Member Info for Martinigirl

Luthee, you really are as thick as mince. You counter the mention that Zenith are selling and not interested in investing as per your allegation they're friends with Pei with a link to the major shareholders list.

One big red flag for anyone looking at investing in a company is when a major shareholder is selling ALL of their shares. That red flag is flying high atop the flagpole right now.

Then you contradict yourself with being confident but not sure? Your day job flipping burgers and asking your customers if they want to "make that a large meal" or want fries with their order, whilst honourable and honest work must be a real challenge for you if you cannot understand simple and obvious retorts and continue to make the same inaccurate assertions.

I'm confident the Chinese will win, their business practices are well known a proven to be very effective. Their land grab philosophy works well and PREM is a prime example of how these situations play out.

As an investor and as a human being I need to live my life second guessing the future, that's what decision making is all about, failure to correctly second guess the outcome of a decision could be fatal both financially and physically. I've led a long and happy life by successfully second guessing.

0.055/0.065 currently

Now I'm retired I think I might just take on a little fact checking challenge. Hasiba has alleged that raaydaar has admitted to losing a fortune in PREM and raaydaar has alleged that Hasiba is underwater in PREM, let's check some posting history and facts and see who's telling the truth. Might just extend my deep dive into some other posters and see what I come up with.

This is gonna be fun.

Noel only provides AI generated opinions as he is incapable of making an actual factual based argument. The video offers an opinion which is as valid as any other until proven otherwise. As things stand PREM has little to zero cash, they've allegedly not being paying their workers the full salary since May as per the released press article, something I've questioned Geroge directly via email but had no reply so most likely true.

He hasn't be able to utilise the 2 billion shares to raise working capital so it all boils down to the China trip and if he's managed to get enough money to keep the lights on till the end of the year and beyond. If no RNS tomorrow confirming such funding then that's PREM pretty much done for

I've no idea who you're talking about. My opinion is widely known and has been consistent so perhaps this you tube person agrees with me. If that opinion is that you, Luthee and the others are idiots then I wholeheartedly agree with that opinion.

I see that Snowking has suddenly reappeared in the telegram groups and has admitted to selling a portion of his holdings and buying them back again when it suits, dealings I'm sure he never shared with the groups whilst continuing to promote his narrative.

Whywastetime, I think you Luthee and a few others who enjoy throwing out the insults rather than debating the facts win the "never seen such an idiot" prize

I'm not short on PREM, I've never shorted a share in my life, I think it's immoral and shouldn't be allowed but it is. Fair play to Jaglith if he has shorted PREM from 0.9, (s)he's certainly got nothing to be concerned about should there be a meteoric rise from here.

Sprint, I own a single share in PREM a massive rise or the inevitable massive fall won't impact me financially so either way I won't be shouting from the rooftops or drowning my sorrows.

I see that Deadeyebeaky has had a hard time of it tonight on the Hive Telegram group, seems his actions in the preferati group have been called into question along with his morality as he was selling his holdings all whilst ramping in the group and on X. No doubt Noel and Snowking were doing the same, as suggested by many of the "warriors" in here.

Took about 4 minutes

Whywastetime, I've a feeling you might be telling some untruths about having never lost money on PREM. A cursory look through your history shows buys at 0.255p, 0.242p, 0.3p and above those buys are down around 75%.

You would have to have bought 10s of millions below the current price to have averaged down to now be in a profit.

It's a sad state of affairs when people are so blinkered that they cannot accept the fact that they've lost money and have to lie about it to try and save face in a public forum.

Whywastetime, you haven't really made rather a lot of dosh have you? You've merely recovered some of your very significant losses.

Luthee your syllogism is incorrect. I suspect that a placing for the additional 2 billion shares will be announced shortly. This unexpected rise is somewhat suspicious and will most likely leave many who have bought in off of the back of it nursing losses very shortly. On the plus side, for Zenith it's allowed them to dump another 250 million or more shares into the hands of the very naive buyers. Only about 1.9 billion more shares to dispose of now between Zenith and the Contractor.

Acker we all know how appeasement turned out for Chamberlain.

It amazes me that people continue to suggest conjecture and innuendo and attempt to pass them off as fact.

Trevor aka "Plasmerman" attended the EGM and saw a chap there and made a rash assumption which he is attempting to suggest as fact and subject to an upcoming RNS (upcoming for quite some time now Trevor, perhaps it's time to accept its not going to happen).

Then we have the Premmings in the PRG still being fed and believing the shenanigans of the groups leaders. Sorry to break it to you folks but GR is not in China negotiating the sale of PREM to Canmax as ramper in chief Deadeyebeakey has suggested and most definitely not at 0.5p. Anyone believing that is a remote possibility shouldn't be allowed anywhere near a share dealing account.

