Member Info for Moljen

Don't be silly Mal, not at this price

Wolf I don't really care what people are, just put my views up and respond to questions if I can be arsed.Here to make money Mal, I'll leave it to the like of yourself and the various members of the Prem support group to give each other hugs if you're feeling lonely. Perfectly peachy here but thanks for asking

Mmmmmm Wolf you've answered your own question, they left as banned for various reasons (Woodpeckers, Crazy, Val etc). Now as neither you or I are Admin and it's against the law to for LSE to disclose personal information you can only conjecture as to which rule they broke - I speak to Val on ADVFN so know which one he broke and Woodpeckers was for a rather good rant.
However the ones I mentioned appear to have left because they basically just produces reams and reams of nonsense about this company and are now just too embarrassed to come back and admit it. Honestly, can you remember Tedboy's monoliths, one of them had us valued at just under £0.5Bn within 12 months. Made Dianne Abbots maths look top notch PMSL

CA - we actually went up on a combination of things, Mr Gozee buying his first 4%, £250K put in the bank to keep vultures away, GR BS's meeting a lady etc. Spike reached 0.175, next pump spike was 0.16, next one after that 0.125 so yes with an additional 10 months of non delivery, 10 months of increased debts and 10 months of quite a bit of dilution I can see this dropping to market cap of £2-4M and getting pumped back up to a market cap of circa £10-£15M for a short period. Unfortunately with the number of share now in issue plus the ones that need to be issued soon that equates to from 0.09 to 0.14 tops. It's a good buy from £4M and down for that sort of return but above that not enough reward for me. The spike you're referring to took the market cap up to £19M for 24 hours and then fell to £13M from whence it has declined ever since as reality set in. Even the additional spikes after were to £16M, £13M, £14M and £12M. So yes there may be a similar 24 hour spike where the lucky can get out (its actually harder to do than you think with a large volume) hence why as previously advised my last trade was a sell at 0.135. We've also had history of these 24 hour spikes with Prem from lows (remember the 1p one - did you manage to get rid of any then, I didn't and had to accept 0.85 on that one). So still 0.09 to 0.14 is my target sell price if this carries on as expected and I can buy somewhere in the 3's or lower as I seriously don't think a signed EPO will suddenly make Prem worth anymore than the around £15M the market valued it when it thought it had it.

CA - not all a poor example, all you need to do is look at a 12 month chart and you will see the resultant spike from each pump & BS news is lower and lower so next time our top spike could well be 0.09 or 0.10.
This isn't drift this is dropping and the two are very different but you be my guest and pile in now if you really believe it's going to 0.2 however I'll stick to my view that without substantive news showing a route to cash production that this share is currently a POS and when the price reaches POS price then it's worth buying into for a quick 2 to 3 bag.
Considering toddlers could work it out there's an awful lot on this board who then don't have the nous of a toddler as they're all down so much, even Eddie has written it off.

Ah CA but if you have an average of say 0.09 and this does as I expect and retrace all time lows one would be needing 3 bagger to just get back to even. Is there any real news on the horizon which will materially affect other than the usual spike? Circus, safely say 2022 earliest, Zulu - EPO is just more ground we can't afford to drill even if gets signed (probably most likely for a spike), MNH hitting 10,000tpm consistently and transporting and selling (mmm based on previous). That's why I say worth a punt when market cap is back down to £2-£4M but till then far too much risk even with a 10 foot barge poll.
Seriously 0.071 to sell a few days ago and now 0.0656 so won't be long till 0.065 goes and then it's the 5 & 6's battle.

CA - it's more than No News causing this to drop because that's what we have drop not drift. Anyway it's interesting to see you wouldn't be surprised to see it drop and then Eddie over the weekend admitting he's written his investment off. Nice to see a little bit of realism, honesty and reality arriving rather than everything is sweet and we're going to be rich. So sub 0.06 this week?

