The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
"2. A lot of your points are based on your emotions and hopes. They differ to mine because i draw more on history, facts and trends. Not a criticism, i just trust facts, historical behaviours and trends more than my hopes and dreams...."
Oh man, that's funny! So my points are based on glass half full optimism and your complete guesswork and unfounded allegations are all based on "facts" which you're guessing and plucking out of thin air, based on the past.
Priceless.
Watcher.
1. The mill running was a STARK achievement. I suspect GR won't announce anything until it's producing SC6 now, as all other RNS's just seem to lower SP.
2. See above.
3. I'm not even convinced that the Twitter account, which started posting on Twitter a week ago, is the actual CEO of STARK. It has 6 "following" and a couple of hundred suckers thinking it's the real account. None of the photos look like Zulu to me.
4. Why would people be buying as they are? People are selling and when de-rampers spread FUD as you do, some fall for it.
5. If it was that leaky and doomed, the SP would be down more than the current 2%.
6. Maybe GR has insisted on hush for once as he wants to over achieve on expectations? Let's face it, the mill even being in commissioning phase, when we still have over 2 months to produce 1,000T of SC6 Spod, is ahead of schedule.
Good luck to you, I just hope you're not still standing on the dock when this ship sails.
but watcher, if you look from 9.01-9.06, there's a wall of buys totalling well over 13,000,000.
you're clearly de-ramping for some strange reason, as your flip flop partner often does when he wants to push the price down.
what price do you need to get back in? i think you're walking a fine line and doubt anything will be announced until the plant is fully commissioned now and producing sc6, at which point, the ship will have already sailed.
they wont release half ****d news now, as the vibe seems to be to over achieve, instead of pushing the sp down, which most even slightly positive rns's seem to do with prem.
Nothing more heard on the share trasnfer on IG either.
I'm not in a rush and am hoping they see that the current 10.3:1 deal leaves many of us out of pocket and are asking for conformation on the correct procedure, which there's a faint hope, will be revised upwards.
Nah, won't happen, but we can only dream!
MDAI have some fireplace chat today, so hopefully this will also raise SP.
You've got to laugh. All these people who are forgetting it needs commissioning before any results will be known, thinking it would be switched on yesterday and work bang on out of the box.
It will be a week or two yet, before it's tweaked to deliver the right level for the rest of the plant.
"I am researching this share just now can anyone tell me if there has been mentioned any issues re power for the SA mine? SA has regular blackouts and I dont see that changing for a few years."
A lot of mines rely on generators to run equipment. Not many will have mains hook up to the local grid. I can't see this being a major concern.
2 independent studies, the last of which was only a few weeks ago, on plant material saw SC6.5%.
Do you really think CANMAX would carry on with this unless they were certain of the grades possible?
I really hope this over achieves now, just to shut a few FUDers up.
"No sir end of November was do or die".
End of November is the agreed target and even if missed then, just requires a payment off the loan instead.
It's not really "die", but if GR can't get this plant to 1KT a month in 10 weeks from here, maybe it's time to give up?
"Marcus is there a limit to how much they can ship?
They have the ore sat for processing....if they could get 2000t to ship end of November wouldn't that be nice?"
As they have to produce 1KT per month up until the end of spring, then 2KT per month thereafter, or have to make additional payments to bring the Canmax loan down, I'd be playing it safe and putting a fair bit aside to meet targets and covering issues, breakdowns or downtime when the new ball mill is added.
It depends how confident GR is that they can meet the low set targets month in and month out.
But that debt paid for a working plant, which is ready to be switched on by Monday.
How will KOD finance a plant when it gets to that stage?
I'm a LTH of both Prem and KOD and don't understand the rivalry. I see both as good investments, just with Prem a year or so further down the road, mainly because they took the fast route, which will be littered with problems, as we've seen the last 6 months.
"We have 40 days to process pre processed material and new ore to get 1000 tonnes off to Canmax by 1st nov if we can’t achieve that well let’s see"
You can add another month on to that. The deadline is the END of November, not the start, but I suspect GR is planning this to over achieve, knowing patience from both sides is wearing thin. STARK seem confident and we still have well over 2 months to ship the first 1,000T.
If I was GR, I'd be building a stockpile to cover any downtime when the second mill arrives and is plumbed in and added to production.
"IG still hasn't converted my shares yet. Still showing as SMD and 20% in profit lol grrrr
Anyone got their shares yet?"
Me too Medjed. I'm with IG and have bought MDAI separately a few days ago, which are up a few %.
My SMD are still showing as "call to close".
I'm in no rush now though, as the damage is done. I'm hoping the SP can rise a bit before they convert. Annoying that others are seeing 10.3:1 instead of the 8:1 in the RNS of the deal. Also annoying that it was not explained that the float would be so low the SP could be manipulated so easily and SMD shareholders wouldn't be able to trade for a couple of weeks.
We just have to hope this flies now with the BARDA contract hopefully being signed off.
"Because that 80% for the most part doesnt represent a change in circumstances to all the people who've lost thousands over the last 5 years supporting this heap of crap"
So you bought and sold at the wrong time then? Sorry for your loss. Now is a good time to try again.
It's 50% up on last year and the chart only goes back to July 2021.
I found this quite useful, for a brief explanation of SEED.
https://www.youtube.com/watch?v=0dD9Z4EfWhE&ab_channel=BizTechAcademy
Interesting that I had to phone IG up to be able to trade in it. They had to enable "Complex Instrument" on my account for my trade to go through.
"RRR Mcap £3m Mcap vs #prem Mcap of £132m".
True, but Prem does have an offtake partner, is fully funded and has a complete plant, which should be producing from Monday, with first monthly shipment of 1000T due by the end of November.
Tin Hill is a few months, to a couple of years behind that, so shares are cheaper for now and market cap much lower.
It gives it huge potential, but a bit further into the future.
Https://www.aquis.eu/stock-exchange/announcements/4271374
As nobody posted it....
"Jason Brewer, Marula Mining PLC CEO said:
“It is very pleasing to see the progress that has been made on the resource drilling and mining works program at the Blesberg Lithium and Tantalum Mine over the past month.
“PDS Drilling are moving ahead at pace and are now almost 75% through the initial 20-hole diamond drilling program. With the core shed now completed on site, the actual core logging, cutting and sampling of the diamond drill core can now start and with spodumene mineralisation having been observed in some of the drill cores, I am looking forward to the commencement of the assay work and first assay results.
“In addition to this ongoing drilling work, we also have the geophysics and multi-spectral satellite imaging work starting across the Blesberg license area and over an additional 1,200km2 license area that we are looking to acquire and expand our footprint in the region. This airborne geophysics and multispectral satellite imaging work should show target areas as broad or bigger than the current area of mining and processing activities.
“I am very pleased with the progress that is being made across so many aspects of the resource drilling exploration and mine planning program at Blesberg and the work that both our Project Manager, Mr Jacques Perold, and our on-site General Manager Operations Southern Africa, Mr Henk van Zyl are overseeing so well. I look forward to updating shareholders on the results of this work in due course.”