RE: Prem9 Aug 2023 09:42
@Making cash, people seem to assume that Canmax will vote against Prem, but if they are more amiable terms they may vote for or even abstain from voting altogether to remain neutral.
All we can do is surmise the outcome.
I personally expect the overall outcome will be a deal to be done with Canmax with the possibility of a few more million to get the plant up to full speed. We still have the other 50% of the offtake to offer at the end of the day.
If this does not conspire, then I am sure other companies will be only to happy to take the place of Canmax.
I think Gr is keeping his cards closely guarded and I am sure he will have an ace or two to play.
Itβs a very interesting and intriguing situation, and one which I am sure will see a very positive outcome for Premier.
We definitely have the resource and have a large mine close to or producing sc6 and have never been in a better position.
So it will be Canmax or another, then on to the next stage of our development.
I would love to see more news on the Epo area and Li3 as well, great added potential to forfill.
GLA