CA - you need to reread the RNS he joined as a non exec director in Aug 2019 and remains a non exec director albeit with a different job title.
Love your comment a director without duties, are you being serious? Directors, exec or non exec, all come with a cost I'd hope they did something for it.
Posts like yours are why I said last week 0.0771 might be a good price to sell and see it's now 0.66, the lack of understanding is staggering. The deck chairs on the Titanic have been rearranged that's all, the ice berg is still there and absolutely SFA has been done to avoid it. Still a 50% drop entirely feasible from the 0.66 of today to sell just some of us won't be surprised.

CA - he joined in Aug 2019 which is a little longer than a month, it's also a non exec position and we are all aware of the MNH production forecast plan from 2019, it's factors like this which drive the share price and peoples viewpoints. JMJ times are posts like yours which are full of false indignation because the facts don't correspond.

Ah thank you again Mal - you really are digging yourself a great big hole of incompetence. Please go and look at posting history and on 29th June you'll find my post to 1981 which included .... ps 1981 - not into traditional car stocks but into transportation and its future. Perhaps a little one to have a look at is Nio over on the NYSE.
Price 29th June $7.14 price today $14.49.
Now Mal from 29th June onwards (and for a long time before) has been trying to persuade you buy Prem but won't give reasons why which can be subject to scrutiny because to do so means you're a de-ramper.
I really do hope he followed 1981 into AML and some who think I possibly have a better take on things had a gander at Nio.
I know which group will be happier.
pps - Mal if you're trying to make people look stupid it's easier not to point the loaded gun at yourself. Check my posting history ha ha ha ha you'll find you missed out on a 11 day 100% gain.
So funny - incompetence trying to argue with fact

Oh lucky us, all three one after the other and not one of them can come up with a reason as to why Prem is a good investment opportunity at present.
Says it all really, well to all please have a great weekend and you never know those that seem to only have an opinion about me (now that really is sad ) may blow our brains over the weekend and actually talk and the pro's and con's of this company. At present I've only one pro which is as things are there may well be an opportunity to grab bag or two. Not too sure it will even require getting back to where we were on Monday price wise but it sure as hell isn't on the horizon from where we are now. Maybe in a month :-)

Wolf - never heard you complaining for the last few years when it was 95% we're going to be rich, pages and pages of posts of pie in the sky numbers. The point of buying shares is to make a profit, the level of profit for each is tied to their level of risk so as the saying goes no s*** Sherlock my view is this isn't worth it at this current moment in time. Shock horror, hold the front page somebody who buys and sells shares is holding off buying because they are pretty dammed sure it is going down.
You carry on wishing back rose tinted pages of garbage and averaging down all you want, or come up with one thing that could remotely say this is a current investment opportunity compared to all the others out there bearing in mind risk or reward. I can give you 2 or 3 potential multi baggers with far lower current risks than this, I can give you a few more 1 or 2 potential baggers as I gave 1981 and I can give you a pile of good old do what they say on the tin of stocks. For all the reasons I have consistently given I can safely say Prem doesn't even make the top 20 of stocks I hold or am looking at with the price it's at. Even the mad house of Kefi is a better gamble at present with where it might go compared to downside delays.
Await with baited breath for reasons why Prem is currently investable and is incorrectly valued, I say its overvalued and you obviously think it's undervalued so looking forward as to why it's undervalued in your mind

Rob, to make money of course by contributing my own views and taking on board those of other people to see if they impact my own. Unfortunately 80% plus on here are pointless but occasionally find a good snippet to go and check out. There's a chance of a 2 or 3 bag coming up here when the price is right and I'm not adverse to those sort of opportunities. A good pump or typical fluff RNS might get the cap up for a period and I have in mind my own figure as to what that might be and from where I think this going that'll be a good trade. From where we are now, nah too much risk IMO but others disagree. I'd find them more believable if they put their hands in their pockets and bought but they don't so IMO just deep underwater holders with little more than wishful thinking.
Mal's one you see, there's his little comment below - he has absolutely no idea other than the 8.944M I've always held as to what I've bought and sold in this company and tries to make me out to be a clown.
Suggest you go back few weeks a find a couple of snippets I threw 1981's way when he was telling me to go and play with AML (far too risky for what they have) when I gave him a car company to consider instead. Best part of 100% growth since whereas 1981's "cheap as chips" has gone down.
Note I didn't tell him what to do as I couldn't care less whether people buy or sell, they're my views but at least I give them. Some people may find them useful, others not but to me they're a hell of a lot more use and worthy of considerations than the utter tosh the likes of Mal add to any discussion as indicated in his post. 3 factual statements I made which can all be checked out which contribute to my view of where this is going compared to what Mol has an average of 4p. Believe which you want I couldn't care, Mal's posts have zero effect on my trading and investing because they add zilch to what I already know. Somebody like a guy called Bermuda over on SCLP I take note.
Trust makes sense.

