Member Info for Lorcun

Well said mugwump083. Im thinking along the same lines myself. It will all come together sooner or later. GH, Canmax and Glencore would not be putting their reputations on the line with a view that Zulu/Prem was going to fail. I can’t understand all the negative comments made by some. Just know that I’m seeing less and less post on this BB and more and more green boxes.

I like your thinking Fellwanderer and it make perfect sense to bring positivity out of what have been a negative. You’re a cup half full guy like me. Everyone at Prem has a real reason to make this work and GH has stuck his reputation on the line. I believe they will get the plant up and running in time but not sure what happens after that? I know we have Glencore in the background. Will they LOI, JV or buy out is the question or some other miner on the sidelines

The meetings not until 2.30pm. Still time for BA to drop and RNS.

All sounds very exciting. Surely a ship only has a limited time docked at port before loading and departing. Fingers crossed the CIU PING FENG is the correct ship and loading is imminent if not taking place or completed. We will hopefully get an RNS this next week

Tardisgx. Interesting news about the ship arrival. I presume it’s one of the bulk carriers under a Chinese flag. Do you have the name of the one you think it is? Did it arrive on the 25th September? Cheers

Morning P119. Yes I agree some caution as has been a bumpy ride to get to this point and nothing as it seems is straight forward in mining. My thoughts are that surely all the trucking and shipping contracts would have been signed off some time ago. Although the trucks and shipping required are logistically challenged, the permit RNS was on the 4th September some 23 days past. That was the RNS so presume they had it issued a couple of days beforehand. Not trying to ramp just living in hope with my glass half full.

So what are thoughts on where the SP might land if the plant is running satisfactorily and Glencore come onboard with a binding letter of intent? The plant alone must have value. The resource and possible upgrade. The Tungsten and Tantalum. Has GR left any legs in the operation or sold it down the river. Thought guys?

Surely we should hear something tomorrow or Monday. BA will not want to chair a AGM and be grilled by investors as to why the spodumene has not been shipped after 20 odd days of recieving the export permit

So anyone have any idea what the delay in shipping the spodumene is? It’s been a couple of weeks since the permit was issued.

Totally agree Grantie, well said. I’ve been in Kodal for a good few years having a good chunk of shares. I’ve had faith in BA to get the job done. Some frustration with one or two delays. As you say we about to start exporting and get first revenue in the bank which is all down to BA and his team. Well done Bernard!

The trucks are electric

Well hopefully when the trucks start rolling into port and the payments hit the bank even SC will not be able to hold the SP down. There has got to be a point when this flies. Any thoughts?

Hi guys. I maybe missing something but can anyone give me an idea of why SC are offloading shares at these prices when they could obviously offload later at a much higher sp. Cheers for any feedback.

Question for the chart savvy on here. Has Kodal hit some resistance at its current level? Seems to be struggling at .0338/9 for some reason. If that’s the case and we push through where is the next point of resistance likely to be?

Surely the SP will stay low and even going down before Thursday when new shares are released at .00023p or am I mistaken? I would imagine that after Thursday and the share overhang is mopped up the SP will start to fly and with a good RNS who knows where it will head? I’ve seen some suggesting 1p. Anyone have and other thoughts?

Do you have the evidence for this statement?

Fingers crossed for JV with Glencore. Would seem to be the perfect solution. A win win for everybody unless anyone has any other thoughts?

Hi guys

So what are we expecting in the week ahead? I guess we’re waiting for Glencore to sign the LOI, spodumen price to raise. Anything else that may push the SP up?

Cheers

Hi guys

So the price target at the moment as I can gather is 1.45/55p which is good if we get there. I was wondering if that was a current price target before any shipments take place and a re-rate would take place after first shipment or if that was generally the target post shipment? In other words what could we expect the SP to be after we start shipments?

Cheers

So above 1p possible say 2p/2.5p?