Member Info for Jenkoo

I would think we won’t be getting an RNS until next month at the soonest… but you’d also be mad to sell up when so close.
GLA
J

There’s less bitc*ing and drama at my 5yr old daughters school then on here. Keep it civil people
Everyone can share their opinions and it’s ok to disagree, just be grown up about it
J

I have to say… I find it amusing that Daz comments and people instantly get ****ed off with him.
You’ve done quite the job Daz… I have images of you as some guy sat at his computer tapping away on the BB with a massive wooden spoon which you use to stir sh*t up. Haha
J

Agree Acker… I’ve written the next 2 weeks off so hope for news some time in July.
J

Thanks Snow. Appreciate the sellers dragged it down after opening, but would have though we would have opened up higher than the previous close.
Imo, the difference between some people today is down to how they interpreted the StockBox interview. Those that took the mention of a pilot as gospel felt they didn’t gain anything today. Those that took the mention of the pilot as an ‘exploratory review’ felt positive today as it was confirmed.
Anyway.. looking forward to the next announcement.
J

Snowking - why don’t you think the MM’s rerated the SP this morning off the back of the RNS?
I thought it was great news this morning to formalise the GR StockBox pilot suggestion and expected a much more positive response from both MM’s and holders.
Will MM’s be waiting for signatures and done deals before rerating?
Also, would you expect a rerate if Prem share positive drill results or just a flurry of buys?
J

Thanks Acker, i would suspect your correct on the climb to .4 given the potential is clear to see.
Important for GR to turn the screw and turn the 'potential' into a clear strategy with timelines.
J

Acker - What are your thoughts on Prem's new baseline SP? Obviously a decent run last week to bring the SP up roughly 20%.
I am personally curious to know, of those who bought last week, how many bought in to the medium long term, and how many not (which would help answer my Q)
Id like to think circa .35 brings us some resistance (and seems to be holding this morning) however as Steward suggests, we are susceptible to drift.

Degrasse - Any resistance from Level2 data?
Thanks
J

I think everyone expected to see at least 10% drop on opening post RNS, but im pleased its not gone further at this point.
I think this suggests the RNS dumpers are done.
Steward - Very susceptible to premdrift currently, however I think the risk is larger than the gains for traders imo.
No details by end of June, SP will tank.
J

Johnny - Its a pointer towards confirming it. If the grades were poor then why build a mine? They are at minimum, acceptable. Yes i'm surmising here, but it doesn't take much to work it out. I do agree, grades should have been issued with RNS though. I wonder if GR wants to do it as one big 'grades related' RNS!?!?!
J

I’m amazed how negative people are reacting here. GR said weeks back they were reviewing it, today he has confirmed it, and in the coming weeks we get the details behind it.
People moan for no interim updates, and when they get one, they moan anyway.
I’m really pleased as it shows the trajectory we’re on. It also confirms good grades of spod which people were calling out as the reason we had no comms as it was likely poor grades…. We not is the case.
Good RNS, now needs the follow up information in the next few weeks to keep SP momentum
J

Funded by Canadian dollars Snow?
J

On first read it’s great news…. Need to digest it a little more, but large pilot for Q1 2023… awesome.
As mentioned, more information to follow to give further confidence in plan. Now to re-read it…
J

Pretty confident of an RNS this morning… why? Because I need to out on site at 08:00 away from my laptop and that’s how Sod’s law works. Ha
Come on GR… good information on both past drilling and future plans please.
J

With GR left to his own devices, I don’t think I would have the trust to keep my money in prem after the next announcement. Delivery has been poor post exploration from what I read/understand.
However, as Suzhou are a new driving force offering experience and potentially funding, I’m relatively excited by the prospect this could offer great gains longer term. GR will benefit from their partnership no doubt.
I really hope news lands this week. The lack of comms is becoming frustrating, despite still believing in the end point.
J

Can’t say I disagree Milnrowmug…. But we are where we are.
J

Thanks ProfitBags..

A bit of info from me:
Not cross ramping as I’m predominantly invested in Prem but thought this was good info to share.
Bernard Aylward the Chief Exec of Kodal recently interviewed and mentioned in 2016 the markets long term view for spodumene concentrate was an expected price target of $600 per tonne. Experts now believe the long term target won’t drop below $1,200 per tonne and there is a clear expansion gap between supply and demand due to uptake.
Sharing this info for 2 reasons. 1) it’s nice to hear a small minor discussing future prices of Spod, which would help for our longer term calcs on revenue. 2) demonstrators that the market is Uber strong at the moment and Prem are right to make the most of these crazy prices. (Assuming they Pilot now they’ve built a pretty road!)
GLA
J

Good to reflect on that perspective amongst the RNS disappointment Profit…. A great week! Well said.
J

Also, that tweet is brilliantly positive. Ask yourself ‘why’ and I struggle to see any other answer… than pilot.
Only thing to ponder this glorious weekend, is if the above assumption is correct, then how come you can build a road quicker than you can update share holders… as you’d only build a road if you k ew you were building a mine right???
J

If we don’t get RNS tonight (which looking at volume and SP, we won’t) and then don’t get one Monday, the SP will fall towards .37 imo.
As a long term holder… I’ve waited what feels like 35 years, so what’s another week.
Have a great weekend everyone…. It will come
J