious I don't agree with your "red flag" it's a major factor of course. But unlike you I see no logic in doing a self destructive deal
Agree any supposed contract rate is assumption
My assumption is based on $4k. +/- 10% but I've confidence that the deal done will be of advantage to both parties and to shareholders. But yes we'll see. Not sure what you get from your beleifs but hey
Let's try a different approach .... we know you don't hold. But if a contract rate was confirmed. What is the least where you'd change your opinion and invest?
Or are you just saying doesn't matter. You won't invest in prem regardless
Roman when a person who has no shares comes on a board such as this and spends all day everyday posting nothing but negatives they've got issues and they too are using assumption to spread fud
As to sk etc making assumptions on price we can argue or debate all day. Prem is a business and the sale rate is going to be a viable rate
But I can't disagree that most things are open to assumption but we can also add logic to assumption
Daz comments are drawn from assumption with no commercial logic
Sk draws from assumption but has commercial logic
Let's all hope we get more information to help guide us with some facts.
Maybe we can soon start to close the door on a few on here that only ever post negativity and refuse the possibility of anything positive ..... and these types of actions do attract suspicion from real holders
As to daz hid intent and agenda is wierd. Maybe he should take his expertise back to the share he does hold as it appear quiet over there without him
Roman. My point isn't to ignore the price but that we'll probably never no price and its that which people like daz rely on for his fud
My point is its a commercial deal and a partnership and even in a worse case scenario it would cover all operating and capital costs, Royalties and loan payment AT A MINIMUM
And even in that unlikely scenario we have a mine operating and producing for free
That said. There'll be profit too
And this doesn't take into account expansion at a point soon after the first mine starts and sale of other minerals which could be very soon as clearly stated in the rns
Twitter backs you lol. Oooo legend. A poster (who could be you or your nan)
Think you'll find 100 support tweets for prem to every one against. But guess you'll call supportive tweets ramps. But that one is OK.
You really need to see the doc daz lol
As a follow on from my previous comment. And as certain people feel the need to try and convince this bored that the deal done is bad for prem..... this is a commercial deal and we are unlikely to get detail at this point. Commercially sensitive etc. (But some will use this to create FUD)
Just for a second forget what deal George has done in terms of the contract price (although i see it being competitive) . Its relevant but don't see it being shared. At the very least any deal done would have to deliver opex and capex for the mine covered, Royalties to Zim and repayment of loan - in the first 12 months. That is at an absolute minimum which would then give Prem a free mine and theyd then just go and find decent customers who are willing to pay a decent price
That would not be commercially sensible for any of the parties as Suzhou want a partner to supply lithium long term - theyve invested(or are) $50m - you are showing how naïve you are if you think this is how business partnerships work - they are not looking to nobble Prem
That all said and imo. The deal will be good for both parties.
You could argue Suzhou entering are a result of GR negotiating it
I think George isn't the best when it comes to comms. But I think he's pulled a few blinders recently
After a few fallow years (not all his fault despite what a few here will say) we are now seeing some really progress and we'll ahead of 2025 and beyond that some were quoting
Ray - Daz only considers it research if it results in a negative on prem.
For your information i do and have done extensive research Daz - you call it ramping - i call it researched and highly confident - there a difference