Member Info for Jenkoo

https://twitter.com/premafrimin/status/1519594586104119299?s=21&t=pCfeWP43xvWrm4cwg0g_BA

Hopefully we see the SP rise circa 1pm through to close which should lead to an RNS. Usual leaks apply
J

My only prediction today is that we won’t get all the answers we’re after!
Come on Roach. Don’t disappoint again.
J

But as you say, tomorrow will tell the tale and I hope we are all rewarded for our Faith
J

Appreciate your frustration El, trust me I do. This is my largest holding and I’m equally frustrated. However part of my frustration is that I firmly believe in zulu and the fundamentals. If you don’t, I suggest you review if prem is right for you and sell before the interview if your confident of no RNS which would no doubt result in SP dropping.
No hard feelings mate, I would just hate for your comment to put off inexperienced/new investors when the possibility of good profit is very real IMO.
J

El-gelboy, there is zero chance of abandonment of Zulu.
Suzhou did not invest in prem to find out a few weeks later it’s not worth anything. Sorry but I think you message is very misleading to investors.
Frustration here is around delays and lack of comms, not a belief in the lack of fundamentals.
J

Given there was no SP rise today near close and no large afterbuys (as prem is naturally leaky) I’m almost certain there will be no RNS at 7am tomorrow.
I can only hope we get the 5pm or intraday.
J

VDTK’s UK sales manager just announced he’s leaving… goes from bad to worse. Think this is a dead fish
J

Note - I am obviously very interested in impact to SP, I just meant to focus my question
J

Think your questions are good Bick.
What do you suspect the impact of another woolly interview and more questions would be?
I’m less interested in the impact the share price, moreso on the confidence on majority holders and board and if this would result in a movement against GR?
What’s your thoughts? We saw after the last interview very bullish holders venting frustration which is unusual
J

This Prem tweet is as informative as I expect tomorrow’s interview should we get no RNS.

https://twitter.com/premafrimin/status/1519238925570691073?s=21&t=byohAdjfw532--Fa_QTfVw

Anyone really looking forward to this suspected RNS?
Wouldn’t it be interesting if the interview was with GR and the Director from Suzhou. I think that would go down very well with holders.
J

RNS Thursday I think. Facts are:
1) we are overdue assays
2) we are overdue a plan/direction
3) We have seen increased drilling, commentary, and positive PR through various medias
4) SP not reflective of potential

This accompanied with GR setting up a PR event leads me to believe RNS prior to event.
If no RNS SP will drop to mid .2’s but i don’t think this likely given the above and general confidence.
Here we go folks.
Wouldn’t want to be out of this this week
Joking/not joking. GLA
J

Think your opinion is a little one-sided Han01 given your only looking at the ‘free exploration’ and not the 50% gift of the claim.
About Zulu - really good to see that tweet expressing good drill results so far and keeping on track. I think this reduces some risk of any negative Assay results expected later this week. I for one am expecting strong results based on the positivity surrounding the latest interviews.
Also interested to see if Rubidium makes an appearance on the results
J

Thanks Bick. Nice to know I’m not the only struggling to understand positives and negative’s of todays RNS.
As you say, focus on Zulu and we await the more exciting news.
J

Just seems strange that an exploration company doesn’t want to explore before making deals.
If we have too much on, then I totally get why we would get a third party to take it on and covers costs but 50% seems steep.
Anyway… let’s concentrate on the Zulu claim and how rich we are all going to be!
J

Whilst I agree it’s good business to flip a profit and keep 50% ownership, I can’t help but help but think it’s a little premature to sell 50% of an unknown. If what’s in the ground is worth twice as much as Zulu (considering it’s x4 the size that’s relatively conservative based on no knowledge) then that’s a $250k for a 50% split of Multimillions profit.
One thing I don’t account for in the above is PREMs ability to mine it, and I do believe they need to concentrate on Zulu.
Given we are cash rich, I would have assumed Prem would have been better to make a Zulu style off take agreement in return for their exploration (they hold the cost to explore)
This way, we keep 100% of the claim, they progress the exploration and Prem concentrate on Zulu.
Or at least a lower percentage- circa 10%
Happy to hear others thoughts.
J

Morning all.
Monday morning… can’t seem to get my head around the wording here… can someone confirm if we have agreed to sell 50% of the rights to the li3 project plot for $250k.
That’s obviously ridiculously cheap so I’m sure I must be reading it wrong. Thanks
J

Agree with that Nookie or we’re looking at an interview with no tangable discussions on any significant progress. If we don’t get an RNS pre-interview I won’t be listening live.
If we do however, then I’m sure discussions will be of interest and reflect in SP. It’s more about the next RNS than any interview for me personally.
J

Good post ProfitBags and exactly what holders want to see. I have a concern though that this is what we wanted during the last interview so a pre-RNS is a must.
Obviously any impactful news will be via an RNS prior to the interview so I’m expecting to see this on 28th circa 5pm.
Is imperative that the 28th news starts a chain reaction of solid communication of plans and progress. We can not move into a transformation period (as Snow puts it) in the dark or SP will remain unsteady and confidence low.
The whole ‘Jam tomorrow’ conversation is wearing thin.
Probably sound a little negative here (and LTH’s will appreciate my hesitation with getting carried away) but I do still feel very positive about PREM long term. I just don’t expect an easy ride like maybe others do.
Really looking forward to seeing how this pans out and remain bullish overall.
J
Ps - some really good discussions on here. Thanks to all that contribute no matter of different opinions.