It's a good sign we got the line about improving grade and plant performance in the latest RNS as that would have had to pass regulators. I think it's just a situation of it making obvious sense to push on going for full nameplate as soon as rather than sit on this. Civils can now he completed in advance. I would guess Canmax is happy to achieve full production sooner than later and approved following the site visit a short while ago.
I think we'll hear more about the improving grade, optimisation and likely support of Canmax on Mon, perhaps coupled with an RNS. Then the SP can recover to a sane value more in line with the declared 200 mill USD stated by the Chinese. Also more reflective of the 4,000 tonnes per month just around the corner. Bullish from current prices.
Goingtomoonufo new Mill arrives within the coming weeks and installation for end of Dec lots of optimisation achieved with the current mill for the total plant and so can slot in nicely and begin producing concentrates without delay. So quite a short wait take your positions.
PD I'm with you. No buy quote available and more are taking advantage of the steep discount on offer.
Fill the gap at 0.68 and almost a bag from buying here.
Return to 1p and almost 2 bags from buying here.
All it takes is shipment and good RNS to reverse the trend back up to those levels.
Don't see what the fuss about. Going by the RNS
-spodumene is being produced, good grades anticipated
-optimisation sounds like is in the home stretch
-decent odds of November shipment, if not then we're fine anyway
The bed wetting is hilarious. Seen it all before. The whales comes in buy all the shares up and for others to buy back in much higher and then it rockets.
To add to this, things were far more dire in the Summer, no cash, no spodumene being produced and risk of going to court was very high, yet the share price was much higher than it is now once nerves settled. Now we're cashed up to ride the storm with contingency cash set aside for a missed shipment, spodumene IS being produced and this is confirmed by the RNS and the relationship with Canmax is strong considering they're a 17.5% holder of PREM now. So I'll be buying as the situation compared to several months ago is looking strong.
Also to add the final plant optimisatons must be minor if its still possible to ship by Nov 25th, so the drop is overcooked.
There's the case for a higher SP than Summer.
Seen it all before, panic sells get eaten up and then it reverses. I remember in summer when it reverseved back to 0.61p in a flash after dropping around here. So I'll be buying as now STARK have serious skin in the game, we're cashed up and still look good that we have a shot of 1st shipment this month, considering we're producing concentrate as we speak. :)
"Lithium concentrate is currently being produced at Zulu that meets the quality required, it added."
https://www.proactiveinvestors.co.uk/companies/news/1032029/premier-african-minerals-focused-on-first-shipment-from-zulu-1032029.html
Exactly and Zim is a much better jurisdiction than Mali and ull ownership of Zulu compared to just minority ownership for Kodal. So there is a strong case for a higher share price here and with production a year earlier if not more. To the moon!
For thost that believe in PREM, Canmax and Stark and have spare funds how fortunate to be able to buy down here. I see a lot of those that were out of kodal before the RNS are now paying .70 and over. I expect a similar story here going forward. Good luck all.
10p+ no problem, as the market cap would be a mere 20mil which is f all considering what's happening here. A world class graphite deposit with US Gov and soon major Chinese backing. The market cap should already be in the 50-100million region like others.