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Fair enough, we're on the same page then, pretty much as usual 👍

That's all good Acker but what happens if the money runs out this summer and the plant is still not at nameplate production or has more technical gremlins? GR won't be able to raise more, at that point his head will surely be on the chopping block? There is only so much patience Canmax can have before they make their power play.

Dazed, this is his way for saying "Sorry, yet another promise and deadline broken, no shipment March. However, because I need your votes, I will do a Q&A trying to appease as many of you as possible."

It's a fairly useless exercise mate, nothing new from GR.

If the vote passes, which I am pretty sure it will unless Canmax pull the rug, GR will have enough cash until end of summer. If no production by then he will have nowhere to hide.

Roll on the vote, AGM and then Q2 as this Q1 was a waste of time.

Agreed Acker, i want a copy paste of what has been done in Zulu over at the Mutare project, except this time through a proper JV and without Stark, new vendor required. I bet we could even pull off a full blown DFS over there.

With the March shipment deadline pretty much out the window, the only catalyst up or down is the AGM now. I feel like it will be a pass anyways so not too worried. Shame that Mark did not ask about the mining licence extension and did not push GR on exactly how much spod has been produced.

Did anone else understand the part of him asking Canmax to send resources to site to work "with the onsite lab results"? Is he trying to pass the internal lab results as official ones and asking Canmax to buy spod from PREM just using the onsite lab and not official lab results? 🤔

I've given up on Q1 and most of Q2, too many components of the plant still requiring optimisation. Roll on June for better days.

Yeah i didn't understand the whole "To approve for the period commencing twenty four (24) months following the date of this AGM" thing.

The notice does say that shares raised will be used to pay debts and lost court cases but that the remaining shares will be used to make the plant work and general working capital.

How long before Canmax make a power play Acker?

Yeah would not be surprised to see Canmax pull the rug under GR in the future, for now they are just sitting back and watching GR trip over himself. Going to top up some more now but then that's it, will round up my holding to an even number and never buy more shares again. It's a waiting gane from now on 😒

Agreed. I'll add that today i bought more PREM shares for the first time since the disappointment of last summer. Bring on whatever financial solution, and if it drops further, I got more powder ready!

Hopefully the spodumene price has bottomed out and this is a full reversal.

SK everytime you post the price collapses 🤔

He's really annoyed and I get it. He should interview GR maybe

Mark got shredded in the comments for being too soft, glad some investors spoke up. He was not prepared for this interview.

Acker, i think we are both glad Stark is out, but once financing is resolved, how do you think the onsite engineering team will fair on their own? Do you think PREM will require more third party help in order to get to 4k tonnes of SC6 per month or can they achieve?

Thanks Kellysheroes, super helpful 👍

News incoming, here we go ladies and gents, fingers crossed

Cheers Acker, that's a 2 week in a row rise now, hopefully it settles as new support above $1k.

Funny how these posts use to get criticised a few weeks ago, now that prices are rising everyone changed their stance and likes. This bb is fickle 🤣

PDAC in Toronto ends tonight, give the man time to return and prepare the news/updates. Friday release would be ideal but wouldn't be surprised to get one early next week as GR may be busy.

Let's not forget that Ethiopia just came out of a civil war, with some pockets of rebellion and fighting still ongoing. They are also entering a 6th year of straight drought. I think they have other priorities now than dealing with mines.

Having said that, potash prices have come back down to normal levels, 2024 outlook is positive with increased demand....Circum may still come in handy in the future.

And the winner is: Acker for having guessed a close at end of day of p0.32. Not exact but the closest to the mark. Congrats, you win our sympathies 🏆🍻

Happy with that as well, i just don't understand why release a vague and frustrated RNS when the next day you provide more clarity via video? RNS reaches thousands, videos hundreds.

Acker you might win the bet afterall 😆

Exactly Mick, but don't tell Snowking, according to him we are in a goldilock zone 🤣