I cannot see a scenario where Canmax do anything other than loan George more money at highly unfavourable rates. An additional stake in Zulu? Why bother if they allow George to run out of money they'll get the whole of Zulu. An additional stake in PREM? George has only 2 billion shares available to issue so wouldn't be able to raise anywhere near enough to last very long.

Whatever happens isn't going to have a demonstrably positive impact on the share price due to the current selling frenzy from Zenith and the Contractors.

Sprint, none of my arguments have been "shut down" There's still 2 billion shares to be sold to pay Zenith what's owed (minus interest) no clarification on if the interest is still due to be paid at a later date or if they've agreed to write it off. Those 2 billion shares will not cover the debt owed.

PREM still have no money and a plant that still isn't capable of producing SC6.

Dazed, Zenith aren't selling the shares. PREM are selling them in order to raise the funds to pay the debt. Surely you can understand this simple concept.

Just landed. Can't see what all the fuss is about here, nothing has changed, the shares are still held in trust to be sold by PREMs brokers. Zenith haven't suddenly become investors in PREM. As they are the beneficial owners of the shares they're required to notify as per AIM regulations.

The 2 billion shares will still be sold in an orderly fashion. Nothing to see here at the moment.

Gazza, I'm a Yorkshire girl born and bred so have divine rights of access to God's own county.

Sat in the lounge in Seattle drinking champagne, flight leaves in about 3 hours. I do wonder what plans George has to try and get the share price up to churn through the Zenith shares and raise enough money. I wouldn't be surprised to see a very vague RNS tomorrow morning that the likes of Noel and Snowking will latch on to. Snowking has certainly been very conspicuous in his absence of late.

Cue a Wullie Buckfast induced diatribe.....

Whywastetime, jobless? Yes I finally am retired, sold the business on Thursday. Lonely? Not at all, family and friends come over all the time. Nothing else to do? I could be out on the boat, walking in the Yorkshire Dale's, bagging a munro, swimming in Welsh open water, enjoying some Irish hospitality or anything else that I want to do now that I'm officially retired. Spending a little time on here is merely another hobby that takes a mere few minutes a day. I rather enjoy the banter, challenging the overly positive rhetoric, which does need to be challenged, and reading Wullies Buckfast induced late night ramblings.

Who knew retiring at such a young age could be so much fun and I'm only a few days in.

Flying back from SeaTac tomorrow so I'll be back in the UK Monday lunchtime and ready to continue posting. Now I've got more time on my hands I may even make PREM my new project.

Sage advice Mrgeeebee, DYOR, and believe what that research tells you. Is a company that has no cash, is being forced to sell 2 billion shares on the open market, has paid its contractors in shares who are now selling to recover the cash a viable investment proposition? Is a company that has failed to meet a single production deadline for its flagship project despite the CEO claiming these changeable deadlines would be met without the need for an extra day a viable investment opportunity? A company that persuaded shareholders to give them the opportunity to place an additional 2 billion shares to raise working capital but despite 10 days in London was unable to secure the investment, is that company a viable investment? A company that cannot afford to pay its Zkmbabwean employees on the lowest of the low salaries their wages for the last 3 months, is that company a viable investment?

Pjmc, the market is drained, only Noel and Snowking are left believing oin the company, even DEB now has doubts and worries about how he can pay back the bank of Mum and Dad. All yhat said Snowking has had to sell to pay his credit cards and Noel has already sold the majority of his shares at a loss. Yet they'll still continue to instill that group philosophy and share those snippets of information that suits their purpose.

Sprintrns, if you honestly believe that Geroge won't raise ahead of SC6 production then you clearly are a disciple. Ask yourself these simple questions.

1. How much money has PREM spent each month?

2. How much money has PREM raised?

3. How much revenue has PREM generated?

4. How long will it take for the plant optimisation to be completed?

5. How much cash does PREM actually have right now?

6. Approximately 2.3 billion shares need to be sold to satisfy debts, how long will it take to sell those shares and at what price?

George would have loved to raise funds using the 2 billion shares he has available. He spent 10 days in London with the brokers trying to convince their clients that it was a viable profitable opportunity. It wasn't, the clients weren't prepared to invest and now George finds himself in a situation where he has no cash, is being forced to sell 2 billion shares to try and settle a debt at a time when liquidity is none existent and cannot raise through traditional methods.

He's now down to the options of an open offer or death spiral financing. As much as he would try to sell the open offer it's pretty clear nobody in their right mind would participate with the current selling situation. That leaves the death spiral and I'm not even sure those lenders would be willing to risk their capital given the current status of PREM.

It's an absolutely appalling investment prospect right now and quite frankly anyone looking to buy right now would be better putting their money on red at the roulette table, the odds of a win are significantly greater.

I'm willing to risk my 1 share holding, if I had 1 million or more I think I'd be selling and looking at other opportunities, anything less I'd be writing it off and put it down to experience and a lesson learned to listen to some people and not trust others