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ACKER
Why are you so bothered by debts now while the concerned debtors are not?
Then if Prem managed to produce SC6 with good quantity and constantly… the external finance will be happy to lend GR ..!
Let’s take one step at a time.
I think a raise will be at much higher sp. Just how I see things now but of course if GR disappoints again then he should be replaced.
Once Prem proved itself and starts production sc6..all his debts will be resolved…one way or another. I don’t believe another placing is imminent either. We have enough funds now to raise later at much higher.
I am only interested in the plant working constantly producing SC6 in good quantities..
Most mining if not all and big oil companies in massive debts but as long as they are generating revenues and profits to manage their debts .
Debts become serious when the company fails to generate revenue and profits…
Holding strong with confidence..
GL holders
Placing wouldn’t be an immediate priority for GR but getting some positive news first is , then he can raise at much higher price .
Good Production SC6 and constant working plant are my priority for now as this will also open external financial support…
We are moving forwards with the right expertise onsite..and it seems GR is listening as his head is on the chopping board if he doesn’t perform well this time..
The responsibility of all the mishaps must be with GR as he is sitting at the helm and questioning his competence after repeated share dilution and more dilution of our shareholders value to rectify his own wrong decisions and more liabilities towards contractors and Canmax…
I definitely wants him replaced not immediately but after successful production and start of shipments once we are sailing on calmer waves.
Giving him a way out and blaming Stark doesn’t wash out with me as he is the one who selected them..
Anyway we have to move forwards from here and good progress is being made and I am far more positive with my current investment. I took advantage of recent low sp and bought with my full isa allowance here!
Enough ranting!
GL holders
Longways to go…nearly 90% down from 5 years ago
I am holding here and can see a good recovery coming as the market continues to undervalue our assets and cash position with hopefully imminent positive news on monetisation..
GL
Worth watching as it involves GR running on Prem discussions..
https://www.youtube.com/watch?v=fvIQimW6c60
We voted for GR to add 4.5b shares ability to sell …so we can’t now come back and question this raise which in reality gave him authority To do it..
Not defending GR but stating facts. GR will use them all but hopefully at higher price.
He asked shareholders authority to raise cash when he can’t raise by other avenues.
I voted for this Yes and happy with it ,so no complaints from me as long as we get moving ahead to produce more SC6…
Tygra…
So why you are here now wasting your time spouting constant drivel…
Just clear off ffs…
No one wants to hear from losers or take a note from a moron..or a narcissist.
You are just a pest here…constantly projecting yourself as if you were an expert in Prem!
GL in your other investment as you are going to need lots of it ..
Steward1..I concur that GR is diluting shareholders value and is not good but if this what’s needed to get us over the line and then get rid of him sooner than later (as I believe he had enough of it too)and be replaced by a more competent CEO then let’s just hope that happens and reap the rewards…
It’s his neck on the line currently but imo Prem will succeed as now too big to fail involving many parties and local government …
Keep faith in Prem and not GR!
Your post reflects your cheap character with utter disregard to other views and opinions. You have lost huge sum of money here when looking at your investment here in the past when your stupid decision to buy and get spiked while everyone else is selling.
You are another idiot here and Prem hater.
Just clear off with your thuggish posts that no one needs to read.
Jaglith 🤡 I never praised GR but repeatedly saying I want him replaced but not now.
You keep on lying and fabricating the truth.
You are just a waste of space. I have no time for you because of your constant unfair deramping to support your short bets. Disgusting!
Seems to be talking straight and seems determined to get Prem over the line with every possible avenue to dilute shareholder since he sacked Stark. He probably received warnings from Canmax and other insiders telling him this is his last chance or else!
Today raise was definitely far less than what I too expected which is positive imo followed by good interview which detailed the raise purpose and aims to finally commence commissioning Zulu into good production with good grades..
Looking at this raise and the last RNS together..we are moving in the right direction from here.
We should see some recovery in sp in the coming days once the market digests the news and assess the prospects in the short term.
I can’t see any negativity in all recent events mentioned above but sure enough a few residents none investors would find something of their imagination to turn it into negative sentiment..
GL holders