Member Info for NaPoM

Start of production has already been RNS'd dependant on MNH signing the contract. They did a week later. Equipment needed on its way. Work is already underway. They dont need to report every bit of the operation.

RNS on the 21st Jan says PREM considering the resumption of plant operations at the end of January 2020 to reprocess historic tailings. Obviously the deal with MNH still needing tying up for this to happen. Well it did a week later with the RNS on the 28th Jan.

Lol like I said that would be the shortest rns ever. Your logic of RNSing every bit of the operation is laughable tbh.

Optimisation of the plant to run efficiently would be the first thing that they would do. This has already been RNSd. They need the equipment to do this.

I did say an update significant and worth reporting. Delivery of equipment certainly isnt significant...just like your posts today.

They are cacking their pants knowing that work may have already started at RHA. MNH people have camped at RHA since the 2nd week of Jan. Dont think they are there to see the sights.. RHA is in the middle of nowhere. Any update that come out now will be significant and could come any day now.

Mol cant accept that MNH equipment landing at RHA doesnt need to be RNSd. If it did, it would be the shortest rns ever done. Lol

Understand the frustration on waiting on news that are out of the company's control.

Same thing happens to other aim companies waiting for news. People who trade on AIM dont hang around and they all pile in when news lands. More important to see the company moving in the right direction than looking at the daily fluctuations of the share price.

A report was already done on the viability of production from tailings at RHA...remember that testing is done inhouse. There is a total of 28,000 tonnes. MNH wont be signing a legal document contracting them and the use of their equipment without knowing that revenue is coming.

Equipment arriving at RHA for electrification work was tweeted most of the time. It didnt need to be RNSd.

Last week's RNS was a corporate update...we shouldnt be expecting an rns for equipment to arrive at RHA. Would expect an update on the 5 ton bulk testing for copper and gold in a few weeks.

Revenue from tailings production will be enough to keep prem going while the company waits for epo, circum and govt funds for RHA.

Spam

I get it your the best Mol. Its gonna be ok. Just seek help.

You need help Mol. You applied for a finance director position at prem and even sent me your cv. You have issues.

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Company now going in the right direction and with all this positive news we expected still to come.... not to mention the shorters will have to buy back in. Plus Mol is spamming the board is in itself positive and a buy indicator.

The deal with MNH enables PREM access to their plant and machinery to process the tailings at cost only and is only payable when the revenue starts rolling in from the sale of wolframite concentrate. Essentially making MNH the mining operator for the underground and open pit development as well optimising the processing plant to produce efficiently, which it will now that the electrification of the mine is complete. Revenue from tailings will keep the lights on for PREM in terms of working capital at corporate level. For the underground and open pit development, PREM will be waiting for funds from the Zim govt to get this going.