Member Info for Plasmerman

I believe if I remember rightly in a RNS it will be Canmax will make the decision how many share are placed and where and how much money is spent

I truly believe this is out of George hands now

If the RNS can be believed

Sorry 500 million shares 🫣🫣🫣🫣🫣

I thought it was you jag that sold that 1/2 million shares 🤔🤔🤔🤔

But your take ownership of a company you take ownership of the debt that why I said if Canmax goes that way with the drop to 100 mil valuation

Unless you weren’t told then it comes legal

Jag

Zulu is a sub of prem

It’s a company that stands on its own , Canmax has shares in prem not Zulu

But you are right at the moment it’s in a 💩💩💩 state

Jag

Zulu owes the contractors prem loans the cash , so Zulu is in debt to prem

And canmax debt goes to nout when they take 50% of Zulu plus debt to prem (if they go that way )

That what I’ve read and believe

Jag

I thought that Zulu is over 100 million in debt to prem because prem loaned Zulu the money

Tell me if I’m wrong 🤔🤔🤔🤔🤔

Jag

it was the wrong mill , wrong floatation plant , who fitted ,designed and built the mine (SO CALLED EXPERTS that got paid )

Big question now where is stark now 😳😳😳they even stoped promoting on linked in

Says it all

Jag

What would your take if the reagent team started work and a placement has not been made 🤔🤔🤔

Can’t see you needing a RNS for a loan or start work

But you are right about no twitter news perhaps they have forgotten how to do it because it would be good the see the reagent guy on site ,in fact any thing going on on site 🤔

Jag

I think you read that wrong

I said get a loan on the placed shares to pay for the project

Not to place at 0.04 place but on the reagent team’s report at 0.2 on good news (that would show confidence that the process has a good chance to work at least give them a chance before dismissal)

I can’t see the reagent team going in with out some idea of success as there is a lot of people watching there reputation on prems situation

Raaydaar

There is another way of looking at no placing , so if we place now say 0.04 or a loan to pay for the test

If the reagent team do what they think they can do and the the RNS comes out there starting production next month and place at 0.2 ,the interest on the loan won’t matter ( with a possible JV just a feeling because the plant works )

So if George does it this way it shows he’s confident to

Me personally hope he place’s after the test results from the reagent team because there not going on site if they don’t think sc6 can be produced (it’s there job and expertise)

Look what’s happened to stark lately 🤔🤔🤔🤔🤔☕️☕️☕️☕️

This was interesting the the share to be placed

Canmax is currently interested in more than 10 per cent. of the issued ordinary share capital of the Company, and the Amended Prepayment Agreement, security and conversion rights (together the "Transaction") is a related party transaction for the purposes of Rule 13 of the AIM Rules. The Transaction has been considered by the Independent Directors (being the Board other than a board representative from Canmax). The Independent Directors of the Company consider, having consulted with the Company's nominated adviser, Beaumont Cornish, that the terms of the Transaction are fair and reasonable insofar as Shareholders are concerned. The Independent Directors have in particular taken into account that:

And a possible JV 🤔🤔🤔🤔🤔🤔🤔

Raaydeer

Londuke

Trust me people from prem do read the forums and George gets told ☕️☕️☕️☕️☕️

Jag

I know how they feel when fixing cars , going in after someone else ,money been spent and it takes me 3 times longer to fix the

Co🤬k ups than what the original problem was and boy is it getting worse (experts my ar♥️e)

Jag

Acker - not long to find out. I'm sure you and snowking already voted to support GR's 9.5 billion dilution. so I'm waiting for the massive placing a few days after the general meeting. that's if Canmax support GR, which I still think it's in their best interest to vote no and squeeze GR even more

I think you need to read your 1520 timed post sir 😳😳🫣🫣🫣☕️

A very big week sir

It’s exciting

I hope you stay around on the way up jag 👍👍👍👍👍👍🥃🤠

Jag

Your behind the time’s prem is not stuck

I believe George hasn’t behind the wheel at Zulu for some months now , but he own the car 🤔🤔🤔🤔🤔☕️☕️🤠

But your still too early knocking prem down sir ,a week is going to make no difference find someone else to upset

Well lithium price up oil price low

And to get to 500 he’s got to be confident that the plant is going to produce 4000 tons

I honestly think this is a good RNS but not until we get the RNS that that mill is running 24/7

Good morning everyone ☕️☕️☕️🤠🤠🤠

Jag

Still got 2 billion shares to use but we strangely haven’t used the but surely this would have to be done before a egm

To be honest I enjoy the trips to London and meeting all share holders ☕️☕️☕️🤠🤠🤠