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Hi Laverda, it always has been traders paradise, since I first bought in 30 months ago. The point is that a lot of real constructive and knowledgable posters have left here, well before you arrived as well. A lot of the new ones, including those from the KOD board, have been pretty useless at times with fake news, name calling and negativity. Everyone's emotions go up and down with the sp, not all become vile during the process.

You joined late, the type of constructive and useful knowledge board died about 6 months ago, replaced by people that thrive with negativity and name calling. A lot of the LTHs have either left or gone mostly silent.

I rather overly positive to overly negative, but that's just me. I tollerated Snowking with his constant ramping lies, at least he was always bullish though.

Sorry for the dumb question but, why do a placing now when the company just drew $1.7 million from GR's loan? Wouldn't a placing be required more towards September?

A bit high on iron oxide (Fe2O3, my chemistry is a bit rusty, pun intended) but that can be resolved on site with the magnetic seperation from the plant. 6.5% is a great result, makes the product highly commercial. Looks like the 2017 test results still stand today.

Now if they can only resolve all the mechanical/technical issues and start producing that would be great!

Hi johnny, the details of the agreement are missing, people are starting to realise this, so it won't go up past .7 yet. However the confirmation of common sense prevailing with both parties back together at the table is enough to drive enthusiasm. I reckon GR is releasing a piece of news at the time in order to squeeze the most out of the share price before he sells his part to maximise profit. We are heading in the right direction which is the most important thing. Look forward to reading the new contract.

No RNS means no conference attendance from me tomorrow.

Bought another pinch this week though, new average p0.328, hopefully great news on the vote and agreements will come through official channels next week.

@Steward1 enjoy your bday celebrations and have a great weekend all.

Kind of funny that as soon as you posted, 4 buys came in to equal 12 million.

Let us have news before the 12th please or that conference will be meaningless 🙏

He does have a point though. GR and Stark have been throwing dates and words around for months now, acting almost smug at times. And none of those timelines or words have been met.

So at the end of the day, at least to me, if it is not in an RNS, it means nothing.

Roll on some good news this week, I doubt GR wants to fly through hemispheres just to get small sized £9 Budweiser bottles thrown at him. Anyone going to the conference? Registrations close tomorrow I believe.

Medjed, that is actually a plausible explanation, fair enough. Thank you all. Onwards and upwards!

Anyone thinking of going to the conference?

But what does that mean? He's going to use it for long term financing? Why need it if we are producing and selling? Seems like an overkill to me and a contradicting the positve news being released. Of course GR knows things we don't and Canmax might win the vote and put us in trouble but 5 billion to keep aside "just in case" seems a bit excessive? If we can actually produce SC6 wouldn't we rely on a potential new investor? I voted FOR by the way, just trying to get my head around why raise the float so much for "future headroom".

But again, as most of you allude to, if discussions are amicable, if a new deal is struck, if we can produce sc6, if we can sell it in a few months, why raise 5 billion shares? Wouldn't 1 or 2 billion suffice to keep the lights on until first shipment even if it's just for a handful of tonnes? Especially as such positive confirmations would raise the price so the 5 billion may be too much?

Hi Jenkoo, of course Canmax will want more benefits and reassurances for the future, no way they will want a repeat of what has happened, that is totally understandable.

However, if the parties come to a new amicable agreement, does PREM really need to raise 5 billion shares still? Wouldn't that exercise be pointless at this stage? Any thoughts are welcome.

Have a great day all!

Love it! The fact that the relationship with Canmax may continue for the benefit of both parties has injected some new hope in the market, especially for those on the sidelines unsure of the outcome. If next RNS confirms the initial agreement (plus some extra benefits/reassurances for Canmax of course) we will see the high 0.50s and maybe even 0.60s! Let's go PREM!

It is very odd indeed, appreciate PM1 for being on the ball since 7am and catching it. We should see a slow increase as the word spreads.

Acker, so good to see common sense prevailing with Canmax. I am pretty sure they will want a bigger piece of ownership now. Shame that Stark still cannot deliver on any of their targets and promises, they must be sweating bullets.

But glad to hear some positives finally. May even pop in at the conference on the 12th if available.

Elliselblow, very hard to say. I know that us small guys at T212 have a limit of 12 million shares so our impact is fairly small compared to the giants holding 100 million shares here.

Hi Elliselblow, yes that is correct, Telegram group and Whatsapp group.

To be fair I have always received voting emails from T212, they've always been fair.

But we at T212 are "small fries" compared to the big players here and in the telegram group due to the size limit we have. But it's still good to get every vote in.

Great thread everyone, thanks. A bit of an update on Stark works, some update on July 1k tonnes target, some type of breakdown of what the 5 billion shares will be for (sales pitch) and a little bit of cap in hand behaviour. But i agree with those that hinted towards this being an interview where he needs to rebuild some trust and faith into the market. Should be considered a highly strategic interview imo.

Noel in the Telegram group has been trying to keep a tally of the votes made, not sure how reliable it is though, probably not much.

https://ibb.co/mRBHV9L

All resolved, all voted. Good luck to us and hope we get more clarity with the interview.