Member Info for Jeremiah99

Nice one George. It's a pity that funds didn't stretch to further delineating the Amitsoq resource this year but I suppose demand for graphite isn't going to go away any time soon. I tried to find estimates of historic graphite production at Amitsoq a couple of years ago but didn't come up with much. At the time I envisaged the resource being fairly small at maybe several hundred thousand tonnes. There was more subsequently discovered but no mention of possible tonnages.

So it doesn't sound like there is a deep pocketed partner in the wings picking up the bills. On the contrary, it sounds like we are still scrabbling around trying to rob Peter to pay Paul, after doing a moonlight flit to avoid the US courts. On the face of it all a bit low class and unprofessional.

I couldn't vote for anyone who's been in bed with Diane Abbott..

I'm surprised that after 6k+ views of the interview on YT there haven't been more buys since then. Compared to a lot of the incompetent CEOs and scam companies on AIM this seems like a decent well run outfit with promising projects. Hopefully our day will come..

Assuming the gas is there, a more amicable solution would be letting the Chinese take it over, as I believe they need gas? I think Georgia is also on their 'Belt and Road' highway? Snatching it from under Russia's nose and then undercutting them by selling it cheaper to their main customers would not be at all conducive to world peace and security, IMO.

I think each of the four main assets look like they could multiply the Mcap several fold in time. IMO, if the Kimmeridge zones at HH flow as well and as long as the Portland is expected to, being 10x the size of the Portland, that alone could rerate the s/p. Some unexpectedly big gold grades at Clogau would hit the headlines and provide a boost too. I like the mix of assets, Portland and TBS look like the bread and butter while Clogau and the Kimmeridge may provide the icing and the cherry on top of the cake. A moveable feast, as George said. , :-)

With it being such an important drill any other explorer would have RNSd the start of it, so likely they didn't even get around to it? That means they have achieved next to nothing this year (again) with another six month gap over winter while they hole up and toast their feet by the fire. I'm just glad I'm not Mr. Webley.... poor guy.

Thanks JaL, an interesting and informative interview. George did a fine job in going over the potential of all the assets and the likely future strategy options . Seems we have four smallish but carefully chosen, good quality assets. A small but talented management team and very low outgoings. Investors waiting in the wings should a fund raise be required - I wouldn't mind a few more myself. ;-)

And what may be the price (Oxus/Uzbekistan style) for such co-operation, one wonders? Not half/most of/all of the hydrocarbon assets held by US companies in Georgia, I hope. :-(

No update on whether we got any ST drilling done before winter and it's been two years since the last attempt. He couldn't run a bath let alone a mining exploration company. We've had nothing but bad to mediocre news since the big raise two years ago. Make your own mind up whether the continued lack of investor communication is due to arrogance or cowardice. :-(

...and we believed it

It seems (much like N. Korea) that the ordinary people are caught between an oppressive govt and harsh external sanctions. Perhaps the sanctions are purposely aimed at fomenting civil unrest and regime change? But that means things will probably get worse before they get better. Let's hope events turn out more positively.

I don't know much about the sanctions except that they are probably targeted at the corrupt and vicious ruling elite but have a damaging knock on effect on the population.

The S. African govt are rightly anxious that civil unrest in Zim may spill over into adjoining countries and destabilise the whole region of southern Africa. They and other regional powers need to work with the Zim govt to get the country onto a firmer footing.

Regarding Arcm I think you are mistaking me for someone else mal, I'm not particularly bullish or bearish, the jury is still out there too. As for my 5714 posts, that's over 10 years or so, so 1-2 posts a day on average. You're not very good at this are you?

The truth is that Prem could go either way - to da moon or crash n burn. History leans towards the latter so to pump up the prospects without any caveats whatsoever is clearly disingenuous. Sure it may spike on good news short term but the jury is out on whether sustainable progress will ever be made.

mal, the main reason I find myself posting what I truly believe are honest and realistic posts (when I have better things to do) is to offset the avalanche of hyper positive, all's rosy, Pollyanna type twaddle being spouted on here 24/7, presumably targeted at noob investors who came down with the last shower of rain. I suspect most of those ramping don't plan to hold much longer than the next spike, anyone with real belief in the long term prospects of Prem would just be holding/accumulating quietly in the background, and not live on this BB constantly trying to drum up enthusiasm.

I'd argue that with better rulership in Zim and a capable and honest CEO, Prem would already be on the way to 0.50p. There are good reasons why we are where we are...

says the top elites are still syphoning the wealth from Zim but there are cracks showing in the ruling Zanu PF party. Some have seen the writing on the wall and are trying to implement reforms but are being stymied by others in the rulership. One things for sure, things can't continue as they are - little electricity and water, and 30m on food aid. The leadership is making he right noises but are they ready to deliver?

$1.25bn? You are the Madpunter of the Prem BB, CF73 (little FRR in joke there)