Member Info for Marcuspd

Sounds like the days of STARK coughing up to sort the issues out are over too.

"and any shortfall in remedial expenses not met by the plant supplier "

Seems an odd one as they've not yet delivered a plant capable of meeting the design remit.

There is talk of a ball mill and thickener going in by the end of the year though and moving the temporary RHA mill won't have been cheap.

It sounds like this plant will soon be expanded, once production gets near nameplate. I can see Canmax wanting all of the pieces of pie in that one. If they currently value the plant as is at £200M, then surely that's a 2p buy out?

Stockbox interview being done over the extra £5M funding.

https://twitter.com/StockBoxMedia/status/1696809012874949075

"You would think with that volume of buying the SP would rise

# of Trades 187

Vol Sold 40,278,569

Vol Bought 138,269,338"

Yep. Thought the same. The 20 minute out of date list on here, shows vastly more buys and chunky ones too. If Prem is giving away a few £M of shares at .35p, they wont want the SP to go much higher, as that's quite some discount as things stand. MM's in play here by the look of things.

Agro, you do realise the media lies to you and is used to control society, don’t you?

Will you be queueing up for your “super turbo Covid ++ booster” this winter?

Just remember, the difference between “conspiracy”

And reality, is around six months as we approach The Great Reset 2030. Mocking those who point out establishment agenda, just shows how you’ve fallen hook, line and sinker for their media led control system, designed to suppress opposition, by programming you to mock anyone not complying with their agenda.

Food for thought, so think critically whilst it’s still allowed..

Sorry for the lack of capital letters. I get this on Chrome on a Windows PC and IOS.

Very odd.

plasmernan, you also said they don’t need garages, then went in to say the brakes are prone to seizing on.

i restore older german petrol cars as a hobby and have full porsche piwis 2 diagnostics. i may invest in lithium, but still prefer petrol cars to ev.

and yes, i’ve seen quite a few electric cars lose considerable speed without any brake light function. personally, i think they’re dangerous.

china is starting to treat them as disposable cars, due to battery pack cost when failed. coupled with most electric being produced by fossil fuels, only a fool would fall for the better for the planet bull****.

A lot of sells in the last few minutes. Google shows it dropping from .46 to .43p at 16.30.

Still 4.6% up on the day though, so not bad.

I'm still awaiting the shorters doom and gloom mid .30's predicted last week, so I can get back in under .37 again with the half I took out for safe keeping.

Should have ran it through the Spell Chequer.

More nonsense... "I will say I’ve seen a lot of Tesla with over 100000 miles on the clock and never been to the garage, a part from tyres they don’t use much braking ".

EV's are heavier due to the batteries and therefore cause more wear and tear on braking components and tyres. Brake and tyre particulates are far nastier than most exhaust particulates. A Tesla Model Y is almost 2 Metric tons, at 1930KG.

"George will want his loan repaid sooner rather than later.

Acker"

You forgot to add "In My Opinion" again.

True Romanwolf, and the reason I spun half of my investment earlier. I really think the lowered risk is outweighing the market price as hints stand though.

Because the shares next year will still be the bargain price they are now, won’t they?

"Looking in... those that sold expecting lower entry are a little bitter today!!!

Wolf"

Things might be a little different on Tuesday morning though. A sale of 70M shares went through at 16.32, over £260K's worth.

"Hi Marcuspd

The placement closed last night 24/8/2023.

The shares have been taken. The shares will be issued 31st. So they can be traded then or they can sell ther alocation now forward once they have confirmation of there alocation.

Some sounds like in lue of payment of invoices.

But the who is not known yet, Just that the placement is done and dusted. Was not anouced until it was done so other share holders were not able to bid for the 0.35 placing."

Thanks. My previous was directed at Jag.

So that's a "no" then. You can't clarify the wording?

Tense seems to be all over the shop in these RNS's and not clear at all. If it's not dates which make no sense, or even years typed incorrectly, it's over funding being used or already used, as tense shifts from one to the other.

So, on the 31st, will the SP dive? what happens if the SP drops to around .35p before then? Not far off now.

So can anyone clarify this section? There are lots of conflicting tenses here, from present tense "has today issued" to future tense, "when issued" to past tense "Was undertaken" and "was arranged" back to future tense "will be made", "to be admitted to AIM" and "admission is expected to take place on or around 31 August 2023."

So does this mean that the shares have been created and are to be added to the market on or around 31st August then, with Prem then receiving the .35p from the institutional subscription investor?

Quote below.

"Premier has today issued by way of a placing and direct subscription ("Placing"), conditional on admission, 1,142,857,143 new ordinary shares of nil par value ("Placing Shares") at a Placing price of 0.35 pence per Placing Share. The Placing Shares will, when issued, rank pari passu in all respects with the existing ordinary shares. The placing was undertaken by CMC Markets UK Plc ("CMC Markets") acting as the Company's sole placing agent in respect of the Placing, and the direct institutional subscription was arranged by Fox-Davies Capital Limited."

"Application will be made for the Placing Shares to be admitted to trading on AIM and admission is expected to take place on or around 31 August 2023."

"Marcuspd

The company will issue NEW SHARES to settle contractors' fees, not coming out of today's pot.

Acker"

Yes, thanks, I get that it will come out of the remaining 3/4 of the allowed placings. The amount will remain a mystery though until it happens.

How has it been decided that the placement has already been sold at the agreed placement price? What happens if the SP was to suddenly dip below .35? If so, why is the date set for on or around the 31st? I wonder if this will be handled like the GR loan, but over a shorter period?

"Massive dilution" - 5%

The SP goes up and down more than that in a day, on most days.

For the predictions of doom, I'm quite surprised the SP has gone up and so far, remained there. I can only presume lack of liquidity was a major concern and this RNS addresses it.

My only concern is that we don't know how much of these OPEX from the 2 major contractors, which will be paid in shares, will amount to by December 23.

Other than that, we just need to wait on the rod mill and whether it will do the 50% for now. Having a look, a ball mill isn't that far different. The biggest difference seems to be that it uses balls not rods in the rotating material drum. I can't find out much about the not fit for use EDS mill.

Roman, this is simply not true is it?

"Said there would be a placing, you said there would be none. I'm going to go out on a limb and say this will not be the last. You can continue to say there will not be one."

I never said there wouldn't be one, I said it would be funny if it wasn't needed. We all know funding was tight and that a placing was likely, the difference between those still in and those shorting or trying to but back in cheaper, is that your camp were predicting the entire 5B shares would be placed.

I argued that the 5B was mainly to show Canmax that Pre had the means to pay them back if they didn't play ball. The negative spin crowd predicted the entire lot (Well over £20M worth) would be placed, just to keep the lights on.

Acker is already predicting that there will be no shipment at the end of November and Canmax will be demanding an additional $1.5M (which comes off the loan, it's not actually a fine).

If this placing gets us all the way to nameplate production, it's only a quarter of the hysterics the negative spin crowd were predicting.

The market seems to agree so far.

" when all the insiders new?"

You know this for sure do you, or has this ASSumption joined all the others, through the negative fabrication filter?

Why did they dump yesterday, KNOWING the SP would rise this morning? I mean, they did know, didn't they?