Member Info for cringsing

Why is he asking for this period to commence 2y AFTER the date of the AGM ? Is he struggling with the language, or am I struggling to read ???

How to read PREM tealeaves.

- If George is quiet

- If Acker is quiet

Take your money and run…

With the teams GR has called in, he will have to pay them a lot, probably over 1$m. I can’t realistically see any shipment going out in March, as the work all these newly hired specialists will be doing, inevitably will require the lots of interruptions to production. So let’s say GR is lucky and get produce shipped in April, then the question is when he will receive Canmax payment for it. (and I can’t remember the terms, but could be 30 or 60 days).

Bottom line, an EGM is in my view unavoidable now, and I reckon he will ask for $3-5m. Rather amazing as he less than a month ago said he thought the plant would be self-financing from that point.

Well, nothing new in bottom feeders paradise…

@Jaguarflush

You are talking as if what PREM is trying to do to produce high quantities of refined product, is a slam dunk…

The Stark team aren’t dimwits, and I’d be surprised if the Stark team hasn’t already pushed the limit quite far on what is physically (and chemically) possible.

But your optimism is inspiring :-)

Looks like investors are starting to realise that all the OEM professionals that GR has called in, will need paying for sending their teams to Zimbabwe to sort out the myriad of issues the plant now (all the sudden) seem to have…

Given production should have commenced a year ago, it’s a bit late to completely change his commissioning team.

One wonders why the CEO is still the CEO.

Somebody must have found the satellite photos….

Maybe..

Maybe not..

this was never going to be smooth sailing.

happy for you to have all sorts of opinions, but for me there is only one opinion that counts. that of canmax.

if the mine, it’s ore/grade, it’s operator or the management team was all ****e, canmax would have been over the hills for a while now. but they aren’t !!

factor in, do canmax know more than you do ?

i reckon they do.

Take-over 😂😂😂

Good one….

A bit of teething probs with a barrier-breaking technology, backed by a multibillion dollar company who badly want the product, and a certain demographic of investors spit the dummy out.

I’ve had my fill, so thank you very much 😂😂😂

@Mad-man.

Trolled, not con’trolled….

i wouldn’t get too excited. oilman jim is one thing. louise10 is something else, less legally reachable and approachable. it probably is the same individual, and that individual may have a slew of other id’s for same or other stocks they manipulate, but will be damn hard to prove and stop. so in my view, louise10 will not go anywhere but continue to manipulate to his own trading strategy. it’s no different to the millions of influencers on all sorts of other platforms. if you believe in their ****e, it’s sort of your own problem. and in all honestly, it’s probably the way it has to be in this day and age….

@Watcher36

The entire financial system is defo about to crash. The only 2 questions are when and how far. S&P took a 5% hit in September, comm property bubble ready to burst, and when the 5-7mths lagging indicators catches up with residential property reality, we are north of 10% inflation. Rent and owner/occupier costs are the two heaviest weighted CPI factors in the inflation numbers currently about both about 5% up from 12 months ago, but mortgages are now 40-60% more expensive, and rent is up with 20-30%. None of these figures have yet been included in the ONS work, but they will soon. There is no way this house of cards aren’t coming crashing down, which is also supported by the Buffett Indicator or the Schiller P/E ratio. I am old enough to say this crash is the 4th one in my investing experience, and I reckon it will be larger than 2008/09 which in fact ‘only’ was a banking crisis. Also, this time they can’t just print gazillions of new dollars, as they haven’t withdrawn the gazillions that they injected on temp basis 15 years ago… Yeah, this one will hurt…

Is it me, or are we now lower than even before the happy news the other day ?

Powers way above GR, AIM, LSE or the combined stock exchanges are in play. Be careful..

https://www.cnn.com/2023/08/15/investing/michael-burry-stock-market-crash

Well…

Not red yet…..

Unless GR releases a couple of the usual mid-day RNS’s, I see this closing in red today.

Well done prem.

Acker

I thought Canmax prepaid for products we did not deliver….

To all your posters going on about covid stuff, if you find yourself unable to navigate all this vaccine nonsense, you most certainly shouldn’t be investing in the AIM market, where everything you are told most likely isn’t entirely true and the regulator (also most likely) couldn’t give a sh*t about it… 😂😂😂😂😂

Are people going mad here ?? FFS, man yourselves up a bit !!

And onto the facts of what we have in common here, the pending news from Zulu.

There is currently no way for us to know if all probs are behind us and we are now producing the desired grade and tonnage as per contract. For that knowledge we need to wait.

What we however know is this:

Zimbabwe is very keen on all Lithium activities in the country to succeed as it’s a great generator of new income.

Stark is very keen to get the mine to produce the quality and quantity agreed as they are bleeding edge on the deployed technology and undoubtedly will be given a lot of new opportunities when the Zulu project is done & dusted.

Canmax is super-hyped, riding two horses here, both as largest single owner and largest customer. They OBVS will do whatever they can to make Zulu a huge success.

The boss himself is OBVS also highly incentivised to make Zulu a super-successful mining business. He has decades of experience, tons of business acumen, and clearly knows the industry inside out. The CEO is a huge asset, not a hindrance !!

With all the friends (dynamics) pulling in the same direction, Zulu will inevitably be successful sooner or later. Given the recent efforts, my money is on ‘sooner’ rather than later, but I am really not that worried. The involved parties are all on the same team. Nobody is going to beat each other up with contractual nonsense which only hurts the entire team. This is one of these rare moments where we can just sit back and wait for some very good news. If not tomorrow, then within long……

What is GR’s twitter account ?

Not sure about others, but I absolutely would sell a 50k stake in any company if I had spotted a quickly moving in-day trading opportunity elsewhere, and I would then buy back in later. GR has almost guaranteed no news before Friday, so I’d happily take money off table for a day or two.