Member Info for Jenkoo

Profit, don't forget that the Damn is currently capable of holding and supply Prem with enough water for production and the current construction is above what is required. This was confirmed by GR, i think in a recent interview (cant remember for sure). Likely this additional construction will be for supporting local people and mine redundancy.
J

DjfWatty - It was the government permissions, but confirmation these have now been received, so yes, just the Hydrochloric Acid Reagent to get confirmation of now. Mr Roach expected the reagent this weekend. Maybe Prem are already using it, but unless we get a cheeky tweet today, we likely wont get confirmation until tomorrow.
Ultimately, as long as it arrives this week (in order to keep SP momentum) I'm happy.
We are very de-risked here v's 1yr ago.
Worst case now, we have major plant go live issues and we don't hit 1st delivery by May end. That 'could' trigger CanMax to issue a 90 day loan repayment trigger. I would expect in the current environment and based on GR's statements about 'alot of external interest' we would quickly enter a new deal with a new offtaker who would advance the Canmax repayment + the late repayment interest. However, all of the above is hugely unlikely, as Canmax only care about SC6 and imo will likely be pestering GR to secure the remaining 50% with the golden carrot of a mine expansion.
I am a very happy investor here and looking forward to that RNS stating first delivery has been made in May. This will, for me, cement the transition between explorer and producer, and change the way ii's see Prem as an investment opportunity.
Its all very exciting!
J

#Premadiction
J

I’ve been pretty quiet on here lately as I just feel there isn’t much to say while we wait for the 2 remaining items to be delivered.
Without a doubt one of the 5 most exciting uk AIM stocks to watch this year.
I am in particular looking forward to the dividends ear year from 2024 onwards. Possible we will get bought out, so hoping the SP sees a Snowking projected rise in the coming 2-3 months.
Is it Tuesday yet…
J

Raaydaar - so you’ve sold millions of shares because they are weeks late, yet they are about to make multi millions per month for many years? That’s if they are not bought out…
Bigger picture maybe????
J

https://twitter.com/jenkoool/status/1643277125422555136?s=46&t=-sYSpaRy9cwxnWCOaKv6Gw

J

I suspect the BCP went out the window when they needed all funds to keep the business afloat.
J

hmmmm
J

agree Acker, Don't be surprised if you see Prem and Canmax expand the current loan agreement to cover the shortfall via SC6 repayment. Canmax are 1st in line, and likely will not allow others to tread on their patch imo. Agree a couple of mill will solve any issues. Exciting month ahead....
J

I wonder how the newly awarded 'liquidity flag' which becomes active at 08:00 will affect trading today. The share has now been opened up to many new companies to invest in alongside FTSE100 / ETF's ect.
I'm also expecting an intraday RNS on permissions and start of mine. A little birdy tells me this permission was expected over the weekend. In the meantime, if that is the only thing holding PREM back, there's no reason they couldn't be crushing and stockpiling the ore ahead of the flotation plants right? (this is what requires the license i believe)
Just some Monday morning thoughts
J

The below is based on the continuation of a bear market 2023. All imo.
To add, i have no intention of selling any shares for many years as yearly Dividends will be higher than todays mc.
J

May 1.3p - catalyst = first shipment to CanMax
July 1.8p - catalyst = revenue of multi million $’s
December 2.5p = loan paid, expansion underway, Li3, DFS ZULU, PFS EPO
2024 end 5p+ Catalyst = strong dividends, live expansion of plant, FS/DFS EPO + so much more
J

20bagger quickly is maybe too far stretched for my calculations Mickey. But I certainly see 1p by August based on financing agreement end on June/early July.
J

Looking forward to seeing how this company turns it around after a small fall from grace. I have a few £thousands in it and believe they will make a success out of it. Most aim companies take a fall before a leap. Great opportunity to buy at this price.
J

What a week and half it’s been. A lot of great news, some controversial news and a heck of a nice re-rate.
Enjoy the weekend everyone. Don’t know about you but I’m ready to switch off for a couple of days!
Don’t forget it’s a 4day trading week for the next 2 weeks due to Easter. Enjoy
J

Nice
J

I clearly can’t type on my phone either reading that back!
You get the point Lol
J

Things over a liontown as Albemarle are getting serious…
The race for lithium is heating up. Link below, (apologies for the crossing of apps, I can’t copy/paste the text on my phone for some reason)

https://twitter.com/jenkoool/status/1641664643121774592?s=46&t=-sYSpaRy9cwxnWCOaKv6Gw

What’s are you eluding to Craignews. Are suggesting something to do with Prem and Newcrest?
J

Get locked out at your own risk
J