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Come to find out Martinigirl and Raydaar are the same person and they work for Stark, hoping PREM goes bust so no litigation required 🤣

Personally i thought he was overly bullish, unwarrented enthusiasm. I don't think we'll be seeing any fireworks anytime soon. Plant still has a long list of fixes to go through.

But happy to hear he is sorting the export licence as we speak and that some lower quality spod might be able to be sold off sometime this summer.

I don't believe a lot he said and the timeframes provided, he waffled on quite a bit and dodged some major questions, but at least my expectation of some form of production l, and therefore some form of revenue, by end of July is looking more likely.

Acker i hope you vote NO on the next EGM. How many times do we need to get diluted accompanied by broken promises before people oust him out?! A new experienced CEO/Project Manager would have an immediate positive impact on price. The market is tired of GR obviously. Even Mark at Stockbox laughs at his replies, jist watch his smirks when GR talks.

Indeed, as I said before, nothing for April and now certainly nothing for May. My worries will begin late July in case of no sales and revenue, at that point another raise will be a must (whether it gets aporoved or not that is another matter). Selling a few tonnes of SC5 will barely make a dent in the debt owed.

Stark left a mess and will be more months until resolved, if.

Let's see what GR has to say in the interview but we're clearly no out of the woods yet.

Once again I agree with your dose of realism Acker...how many times do we need to see ore getting fed and come out the other end!?

All we need to know is how long can the plant run for? How much can it produce? And at what official grade? (nevermind the onsite Fisher Price lab)

Just get the placings out of the way George, no need to tip toe around it. Get your funds and resolve these matters before you need an EGM to ask for more!

SK, i clearly remember you saying you had about 500m shares 18 months-2 years ago. Guess you sold a bunch and bought more back recently?

I had zero expectations this April and still have zero expectations this May. I do expect, and pretend, some form of plant normalisation and production by end of July though.

SK, if GR delivers nothing, runs out of money by summer end and calls an EGM to ask for more funds, will you vote YES again?

True, I agree with you, but if that is the case (this last 4.5 billion is only for debts and to keep his cronies happy), there is zero chance that investors will approve another dilution round. GR was stupid for not raising more but he's made his bed now. If he comes cap in hand again, i hope you, SK and all the other large holders vote NO this time!

He either delivers production by max July end or he's done imo, or Canmax steps in to do things their way. I bet Canmax is sitting there with popcorn and a beverage watching it all unfold.

Acker, what bullish run? And are you saying PREM will have to raise more beyond the already approved 4.5 billion shares? How will GR get that approved?

Glad you lot are coming around to the idea that this is GR's last chance. No way another dilution round will be signed off by Canmax nor investors. He has his back against the wall and has to deliver by July-August or he'll certainly get ousted.

Canmax is happy to sit back and either wait for PREM to collapse under its own lies/missed deadlines/debt or to buy more shares in the company and decide to run things. Either way, they'll be getting a bargain.

Come on George, get this plant to work or you'll be buried in one of the pits together with past engineers, COOs, LIBS system etc before next autumn.

Thanks Acker. Why release 2 RNSs back to back? He could have just taken 2 billion shares yesterday 🤔 at least we know he's alnost half way through his dilution round. Let's go GR, get this production started asap!

Aim, theu better be grest news catalysts because with the lack of trust and with knowledge of further placings to come drip fed ovrr the next 3 months, i am not sure the price will do much.

Bighest catalyst would be "Plant is now fully operational, it can run 3 weeks consecutively l, it can produce 4k tonnes as per contractual agreement, and the official and tested spodumene quality is X."

Anything else and the reception will always be luke warm. Imo, 3-4 more months at the most until the make or break moment for PREM/GR.

Yesh surprised he only used one fourth of the shares. To me first production is June at the earliest.

Get this done GR or next autumn you may not be CEO any longer and PREM could be called Canmax非洲矿物

Yeah good RNS, happy with that, lots of facts and updates. OEMs being efficient so far. No esrly shipments but roll on June and initial profits 👍

That's great Acker, appreciate your positivity. What if it doesn't? Surely an experienced investor as yourself has some form of risk management?

I see zero shipments now, some output sure, but not enough and not in the quality Canmax needs. June is a different story. But again, if he finishes the money and still no production, then what? Will you approve another 4 billion shares for him to keep his toy on for a other 4 months? This is GR's last chance imo.

"So, if we ship next week...."

Come on SK, keep it real. I also might win the lottery next week. There obvioisly won't be any shipment in April. Plant is running at very low capacity and ramping it up causes issues to single components. Machinery can only be on for 24 hours.

Some questions to you SK, same I asked to Acker:

What if, GR spends the money from the raise and still the plant cannot do what it is meant to do and still no full 4k tonnes shipment as per agreement? How will GR raise money then? Will you approve another dilution round? When is Canmax going to stop playing "nice guy" with GR in your opinion?

If GR cannot get the plant issues resolved and some form of production by the time he finishes his 4.5 billion share dilution fund (which i suspect will be around July-August at best) then I'll be the first one to ask for his head. At that point he will have nowhere to hide and Canmax will want him on the chopping block as well, there is no way they'll wait another 2 years for GR to wake up and give them their much anticipated spodumene.

Last chance saloon for GR imo.

I kind of lost hope of any shipment when he mentioned no export licence yet (which means he has been lying about production date of end of March since January), about the 100 artisanal miners helping out like little lemmings and of all the technical issues the plant still has across multiple components. Plant can only run for 1 day and then must be switched off? We are clearly still at the initial stages, will take weeks and a few months to resolve all (but according to GR it was hours and days and not weeks and months).

Time to put this on the back burner for a while.

Decent review by Steve of yesterday's Q&A.

https://youtu.be/XOP8QKmgGgo?si=lxbLVQWm9gp3FvrD

No!! Don't ask him to post, price drops 5-10% everytime he does 🤣