Member Info for raaydaar

If its not SC6 then they'll be forking out the $1.5 million to Canmax as the offtake agreement is for 1000 tonnes ±10% of SC6. Also need to remember that the plant doesn't run 24/7 there's scheduled downtime (if I remember rightly it's 9 days a month but happy to be corrected on that) during which they're not producing anything at all. So they've essentially got approximately 21 days a month to produce sufficient quantity of SC6 to ship by month end.

Gold, we're still waiting for the RNS you said was logged over a week ago, telegramp group struggling now are they? Can't sell at a profit? No spod of a saleable grade has been produced in a saleable quantity if it had been George would have beeen talking to Mark "leading question" Fairbairn for the last few days. I'm sure Snowking had lunch with George and Mad Man Madderson yesterday after his ramptatstic posts and will be back to tell us stories, until then they've sent in the B team captain Gold_Investor and unfortunately he's not very good at the subtle promotion

Tony, you've admitted to the telegram group that you've traded your way with PREM, don't deny it, any holdings uou have are virtually all a free ride from taking advantage of mug punters who listen to your "I had dinner with the Stark CEO and GR" tupelo posts. What came after that dinner? Certainly wasn't anything good like you suggested!

I see Snowking has materialised Ince again. Sp didn't get quite high enough last week for him to sell so he's back with more mysterious and intriguing statements to suggest to the masses that all is well. He and the rest of the telegramp group or is it a whatsramp group now as the telegramp group can be ramped into.

As before GR silence is deafening, you know its not going well when there's no rampy social media posts.

Real Talk, its 1000 tonnes SHIPPED by the end of November ±10% not produced. That's the key here, Stark have said (if you can believe Madderson after his totally unprofessional tweets) the plant can produce approx 250 tonnes per week so they need to confirm production of SC6 at around 250 tonnes this week to meet the shipment deadline

Why would they post on the telegramp group that they're selling? The whole point of the group is to brainwash the fickle jnto believing Snowkings narrative so everyone buys whilst they sell. Anyone that has a gramme of negativity is instantly removed from the group. That should tell you everything you need to know about their agenda

Kenny we all regret not selling at 8p or buying above the current price. I've got some I bought higher post placing. I've every confidence we will see those previous highs again but hopefully not before the warrants expire. I'd like to see the SP about 3p before the warrants expire in December and then we're free to move upwards without fear of the dilution of the placing shares coming ro market. I'm sure there's things in the pipeline, just a matter of the company concluding the deals.

Agree Mozax, now is the time to be accumulating. Up another 13% so far today with very little volume.

Watcher, I made my koneybon PREM in the rise to 1p, I was sensible, used my head and could see what was coming, just like I see what's coming now, I'm not a buyer at these levels or 30% less, I might reconsider if it drops back to 0.1 but what have to evaluate the risk of PREM becoming insolvent if that happens

Clueless, the article hits the nail smack bang in the middle of the head

"Expect a sharp decline in PREM shares if the Zulu grades are less than 5%. However, if this is the case, it is unlikely Premier African Minerals will reveal the exact grades."

So far PREM haven't released any grades whatsoever.

Watcher, the telegramp group would have you believe that an RNS was logged last week, in one of their vain efforts to pump the price and sell their shares. Don't tell me you've fallen for Snowkings tricks and that's why you bought back in and have now become pro PREM? I've been saying for years yhat the best thing that could happen to PREM is for George to step down and he nearly did but just couldn't help himself. The fact is that PREM is a news driven share, people buy in anticipation of the targets and hype and sell on news or sell when that anticipated news doesn't come. Once again the silence is deafening, as Jaglith has said they need to be producing SC6 around about now in order to fulfill the required tonnage by the end of November. They're clearly not producing any SC6 or anything close to SC6 otherwise we would have known about it by now. How much do you think the SP will drop if there's no announcement in the next 3 or 4 days or if they announce a delay because they can't get the grades? That's why people are selling, why buy or hold now if there's a good chance of a 30% or more drop?

17 days since the rns that the mill was installed and nothing since suggests to me that there are other issues. Every day closer to November without production and confirmed saleable grades is another day of csshburn and another closer to PREM having to fork out $1.5 million to Canmax. Market waking up to the fact that George cannot be trusted to deliver.

Gold_Investor, we're still waiting for this RNS that's been logged since Monday. Any chance you or any of the telegramp group can let us know where it is. Don't think Snowking has managed to get the price pumped up enough this week to sell out his position. Maybe his minions are getting wise to his and the rest of the groups tactics.

The fantasy rns we've been told was logged days ago but has surprisingly yet to appear. I recall another famed rns that was logged and didn't appear for days, when it did eventually appear the SP dropped 30% as the news wasn't as the telegramp group had told everyone. I wonder why Snowking has been making an appearance these last few days? 🤔

Video of the plant previously running hardly means all is good.

Johnny you forgot to add 5. George Roach inevitable failure with every project undertaken by PREM

Gold_Investor, Where's this mythical RNS you speak of?

Yes you're right material being fed in consistently, but unfortunately in this operation it's not about what goes in it's about what comes out and right now it's not SC6, when or if SC6 comes out of the back end is yet to be determined . Realistic nameplate of 125%, that's a theoretical possibility nothing more. Handover in Q1 yes if they get the new mill delivered and installed. The last two are likely months away if they'll happen at all. What's of concern is the ability to produce SC6 or SC5.5 that's what makes PREM any money and as it stands the plant needs further modifications and testing to determine if that's possible. Reality check folks, nothings changed other than a mill is now milling material that's feeding a plant that's still not producing spod of a saleable grade

All I got from that interview was that the mill is working and feeding material into the plant. The remainder of the plant requires optimisation, PREM aren't producing suitable grades of spod and still may not. Nothing at all to get excited about, we're roughly halfway through October so around 2 weeks to get producing SC6 from a plant that still requires optimisation and then whatever is produced requires testing to confirm grades. Onsite lab still not confirmed as operational so any product will need to be sent away for testing. Lots more to do that could and will likely go wrong before anything saleable is produced. I'll stand by my statement that no SC6 will be produced in 2023 and PREM will be looking to raise before the end of the year at around 0.15.

Dazed that would be highly illegal