Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
External funding could not be found based on current production and non qualified qaulity of the output , says a lot really , as GR was talking like its was the route they wanted not initial share cap increase
Looks like PREM had a pretty poor contract with STARK , normally lots of penalties as they designed the soloution and were shut from the roof last FEB but snce OCTOBER nowhere to be seen or heard wish Georgie boy would tell us about the crap contract he agreed ....
Seems like GR and Prem are not on good terms with Stark , he doesn't even mention them by name anymore and Stark have also stopping doing stuff about Prem. wonder how bad the supplier relationship is ?
Acker , one of my biggest concerns is equipment failure and time to get spares , god help us should the ball mill stop ..... we just dont have much in the way of backup , epesically as we have used all the favours up , i bet stark wont stump up replacements , how long is the warranty , been a year since we have 90% of the kit installed and ready for so called production ......
Red 'GR has delivered very little ' how about nothing ........ RHA , TCL , ZULU , MNH .......
Really , expecting GR to say anything that is factural ? are you serious
Who will KOD engage to build there production facility Stark?
200k value at the bell
Nice piece of kit wonder how much civils is needed how much money and how long to order and finally how long to incorperate ?
Again , never see anything here
Sorry but GR should step aside atv this point he is outb of his depth as normal just look at RHA , now this mess , he blames all others m when its him , come all wake up we have given him chance after chance and chance to start getting production revenue from various points TCL , CIRCUM , RHA , MHN , ZULU .... can you see the mess he makes for us investors
RNS on deal , but at least CANMAX on board , i would suggest they are given 100% of the product until paid
then 50% for a period
Big weekend for PREM , I think stark and Prem's radio silence is due to the FM position , as if GR declares SC6 being produced , it would negate most of the FM (i would assume there are quantity targets to be meet). If we are producing then there would no doubt be other parties intrested in taking CANMAX's place at the table. Great news on Li3 which can go in the mix , maybe STARK get a second plant after learning the hard way with this one .. so i like Biztek expect if the vote goes PREM's way a few good RNS's with a placing for some working capital , also more shares in market dilutes CANMAX's offtake percentage , so hope on saturday it goes PREMS way GOOD LUCK ALL LTH
He had to hold onto them for the vote , did not want to dilute his stake so if he is allowed i will expect a placing monday
And unsecured and no interest , never thought of GR as a gambling man !!!! not much raised should not really make any difference , just draws it down in 1 lump
ACKER yes tend to agree GR always goes on radio silence when its not going well , one day i might trade around his communications , but one day GR my surprise me , he did surprise the chinese lol i.e its not working
Good Post Happy fingers crossed
GR very good a radio silence when , people really need to know whats going on , this is the worse and only bad side of GR and it would be easy to fix ... he did the same at RHA and TCL , all hype SP rises , then at delivery time like a hermit crab , GR tell us whats there whats not there its not starks job its yours used to be tweets every day from PREM
From a canmax deal point of view and money owed surly its Better to allow PREM to raise some funds to allow PREM to work to delivery the ZULU product without hinderance and investing in the EPO and further plant , than having a supplier money tight and not able to invest or move ........ maybe canmax get some free shares to offset something or a % of EPO area revenue who knows
Of all we were promised , RUS , drilling results in rest of EPO ,EPO area licenses , LI3 ;loan updates , RHA updates , and god knows whats happening with CIRCUM can we cash in to get some money in the pot , lots of stuff nothing happening , could we call in loans ?