Member Info for Jameschoo

Get some sleep, all that BS has worn you out.

Anyway, I’m logging off for the evening.

You can keep recycling the same tired pizza jokes to help you cope with getting caught out on today's RNS updates. The reality remains unchanged, my 0.0159p entry is locked in, the Canmax debt has been restructured, and RHA's legal block is gone.

Enjoy watching the order book in the morning. Speak tomorrow.

You have completely run out of things to say about the actual company.

First, you lied about the plant being shut down. Then you got the placing wrong. Then you mixed up Zulu and RHA.

Now you are reduced to making the exact same joke about pizza for the third post in a row because you have zero data left to fight with.

Go ahead and have the last word if you need it to feel better. The RNS data is out there, my 0.0159p entry is locked in, and your desperate bear case is completely empty. See you at the next operational update.

And there it is, the absolute pinnacle of forum desperation. You can't disprove today's Canmax RNS, you can't disprove the RHA Tungsten restructure, and you got caught completely wrong about a placing yesterday. So what do you do? You resort to an imaginary conspiracy theory about summer interns, brokers, and secret duplicate accounts.

It is simple math, not a PR campaign. I bought the absolute asset floor at 0.0159p. Pointing out that today's regulatory filings fundamentally cleared debt and advanced the tungsten asset isn't 'pumping' it's tracking the balance sheet.

You can keep hallucinating about CMC interns and pizza all you want if it helps you cope with your failed predictions. The factual data is out there for everyone to read, and no amount of emotional deflection changes it. Enjoy watching the floor hold.

You spent all of yesterday confidently predicting an immediate equity placing, and when the RNS dropped showing debt conversion and asset restructuring instead, you shifted to mocking a 6% green day. Move the goalposts all you want, but the reality is your 'imminent placing' theory was dead on arrival.

As for the 0.017p level, nobody is claiming a single day of initial market consolidation is 'transformational' for the ultimate share price. The actual transformational part is the hard data: a structural clean-up of the Canmax debt balance and a major step forward for RHA Tungsten's valuation.

The market doesn't instantly price in micro-cap turnaround milestones in a single afternoon—it takes steady operational data. You guessed wrong on the placing, you got caught lying about the plant being dead, and now you’re relying on emojis to save face. I’ll comfortably sit on a 0.0159p entry floor while the fundamentals slowly grind your bear case to dust.

Jag, you claim I can’t read an RNS, yet you just got completely blindsided by today’s regulatory updates.First, stop lying about my 0.0159p entry just because it exposes how weak your bear case is at this valuation. The Canmax RNS dropped this morning explicitly shows interest being converted into shares at 0.0168p, with prior conversions tracking down to 0.0136p. A 0.0159p entry is the literal trading floor of this stock over the last few weeks—accusing me of fabricating it just shows you aren't tracking the actual order book.Second, your prediction of an 'RHA placing' shows you don’t even know which asset is which. The RHA Tungsten RNS from this afternoon confirmed the transfer of Zimbabwe Government shares to the Ministry of Mines to advance a value-delivering transaction, explicitly citing the strong tungsten price environment.Third, you are still denying the 10 June operational RNS where Graham Hill explicitly confirmed the production of first spodumene concentrate from the newly installed flotation plant. The 25 June update noted a temporary pause for continuous ore feed replenishment to recommence operations this month—it did not say the plant was permanently dead.You are completely out of your depth, mixing up RHA and Zulu, denying literal production announcements, and crying 'fake' at a baseline floor price. Put down the keyboard and go read today's actual data.

You got caught repeating a flat-out lie about the plant being shut down, and now that you’ve been fact-checked by the actual June RNS, you’re trying to shift the goalposts to board history and other users. Classic.

My entry at 0.0159p is pure math, not 'pumping'. I’m in below the June 0.02p placing price. Pointing out that the flotation circuit is actively running and producing concentrate isn't naivety it is reading RNS data.

Keep crying about past posters to deflect from the fact that your bearish 'shut down' narrative completely fell apart this month. Stick to the current operational facts or keep making it obvious you're just here to emotionally vent.

Jag, The plant isn't shut down; they confirmed first spodumene concentrate production in June. Stop repeating lies that are directly contradicted by RNS regulatory updates.

My entry point is 0.0159p. At this level, the market has already priced in the exact risks you are crying about—the delays, the management missteps, and the dilution. I am playing a risk-reward recovery trade at the absolute floor, while you are stuck arguing against outdated data.Glencore's LOI was always conditional on proven output. Now that the modified flotation circuit is actively running and producing concentrate, the data required to progress that deal is actually being generated. Stick to the current operational facts instead of recycling old bearish fiction.

8m 40sec

hTTps://youtu.be/djbidX8_isE?si=Gw-mUIsMUpFUh3gX

Exact wording from the video.

"We are continuously in contact with people like Glencore there are one or two other interested parties too,they are waiting obviously for us to get this plant up and running and show that we can produce. When that happens our whole world will become a massive oyster."

If Glencore had pulled out, Canmax would have used the June 30 milestone to force a default and liquidate the company. Instead, they just converted nearly half a million pounds of debt into paper at a 0.0168p average to preserve Premier's cash for the upcoming 30-day continuous run .

The trilateral talks are very much alive, the plant works, and the red tape on RHA Tungsten is completely gone. Plus Graham literally said in his interview he was still very much in contact with glencore and others. The more you post the more dishonest you become.

