Member Info for Chuggley

I'm not too concerned with weather. Any project plan built would take known factors into account and ensuring critical path builds in contingency

Same goes for operating and producing.

I think sooner. Later today or tomorrow

Can't remember if previous ones had much prior warning??

Interestingly. $75m. Would give us sufficient to pay off the loan easily in 12 months. But to also start reinvestment within the first months and increase production further.

I too agree with the assumption of discount and price and how it might work

I still think we'll also see sales of tantalum and or rubidium in the short term to add to the spod

When all the proof you require is public this won't be any where near today's price

But OK I completely understand some people have total risk aversion

But I'm not young. I need to take a few educated risks

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

So glad you know what we don't daz

You're my hero. I'll sell my holding now and buy kodal

Thanks daz

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

I'm talking kodal as that's your investment..... probably down

If you'd invested in prem you'd be up

Sour grapes thats why you're here. Simple

You see not one positive I'm prem. And your not invested but you spend all say virtually every day here and try and only post negatives

Unhealthy and you're no samaretin (not sure of that spelling)

Or is it just attention you crave? Sad if so

Daz maybe you should stay on the kodal board and stop with the jealousy
I don't see all us over there. Both projects exist and I'm sure kodal have good points
Maybe your energy is best spent over there to help keep that board positive

Reading the concerns over the loan and collateral given. I don't think many have read the rns and understood it

There are some very decent get out clauses for prem too

But let's be honest this is a commercial agreement where there's now a relationship its not designed to screw anyone just protect

As to discounts.... they'll not be punitive else prem may as well have got a commercial loan and paid commercial interest

It's a commercial deal. You're not going to see detail
Suppose it just gives moaners something to cling to and moan about
As to Daz. Don't even understand why you're here. No way you hold.... you do nothing EVER but criticise.... agenda at its best. Or just a very sad lonely person if you feel this need

I suspect you're in at least one of the telegram groups feel free to prove me wrong via a DM

I'd wait for George's interview next week before you spread FUD

Pilot mine was already a public concept. Further confirmed or rather suggested in rns 13 June
https://www.lse.co.uk/rns/PREM/interim-update-zulu-lithium-project-o1illwlpjlipxul.html

But I do think pilot is a poor misnomer this is hardly pilot at approx £200m PA