Member Info for DazedandConfused

Wolframite, I completely agree with you.

Gemell1 and deckchair66, please stay polite. I'm here to make money like everybody else. Have you been following PREM since 2013? I don't think so as you will be more caustious than you are. GR have been a failure all those years buying many "future profitable mines" and the assets have just been written off. He managed to dilute PREM to hell just for RHA and for what result? So until GR does deliver on Zulu, I will still be very sceptical.

Kspine, this is the only reason why I'm still invested (CanMax) but awaiting now for GR to deliver within 12 months full repayment of the loan $35m and the Zulu DFS including the EPO area.

Kspine, do you really think that the Zimbabwe government is going to pay PREM the money owed? Are you all leaving in a fantasy world? It's time to wake up guys. The mining licence for the EPO will not be delivered by the government until the brown envelope have been delivered.

Acker, I'm afraid so. If GR does put more money into RHA or MNH without delivering first a RUS or DFS for Zulu, I'm selling straight away. RHA have been and still will be a money pit as GR did advise me that they never managed to find the resource reserve so mining will be blindfolded. MNH is not profitable and will not be either. Since the acquisition of 19% of MNH in 2019 and all the loans GR has graciously given to his mate Mr Herbert, how much does MNH has reimbursed? Not a f*** penny!!! Do you want me to give me a list of all the money pit GR has invested since 2015 and all these acquisitions have been written off. GR just need to concentrate on Zulu and deliver the 4,000 tonne of spodumene concentrate each month at a minimum and the DFS is officially announced through RNS. If not, you can wait forever for an offer from an international company.

Johnt313, previous production date were not a lie then, just as an example?

I'm really happy with my holding, no worries for me. Just need some financial and production figures from GR to relax.

I can't believe that only a few did ask about funding during the podcast except me begging Mark to ask, last question from Brendan.

Hi guys, wtf? Could we not discuss in this forum? You have to be part of GR sect to be able to express your opinion? Just eating all the lies GR does advise? I don't think so, not for me

Will be nice for JG to confirm it :)

I hope you are right Acker as a few have left since the podcast. What is happening to our usual Friday SP or does people are going to wake up this afternoon that 7 days - 10 days RNS from last Monday could be as quick as next Monday morning?

The only thing I know is that on the 27/04/2023, PREM got £563,982.24

Johnt313, we do not know that as how much do we burn per week, any idea?

But I do agree that an RNS is due no later than Thursday next week to advise production has started and how much tonne of spodumene concentrate have been sent by trucks to South Africa.

Aimisaluagh, not too worried about the funding as GR just need to sign either a new agreement with CanMax or with a new Chinese company if a lot of $$$ is needed. Otherwise, a loan with be sufficient.

Tygra, do not trust everything GR said as production was going to start end of March, then middle of April and then, end of April. I don't think GR will be selling other minerals imminently. GR did say that about RHA and we all know how it did finish.

Look at 3. James Goosee or at RNS in COPL on the 09/05

Will we get a TR1 announcing that James Goozee has sold some of his holding in PREM? Don't forget that he and his wife have bought most of their holding at 0.04p

9 May 2023 16:15

RNS Number : 8398Y

Canadian Overseas Petroleum Ltd

09 May 2023

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

CA13643D1078

Issuer Name

Canadian Overseas Petroleum Limited

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights; an acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation

Name

Mr James Goozee

Rns announcing that production has now started will have been very welcome. Glad Mark asked my question about funding but why at the end? No worries about 100% going to CanMax as they will pay us 90% upfront. My only concern is that Snowking did a great job asking question about the future but what about now. So PREM got £500k last week but need additional fund already. What is our cash burn at present per week? Anyone got the email of Mark please?

Honestly, I'm hoping I'm totally wrong but just think about previous rise, they all happened prior to transformational info to be announced. Why on earth, this time, nothing is happening when we are supposed to go into production and make millions.