You are completely destroying your own credibility by trying to argue that product prices don't matter to a mining company.High commodity prices are the exact reason a global giant like Glencore is at the table and why Canmax just chose paper over cash to support the business . They back these projects because the profit margins become wildly lucrative when lithium passes $20,000/tonne and tungsten hits $3,000 per mtu .

Your claim that Premier hasn't produced anything ignores the actual RNS updates . The upgraded flotation plant successfully finished commissioning, processed its first 6,000 tonnes of material, and hit peak sample grades of 5.58% LO. The temporary pause is a standard engineering step to stockpile enough ore to guarantee a flawless, continuous 30-day run.Finally, your theory that RHA is a front for a fresh retail placement makes zero sense. The Zimbabwean President didn't issue a personal executive decree just to help an AIM junior run a placement.

The state ordered the ZMDC to urgently engage on capital matters because the government wants the mine open to cash in on booming prices.

The red tape is gone, the debt is being managed, and the physical assets work.

The market has spent months pricing PREM as a failing, single-asset company on the brink of administration. Today's updates completely destroy that narrative by proving that the primary debt is being handled cooperatively, the cash is preserved inside the company, and a massive secondary asset has just been fully unlocked right when global tungsten prices are trading at record-high premiums of up to $2,995 per mtu.

Jag, The claim that investors don't care about Zulu completely ignores the data. Glencore literally signed a formal Letter of Interest for an offtake deal, and the only reason the plant is briefly paused is because it chewed through its initial 6,000 tonne stockpile so fast that the team is now aggressively mining to build a 30 day continuous run buffer.

Furthermore, accusing the company of needing a "new scam" right when the Zimbabwean President personally intervened to hand the 51% RHA stake over to the active ZMDC shows complete ignorance of African corporate governance. You do not get a personal presidential decree from a head of state for a "lifestyle scam"

The technical complaints about the RHA plant location, open pit suitability, and the old "screen debacle" are ancient, heavily outdated talking points from nearly a decade ago.

The original definitive Preliminary Economic Assessment explicitly stated from day one that RHA was always a combined open pit and underground resource holding 22.14 million tonnes of ore. The core on site plant infrastructure and grid setups are 100% owned by Premier, meaning the expensive civils and foundations are already locked down.

Any incoming major buying into this asset to capitalize on record high $3,000 per mtu tungsten prices isn't looking at old equipment swaps, they are looking at a legally cleared, processing ready vehicle.

Finally, claiming this is a front for a fresh retail placement makes zero sense when the RNS explicitly states the state has ordered ZMDC to urgently engage with Premier to handle capital matters. The red tape is gone, the major creditor Canmax just chose paper over cash to support the business, and a massive critical mineral asset has been completely unlocked. The trolls are panicking because they are caught on the wrong side of a massive structural turnaround.

Acker, No mining company or global commodity trader like Glencore looks at a processing-ready site in a roaring commodity market and thinks about scrapping it . They look at how quickly they can utilize Premier's existing on-site setup to get the first batches of tungsten out of the ground and into the global market to take advantage of today's record-high prices. Premier's infrastructure is a massive logistical shortcut that represents massive upfront savings for any buyer, not scrap metal.

James

Holding a 51% stake does not mean a partner can just bully the minority .

Joint-venture agreements contain strict minority protections, meaning major decisions, like selling the asset or changing the corporate structure, usually require a 75% supermajority vote. The ZMDC cannot bypass Premier’s 49% consent.More importantly, Premier owns 100% of the physical processing plant. The ZMDC owns 51% of the dirt, but they don't own the engine to run it. If the state says no, they get zero revenue from a dead asset. Today's RNS proves that the Zimbabwean President personally intervened because the state wants this mine open to cash in on record tungsten prices. It is a symbiotic partnership, not a hostile standoff.

James

Acker, You are right about the historical context, and I stand corrected on that specific origin point.

The 51/49% split wasn't a choice; it was forced on Premier by Zimbabwe’s old Indigenisation Act, which required foreign miners to cede a 51% controlling stake to local state entities. However, correcting the history changes nothing about the massive commercial breakthrough delivered in today's RNS

Anglebox, At RHA, the core infrastructure, processing plant foundations, and power setups remain 100% owned by Premier, fully secured on site, and completely separate from the modular mill components that were swapped years ago.

I dont think Glencore would pay a single lump sum of cash for it. They will use a structured deal, exactly like they are doing at Zulu.

Glencore could likely provide a $10 million to $15 million cash prepayment facility. This raw capital would go directly into the joint venture to fund the restart costs and turn the RHA mine back on.

Instead of direct cash to Premier, Glencore can absorb or restructure millions of dollars of Premier's outstanding debts to creditors like Canmax.

Since Premier owns 100% of the physical processing plant, Glencore cannot operate without them. They could fund 100% of the daily mining costs, leaving Premier with a free carried 20% to 25% slice of pure profit from global tungsten sales.Even a basic $15 million entry package completely dwarfs Premier’s compressed market cap before a single gram of tungsten is shipped.

Acker thinks being a 49% minority shareholder is a bad thing, completely missing how standard mining joint ventures work.

Premier deliberately structured it this way so the Zimbabwean government holds 51% through the ZMDC, which completely eliminates political risk and guarantees state backing to get the mine open. More importantly, while the resource is 49/51, Premier owns 100% of the physical processing plant and infrastructure on site.

The state owns the dirt, but Premier owns the engine that runs it. An international major like Glencore doesn't want 100% of the operational headache, they want a clean joint venture where the local government is a partner. A 49% slice of a project trading at $300,000 per tonne for refined tungsten is worth multiples of our entire market cap