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Everyone and their dog knows a placing is coming. George wasn't able to sell the sc2. the only sucker who would buy sc2 is PREM. That's why he did a video and not an RNS. George must have had his knuckles rapped for all the previous misleading statements about the plant in the RNSs. That's why George is sticking with videos. he can say anything he wants.
Hasiba - well if you opened that short when this was .35 in Feb/March you could have bought twice the amount you did today. easy money. and if you open one today today, you'll be able to buy double the amount with the next placing which should be in the next two weeks. but it's a free market, anyone can do whatever they want.
We'll we're almost down to the placing price. If you open another short you can make easy money with the imminent requirement for funds. if you listened to the likes of those claiming 'production next week, BIG month coming, Mutare is a monster' you'd be down 50-80%.
Hasiba - not sure who this Graham is but did he also turn spod into talc? Maybe George learned from him. George will have to do an EGM soon to raise the share ceiling. Sorters are not cheap. If they were cheap he would have ordered them last year.
George is putting in hand chiselled ore into the plant. The ore according to George is 80% spod. And then the plant turns that into talc. Pretty much impossible but somehow George figured out how to turn spod into talc. Or he’s fibbing about the quality of the ore. Anyone’s guess
Horult - what’s boring about the Zulu plant not working while prem accumulates 3 million of debt per month and spends close to 2 million a month producing at best sc2 and at worse talc. George already spent the money he raised in April. He needs to go back to the begging bowl asap.
Odds are that whatever they are producing is contaminated due to the sorters. According to the last interview from George, the only product they can produce is sc2. And even that is not consistent. When is the next EGM to raise the share ceiling to buy new sorters?
George will blame Stark for ages. but somehow forget that George was himself CEO for the last 10 years and has had near total control over activities at PREM. but he's only CEO when things go well (which is very rarely) but things go bad, George just finds someone else to blame....
Snowking posting about Mutare. hahaha. Must be a placing in the background and George needs some training liquidity. what better way than to get his dinner guest to claiming production in May and a JV deal for mutare. hahaha
Hasiba - who told you we are at the cusp of production? Remember George saying that he wouldn’t need the last day in February to start shipping , then a month later he admitted that nothing was produced and the plant was not working.
Nelly - this is the same sort of advice that prem got when they didnt want to pay china zenith. And then promptly lost the lawsuit file by china zenith. Canamx will just take prem to court. Prem is running out of road to hide.