Member Info for Marcuspd

Thought that might stir up a swarm of the green box brigade.

"But it seems there’s no confidence in the company presently".

It seems the confidence has suddenly drained at the same time many thought the £2M shares had yet to be sold, so cashed out and now can't get back in without making a loss.

Many of the same FUD spreaders and de-rampers were the same people rallying the troops behind GR a couple of weeks ago, since when we've found out the grade in the ground is very good, the RHGA mill has arrived and is being installed, the November target is ahead of schedule and GR had already sold his shares, so there won't be a dip from an upcoming £2M dump, which many seemed to think they had a right to be told about in advance, so they could use insider trading knowledge to make a profit.

Unbelievable!

"Also, if he has to wash the product 4 or 5 times how does that affect production output?"

Have a look at the video of the plant and count the levels of floatation tanks in the floatation circuit.

I believe all material goes through 4 cleaning levels, not through the same level 4 times. It's that big structure with tanks at varying heights, one after the other.

"Iky, so in 2017 it took one clean and in 2023 it's taken four cleans?".

Bear in kind the material in 2017 would have been processed in the lab from a core sample taken from a drill, however deep down.

This recent sample was from the now installed and needing upgrading, plant material, already ground down ready for floatation and cleaning. It could also realistically be that this test was carried out on material produced before the UV sorter was in and optimised and would have certainly been put through the not fit for purpose EDS mill, which is now being replaced.

Basically, if they can produce SC6.5 from that, this should well exceed the required SC6.

https://twitter.com/that_stocks_guy/status/1694241166470856728

"I tend to agree with Acker, this is a small RNS with no information in it which we didn't have before."

That's not the case though is it? The previous independent test of material was in 2017, meeting SC6.5. This new test was carried out on PLANT material this summer and confirms 6.56% grade with further gains to be made with magnetic separation of Iron/Ferric Oxide, which as it happens, ZULU now has, so can take benefit of this improvement.

That's not telling us anything we knew before. People were whining that there was no official statement on resource quality since 2017, GR gets on independently done, exceeding what we need and people still complain that it's not news.

He can't win. The stuff in the ground is better quality than expected and there's more of it than originally thought.

It certainly removes a lot of the risk for me. My main concern was that the material would not reach SC6, and become not worth mining. This uneconomical mining is what put RHA into hibernation. Luckily, this doesn't look the case here at all and higher than planned for, SC6.5 has been tested twice now as possible.

"See you all after Xmas.

Acker"...

Yet, here you still are playing down every piece of positive news. If you have nothing constructive to add, why bother? What changed in 2 weeks, the fact you sold your shares and the price hasn't dropped, so you can't buy back in?

Give it a rest and we'll see you when the SP is over a penny again. Then you can try buying back in at Christmas.

2 weeks from GR's campaign manager, to negative FUD. Very odd.

"Marcuspd

When the shipment goes out of the gate at 6.5...that will be news.

If you cannot see that the RNS is just chit-chat to get the SP up for a placing then you need a lot more education..

Acker"

Acker, when the SC6.5 ships, the horse will already have bolted and you'll have left it too late IMO.

At these prices, the SP reflects great value v risk. Leave it until risk has gone and the SP will reflect the real value of the operation and will be much higher than now. At what price do you think you're going to be buying back in, like all the others desperately trying to play down the SP?

"I think its a bit odd that PREM cant get Dorfner Anzaplan GmbH or Geolabs Global Pty Ltd to sign of a new proper report on the recent studies that its 6.5% grade which PREM can produce.

Mr Roach is really just cherry picking in todays RNS, give us firm audited lab reports."

Can you explain what you mean here? You appear to be casting aspersions that the two independent tests of material being at SC6.5, over the target SC6, are somehow not fitting with your agenda. Can you explain how these tests don't sit well with you?

Sounds like more fabricated FUD to me, Mr 14 posts.

"Wake me when we have some news."..

You think confirmation of SC6.5 from plant material isn't news? You've changed your tune of late!

What price are you thinking you can cash back in at?

Interesting to see the Sell price shoot from .41 to .43, with buy unchanged at .44. Signals to me that the demand to buy is higher than the sells.

That's the second time an RNS has been missed by this site recently for Prem. I wonder why? Are they not filing them properly?

Looked positive to me, SC6.5 confirmed with both lab processed material and plant processed material. Worth noting that this plant test was also prior to the magnetic separation and, being earlier in the summer, prior to the UV sorter optimising and installation.

No doubt the usual rabid green box clan will soon be manufacturing FUD again soon.

The price normally gives away the correct direction and they are frequently wrong on that feed.

All those sells at .435p? They look more like buys to me.

I see it going nowhere fast as a good thing, up until production of SC6 starts at 1,000T and upwards, PCM, then it will take off. It certainly feels like the SP is being manipulated to keep it going slightly up, slightly down, rinse and repeat, with set ceilings though. 40/42 or 41/43, it's barely budged all day.

So that "scalping transaction", would have made a profit of 76p, providing there was no broker fees. 0.0001p x 767,000....

Very odd. No broker fee?

The 4 on there now are unusual though, as they appear to have been sells, then cancelled, so the amount went minus.

2 pairs of cancelled sales by the look of it at .415 ish.

If you mean the unknown trades on the 20 minute old trades on here, you can usually work out which way it was by the price it went for, compared to other buys/sells.

Agreed on the SP. It does feel the buy price is being held at a maximum of .43p.

Spread between buy and sell is a lot closer than normal, suggesting many are holding on and not selling.

"Marcus - Unless you find the entry from the annual accounts in which it shows $15 million of sales from RHA over the years, I think it is you who is providing very misleading information"

Says bloke who quite clearly said RHA never produced anything, when it produced over 1,200 metric tonnes of a very valuable concentrate, which was worth over £12,000 a tonne last year.

You add nothing. Plonk. goodbye.