Ah Mal, thanks so much but I guess you've even got that wrong and meant penultimate on this title thread rather than mine. Makes a change from correcting ludicrous opinions on Prem and as to what it is and where it is at.

So what do we have, a hatrick soon to be with us? A hatrick of well that hasn't happened of course as it's Prem
1: Regent Loan extended to 31st mar 2020, any update? NO
2: Lithium Assets 10th June for a 30 day due diligence deal, any update? NO
3: Off-take agreement REVIEW for next 2 months RNS 'd 18th June, any update NO
So with all the NO answers whilst we may hope that Regent have rolled over for another year and given us even more money, or that MNH are now producing 5,601tpm and the off taker has reviewed the numbers and is so happy they're going to double it the safest thing to do is assume they're not happening and ask yourself WHY and what will the consequences be.
Personally my view is we are now well and truly AIM basket case members and need to join the micro caps, from there the risk reward is acceptable but for now nah it's one for social distancing on a massive scale

Mal - totally disagree as for the first time in a long time this board the rose tinted blatant pampers are gone and the message as to how toxic this share is has surfaced. Over the last few years the posts from questioning people have been 100% accurate, how many holders now wish they hadn't been drowned out by people and groups.
Well the questioning people such as myself who have got this absolutely spot on for a long time are now saying there are so many red flags a mcap of perhaps as low as £2M is more relevant and £4M at absolute best to get the risk v reward level to acceptable levels.
The level of discussion is now far better because of realism and fact rather than the 3 to 4 years of pure wishful thinking we have endured alongside the vitriol people like Crazy, Woodpeckers etc received whilst the likes of Xulu, Strongman, Naps were hailed for being completely and utterly wrong.
There are good boards on here with both negative and positive views on shares but for most they're like this one full of people who know diddly squat, forever excited that they're going to be rich whilst all the time they're being bled dry.
Some get rich on AIM the majority don't - the most important views to note are the negative ones and research them not the pie in the sky BS associated with a lot of POS companies

erratam - obviously 22% more cost (dilution) to Prem if proceed, Li3 still get $104K of Prem confetti

Just for Jonjo as he getting a little worked up today so some reminders from 10th June:
Conditional deal - let's hope any conditions aren't against Prem if doesn't progress.
Importance - well it was up to 30 day due diligence deal and what is today's date? Anybody seen an RNS confirming it's gone ahead?
What could have gone wrong - for starters deal based on 5 day weighted price which on 10th June was 0.0995 and where are we today for the last 5 days? Lets be generous today and call it 0.0775 even though today it's 0.0725 and we know selling is in 6's so since the deal hasn't been RNS'd yet what's changed? Well it's worth 22% less already to Li3 to proceed.
Got to be 50:50 therefore that 10th June was just another one of GR's get rich quick schemes has gone to pot.
No RNS by close today we're up to 55%, Monday 60%, you get the picture?
Looks like a good chance the POS is just getting another top-up of fresh dung for all of it's happy shareholders

Jonjo - in that case why the hell are you on here trying to tell people it's going to make them a fortune? See it's not the people who are negative on here you need to watch out for, it's people like yourself trying to sucker people into buying when there is zero reason for doing so.
Whoopee another sale and even less than the one before despite a foolish buy in-between. Dropping in 9 minutes, we could be discussing whether the 6's hold today at this rate.
PMSL

Gnashing and wailing time for some - 15 minutes time those of you here without L2 will see the 6's for selling.
Jonjo - see only took a few minutes to demonstrate why people aren't buying because with the trade just gone through the price to buy will also fall. Next week or the week after we'll be discussing whether 6 can hold and that's an important one because after that it's free fall to dead cat territory.