Member Info for kaltersee

True😭

There isn't even a sign of life from him. Has he perhaps been dead for some time?

How long can he carry on like this – until the company goes bust?

What a job – just raking in the cash.

Does the bloke who runs the company pay himself a monthly salary?

Very low share price: 0.020 pence PREM is a classic ‘penny stock’, suggesting significant risks and a troubled history.

Massive volume of options: 2.4 billion new options in one go is exceptionally high given a market capitalisation of just £7.53 million.

Risk of dilution: With 2.51 billion shares already under option (approx. 6.4% of the share capital), there is a risk of significant dilution for existing shareholders.

Wide spread: A bid-ask spread of almost 8% indicates low liquidity buying and selling are expensive.

Remuneration despite tiny market capitalisation: Generous option schemes at a company with a market value of £7.5 million raise questions about governance.

Conclusion

This announcement follows a typical pattern seen in many small AIM exploration companies: management remuneration is structured through options because there are no cash funds available. This is not unusual, but the overall picture of penny stock, low liquidity, high dilution points to a highly speculative company with significant investor risk.

The losses from this money pit just keep mounting, and any prospect of a realistic share price will be washed away in the next round of dilution.

Manx71

Yes, it doesn’t look like a sale or the start of production. It could be a collapse or a game in the shadiest of all arcades. The shareholders have long since dropped out of the picture, so no one wants to report on it. If crooks have taken the helm, the prospects are bleak.

ALL the "Lithium Production Prevention" share.😂

Phase 2 ALL?????

Vulcan Energy: Construction begins in Frankfurt

Vulcan Energy has begun construction of its central lithium chemical plant in the Höchst Industrial Park. The EU-funded project is set to supply battery raw materials from 2028.

Europe’s battery supply chain is taking shape in Frankfurt’s Höchst Industrial Park. Vulcan Energy Resources has started construction of its central lithium chemical plant. The official ground-breaking ceremony marks the transition from years of planning to the active implementation of the so-called Lionheart project.

Strategic project with political backing

The presence of Hesse’s Minister-President Boris Rhein underscores the significance of the project. The EU classifies the project as strategically important under the Critical Raw Materials Act. Europe aims to become less reliant on Asian supply chains for critical raw materials.

The financial foundations for the construction have already been laid. In December 2025, the company secured a financing package worth €2.2 billion. Commercial production is scheduled to start in 2028.

Should investors sell immediately? Or is it worth investing in Vulcan Energy after all?

Capacity and green by-products

At the new plant, lithium chloride will be converted into lithium hydroxide monohydrate via electrolysis. The first phase of expansion aims for an annual capacity of 24,000 tonnes. This volume is sufficient to supply batteries for around half a million electric cars each year.

At the same time, a local energy hub is being established. Vulcan Energy plans to feed 275 gigawatt-hours of renewable electricity into the grid each year. In addition, 560 gigawatt-hours of heat will be supplied to local customers, based on an operational lifespan of three decades.

Market reaction and outlook

The start of construction provided a significant boost on the stock market. The share price shot up by 17.39 per cent to US$2.70 on Friday. This brings the price increase over the past 30 days to a good 33 per cent.

Management must now navigate the complex construction phase within the agreed timeframe and budget. The next major test will come with the gradual commissioning of the electrolysis plants ahead of the planned production start in 2028.

Vulcan Energy

ISIN AU0000066086

Tradegate

26.04.26 | 04:29

2,70

USD

0,40 (+17,39%)

5toamillion

I still don’t understand why ALL has been putting so much pressure on the Ghanaian government to ratify. I should write a letter to the government asking them to withdraw their ratification and reconsider the whole matter. ALL has time – plenty of time about 5 years.

5toamillion

The board will sit back and relax for the next five years, raking in a tidy salary. So what?

Raaydaar

That’s the best post I’ve read here so far. Well done that’s the real story. There are a million better and more enjoyable ways to burn your money. These fraudsters belong in court.

L0ngterm

In fact, if they carry on playing games, they’ll simply lose money every month. What sort of strategy is that?

EarEyeAm

“The results of the optimisation study, which was completed in the second half of 2025, are expected to be published shortly in an RNS announcement.”

Yes, it was completed in the second half of 2025, and the first half of 2026 is drawing to a close. Reading this forum, it’s all about rising spodumene prices now, which is great. But that doesn’t help anyone who’s invested here if nothing can be invoiced. If management can’t be bothered to produce, then they should sell up and tell us what’s going on, rather than playing Radio Science.

EarEyeAm

Yes, and yes again. Everything’s fine, so why isn’t anything happening? Does ALL only have breakfast-and-coffee managers, or what’s going on? A reputable company should also be accountable to its shareholders. Where’s the roadmap? Where’s a statement on the shareholder value we can expect?

I hope the CEO and the board haven’t forgotten to pay themselves their salaries and are starving along with their families.

It’s not always just about cars. There’s more in the pipeline. The important thing is to make the most of this upswing and ensure the project doesn’t fade into obscurity.

EarEyeAm

Yes, it all looks very promising. But when does ALL plan to start production, and what quality standards will the company offer?

Or are they waiting for Sodumen’s prices to fall again?

“The higher, the better” naturally only applies to those who can actually sell. When will ALL be ready?

Anyone familiar with Africa and aware of how consistently government decisions are implemented is in for a lot more to come with their PREM investment.

The first delivery of SC6 is still a long, long way off.