Member Info for NellyB

Ha-ha Jaglith. You're a joke.

Jaglith, speaking things that didn't age well, remember 2 days ago when you predicted that the raise would be at 0.1p

You were only out by 70% :o)

Blah blah blah, same old diatribe raadaar / martini / whoever you're pretending to be today.

Change the record, and leave the adults to spend their own money.

P.s. thanks for the cheap shares today.

Martini, you never miss an opportiunity to knock GR, do you?

A CEO who wants to build a plant quickly and cheaply... sounds like a terrible idea! :o)

Stark were contracted to design and build the plant and commission it prior to hand-over to PREM, all of which you know full well. Yes he could have had a team of independent specialists over-seeing every step, putting in their 2p's worth as each wire was connected and each footing dug, but who's to say an independent specialist is any more competent than the design and installation contractor, and at what cost?

Jaglith, I'll think you'll find that Stark built the plant, and the associated problems with it.

GR is getting the plant sorted now that he's kicked the original design and build crew off site.

Ha-ha Jaglith. Time will tell.

The share price was at 0.4p on the day the EPO license was granted, when the plant was just a pipe dream and not a bush had been moved in the dirt. The current price just represents shareholder sentiment, not how close we now are to production.

40-50% discount? In your dreams, Jaglith. I predict the placing will be above 0.16p, most likely 0.17p

As for the legal case... there is no legal case, yet. If / when there is, it will be Stark that are on the hook to Prem, not the other way around, and it will be GR that instigates proceedings. The time to pursue Stark financially for breach contract is when all the issues with the plant are known and remedied, and we are in production, so have the money available for legal services.

No, that was the assessed value of the plant AND mine at the time of assessment. There is inherent value tied up with what's in the ground, but the valuation only realises a small fraction of that, as it's yet to be mined and processed, as opposed to sitting in bags in a warehouse.

Cringsing: "Question, is it by now a fact that there will NOT be an April shipment ? Also, GR has mentioned that he had asked CanMax to chance shipping deal so CanMax was to collect product at mine-gate (to save him the hassle of exporting it). Has he said if CanMax have agreed to this ?"

Unless I missed something, I don't believe the shipping arrangements have changed, or been requested to change.

GR mused about inviting a Canmax representative to site, so that their staff could test the product before shipping, to hopefully reduce any differences between the epected value of the product leaving site vs what Canmax assess the value to be when it arrives in China.

Jaglith, the new mill was custom built to order. The UV sorters are a 'standard' part from an OEM supplier.

For anyone wanting a look at the Zulu plant satellite view, check here for Google Earth link:

https://earth.google.com/web/@-20.04124645,29.39134818,1349.61787194a,834.4670963d,60y,-0h,0t,0r/data=OgMKATA

Ok, that's the auditors. Thanks for the info.

So you're saying the only possible reason GR was in Canada was for a spending spree / jolly?

Jaglith: "i think you would be better placed to vent your frustrations with George 'I'm off to Canada in March while the plant doesn't work but don't worry I'll do a placing in April'. so if you're this frustrated now, wait until the billions of shares hit the market this week".

Maybe George was in Canada to network and find suitable contractors to audit the plant and rectify the issues?

More Martingirl scaremongering:

"Pjmcgra, I'm not so sure that all the resolutions will be passed. George wasn't at all confident or convincing in the latest webinar when asked about Canmax support. I've a feeling that they've finally decided that enough is enough. George is over a year late and no closer to shipping SC6 than when Zulu was just bush land. Yes he's built a plant, a plant that doesnt do what it was designed to do and at what cost? His arrogance could well end up costing him the company if Canmax decide to no longer provide support."

It's clear Canmax still support PREM, as demonstrated by their votes in favour of both resolutions.

No closer to shipping SC6 than when the site was bushland? - That's just a blatent lie.

Sorry, Link in previous post was fro wrong video.

Pleas euse this one for the AGM: youtu.be/EAlSgcOsgpo

For anyone else looking for the Youtube link to today's AGM.

https://youtu.be/fBtjajObTKA

Thanks for clarifying.

Acker: "My big driving factors, I do believe in the Zulu mine,I do believe that Premier will resolve all the troubles and show the market a credible mine producing spodumene every month at a rate of approx 6/7 tonnes each month before the end of the financial year"

Did you really mean only 6 or 7 tonnes total production per month? The name plate capacity is 4,000. I'd expect to be at or around 4,000 tonnes per month by year end.

martini, your scaremongering is becoming more farcical and deranged by the day.

spend some time doing something you are invested in financially, or emotionally.

how is ****ging off a company and portraying your lies as truth benefitting you or anyone else?

Martini / raaydaar, if you know Canmax didn't participate in the last 2 placings, can you tell us who did?

I'll wait.