The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
So what, as the Chinese dont know Africa. They could have just put interest on the delay and accept it. They want/need the SC6. What was GRs ask. Have the money longer borrowed than originally ask. Nothing has changed. PREM will be able from next week onwards to go live; Canmax still need the SC6, GR is happy to deliver and based on the original construct to pay via delivery of SC6 against the upfront payment.
Both parties was sitting down , realised the ask is easy going and next week we see a RNS - all sorted + Plant Live
Sometimes is the most obvious answer the right one.
Someone manipulating the Shareprice to get down. Big Volumes bought will be sold the day later.
Most likely to have cheap entry for some which want to buy way more shares. You only spent money to do this when you buy way more and save a lot of money.
This someone could be Canmax
Thats the reason that alone last week were 4 companies sanctioned in Mali connected to Wagner. OFSI do not care if its was forced support or not. And FCA is quick with suspension. You take a serious problem not serious 🧐.
Its clear that lawyers has already concluded the impact and its well explained in the recent RNS.
Shareholders are reminded that the immediate effect of the Force Majeure ("FM") is the suspension of Premier's obligations under the Agreement
PREM will nicely operate and has for now NO commitment anymore to Canmax. PREM will start to produce and sell to the highest bidder.
George and STARK has clearly explained that we are live in 2 week with 50% capacity which will increase to 125% from Q1-2024. There is no other company which went live that quick. KOD will take forever till there mine is life and optimised.
PREM will produce and yesterday was just confirmed that demand of lithium further increase! We are in an extremely lucky situation. Nothing to debate / lets enjoy this ride.
Adding more today indeed. This will make some of us to millionaires!
Https://www.youtube.com/watch?v=3UUaOU4vtcw
Great update so far / super confident all will be fixed in nominated timeframe