You know they love me really on this BB. And the good news is, I'm not going anywhere. I'm here for the long haul, just like the Chuckle Brothers have been elsewhere and also for the others who pop their head over from time to time.
Can still see posts of "should be over 1p" and "I'm not selling till 2.5p"! Not a clue.
Disappointed to see Snowking showing his face in here again. Is it ramp time?
Nevertheless, I await with interest if Canmax have given the go ahead for the decision that the last RNS showed is probably being taken. If they have, full steam ahead with fingers crossed the new mill works as has apparently been guaranteed. if they haven't, there could still be more pain in the next few months. For what it's worth, I think they have. They want Spod, not repayment of loan.
Clueless - KOD have at least 2 years of what we have been going through ahead of them. Possibly longer, and that's assuming the MALI situation doesn't deteriorate.
Personally, I'm looking forward to it. What's good for the goose.
You were warned yesterday. And I continue to tell you now. Listen to the 1p by Q1 next people at your peril. There is only 2 way this is going in the next couple of years. Look at the Lassonde curve.
In any case, production in 2024 will NOT happen. You're living in cloud cuckoo land if you think it will, with all the difficulties mining inevitably comes with.
Of course the SP will fluctuate with ups and downs, but I'd be very, very surprised if anyone with an average in the 0.7's and above will see any profit for years. And that's if MALI doesn't explode internally - not a given - in which case, KOD will be back down in the 0.1x's
Newbies - just be aware of the nonsense posted on this board. DYOR.
Dazed - i too have asked GR on numerous occasions where the RUS is and the question is dodged.
I reallly do wonder why? And I'm not buying into the theory from the rampers that Canmax have witheld it as it's so good!
Not sure I'll bother with the interview. GR will either dodge the questions or lie anway. I'll see how I feel on the day.
So funding has actually happened and what does the SP do? Goes down of course! Must be incredibly upsetting given those shouting "to the moon" and "1p today" or similar. Get used to it. A couple of years minimum of drift back down now. This is what ALWAYS happens in mining. Enjoy.
So, so so obvious this was going to happen.
I’m sure Noel, Snowking, David C and possibly even deadeye have managed to sell up before now and will buy back in cheaper - AGAIN.
Fortunately for me I saw it coming to this time.
It’s taken me a while to trust my instincts on this. Feel for those stuck up at higher SP levels who got sucked in by their bull. Disgraceful. There’s many on here who also spouted rubbish. You know who you are. You’ll be back in a few days, repeating the same ramps and calling the realists amongst us names.
Everyone can see it now.
On the plus side, I’m with Acker that 2024 could still be a prosperous year. Could.
Looks to me like the premium holders have been given the go ahead to sell over the last few days.
SP very disappointing, but as I've said, November target expecting to be missed and possibly December too. 2024 should be different.
Glad I listened to my instincts this time. Will buy back the shares I sold in a month or so I reckon.
It's been a strange journey being in PREM and on this BB.
From obnoxious Chuggs to the Chuckle Brothers and the KOD clan. From David C and his golden shower to Raaydaar and his FM court case example. From Snowking and his big month ahead every single month to Martinigirl repeating the same guff over and over again
Then you see newbies pop up and think they know it all. It's certainly a first to me being compared to a Skoda! It takes all sorts.
The new Snowking. Agree with Chaffy - got nothing correct so far. Apparently Deadeye and Noel in teh Telegramp group are hearing positive noises. If history is anything to go by, expcet bad news on Friday and a subsequent SP drop.
I'd also go along with Acker - if all was well and the November target met, the SP wouldn't be where it is today, I'm expecting an announcement that we aren't producing SC6 yet, the November target will not be met and either we have to pay Canmax $1.5m or possibly that they have agreed to defer the shipment until Decemeber or further.
I'm hopeful of being wrong, but I, like Acker, don't expect any shipment in 2023.
So disappointing to be where we are, given all the hype and positivity when GR was sat next to that bag smiling like a cheshire cat earlier in the year.
Acker - interesting thought on the lack of RUS.
The rampers will have everyone believe it's not been issued as it's too good and Canmax are holding it back.
Given the history of the rampers predictions, which is more likely?
Bally - it really is all a mess. We have to take an official RNS over a twitter post.
My confidence in PREM has sunk to an all time low. Still holding, but now less than half I had at the highest point of holding.
Consider myslef lucky to have banked my initial investment and quite a bit of profit too, leaving me on a free ride, so whatever happens from now i'll always be grateful to PREM for making me a lot of money. I really feel for those who bought up in the 0.5's and above.
I still think PREM will come good (or I'd have sold up completely). Once upna time I felt that the risk/reward here was the best I could find. Now it's not.