Member Info for DaffyPicker

I should point out that this is from last year. September 2024.

Pursuant to the RNS last month, Enprotec, the supplier of the flotation plant, has informed the Company that, in their opinion, no additional fundamental changes to the currently installed plant equipment are necessary to achieve the intended recoveries and grade. Enprotec has been conducting a series of laboratory tests to better understand the core processes of the plant, including reagent dosing amounts and points, agitation speeds, flow rates between components, slurry densities, cell residence times, and alternative water sources introduced into the flotation section. These tests are crucial for further optimising the flotation circuit.

Enprotec has notified Premier that they anticipate completing all laboratory test work by the end of this week, at which point the lead time for restarting operations will be determined.

Sorry, I think it is nearer Total Value ≈ $3,447,750,000

The above values are based on prevailing commodity prices as of mid-July 2025

"Munni Munni is for later when 'PGM Potential' is given value."

Munni Munni has about $30 billion in the ground , so let's call it $10 billion recoverable!!

A 21m intercept at 1,047g/t silver is extremely significant by any global mining standard, marking the target as a high-priority, potentially transformational resource opportunity for any project or investor considering personal involvement.

They can only sell once. Let them out at 0.95 instead of 0.13 is fine with me.

Already done all of yesterday's volume!!!

If follow-up data continues to show world-class grades and economic viability, analysts point to significant rerating potential. Some models suggest the company could trade at multiples of its current level if a path to production and resource growth is demonstrated.

Another StockBox interview to answer a few questions and explain how things are progressing would probably go down well at this point.

Rather than leave everyone just waiting until " after Summer".

Although he may now go on 3 weeks annual leave!?

"I'll top up on the next news. "

What you really want to do is top up just one day before the next news. 😶

" Having read all the negative dross from certain posters I was beginning to doubt my investment. "

Depends on your individual timescales and risk profile.

I'm more interested in what happens in a few years time when FG and his team take this mining solution into the truly quantum realm, and what impact that will have.

"Hanc0ck joint venture next, could be BHP or Rio."

I thought it was also Anglo American?

" I wonder if it will be effected by leaks?"

What we do know is $500,000 is still required to buy the secondary flotation plant.

$885,122.99 in costs are either freshly paid or looming ( stuff like plant readiness, testing, reagents etc).

And there are all the usual ongoing costs including staff, mining, utilities, further plant optimization, blah blah blah.

Apart from that, there is no point in speculating that further funding will be required if the secondary flotation unit develops a leak. Although obviously that would require more working capital.

If we get to testing, running and stabilisation, and turn into a producer of SC6 - then at that point Glencore may get interested. Before that I doubt they would be a source of finance.

The Parties agreed to include a clause stipulating that the REPO shall automatically roll over every six months in the event that Professor Gardin does not exercise his right under the REPO to repurchase the Ordinary Shares.

December 3rd is also "after summer" .

"I wonder if we'll get a contract before the launch...."

My reading skills are 5hit. I thought it said "I wonder if we'll get a contract before the lunch...". 🤪

"This is why PREMMINGS keep losing money, they cannot read and understand an RNS"

I can't even spell RNS. 🤪

Buys ahead of sells. Once those who bought at 37, 38 and 39 in the last few das take their 10-15% profit, it should carry on up.

Glencore are quietly backing away because none of the benchmark targets are being hit.

"To improve the recovery rate and further ongoing optimisation, the initial plant test run has stopped ..." 🤪

"they are not ‘investors’ in the project"

Well, whatever,, we get another £10 million to develop our projects.