Member Info for raaydaar

Well I guess we will just have to wait and see then you can agree with me when the supposition becomes undeniable on a burst bubble or lead balloon basis.

You're very welcome, it's a fact I cannot deny. Can you agree that unless GR delivers a positive RNS tomorrow then the price will drop as it did today after the initial jump?
Can you agree that if GR delivers a negative RNS the SP will indeed drop significantly?

You are correct Aspenwood, will it be higher by close of play tomorrow if no rns? PIs have bought the hype, the bubble is about to burst if GR doesn't deliver something positive and will be less bubble and more lead balloon if he delivers a negative RNS. The silence today was deafening as far as I'm concerned given the leaked video over the weekend.

Snowking, now you're going down the "appears to be institutional" route. You have as much idea about who was buying or selling as anyone else here, institutions have many ways to disguise their buys via "warehousing" so as to get the price they want and not affect the sp too much. They'll be buying large volumes before publishing the trades, not 5mill or 2mill here and there. Todays published trades are unlikely to be institutions buying, Sounds to me like you're becoming more desperate to validate your conversations with GR, rather than accept the fact he has misled you and misled anyone that has been suckered in with the videos and interviews

Drop in SP comes to GR that waits. For all his "we expect" this and "we expect" that, his expectations haven't been met. Unless he confirms by RNS (not email or phone call to Snowking et al) then the SP will steadily fall. It's likely that commencing production is now priced in and those in profit will now look and see (as I did) an opportunity to bank profits on the drop and buy back later. GR has once again dropped a clanger and deceived the market once again with his leaked conversations.

GR creating enough FUD himself

GR knew exactly what he was saying in the interview, he knew it would be leaked and the twitterati and telegram gang would be all over it. Unless its in an RNS then he cannot be trusted. Look back at all the social media videos he's released, the one with the Zim employee stating 14th Feb for HC, or the recent Stockbox interview where he claimed they were on target for production end of Q1 (1h 13 mins into interview) knowing that they were awaiting the reagent, the required permit and knowing some equipment was stuck on lorries at the border.
"We've been saying for some time that we anticipated first spodumene production in Q1, I know it's getting pretty close to the end of Q1 at the moment, but so is this plant being able to get pretty close to being able to produce. To be quite frank I think right now that there is every every chance that we will hit what we've been saying we will hit and that it is more likely than not that we will hit that first spodumene before the end of this quarter."
A bold statement that was clearly untrue and he more than likely knew it was untrue given he kne about the lack of permit and reagent details of which he released by RNS shortly after the interview. People need to take what GR says outside of an RNS with a pinch of salt

Snowking, this video which you and many have out so much faith in is yet another example of what I was saying and my distrust of GR.
I was sent the video by a friend as we have been discussing my point of view and I wasn't aware of the existence of the video. I pointed out that GR body language suggests he's lying when he talks about the reagent arriving over the weekend, he looks up and to the right, a classic sign someone isn't telling the truth.
Acker I'm totally in agreement, when (and I'm sure it will happen eventually) the mine starts production there will be gremlins, adjustments to be made, shutdowns due to failure of one or more parts which aren't on site etc.

1. No
2. No
3. No
4. 0.98

Evraz my average on my 30 million shares was significantly lower that the price I sold them for, so I didn't miss out on getting any cheap shares.

Snowing, whilst my posts may appear negative that's not my thoughts on the company. As I have said I have been invested here for a very long time (until I sold out recently). My negativity is aimed at GR and my doubts on his honesty, integrity and claims in social media which are then contradicted in the official RNS releases. I'll believe that the reagent is on site and the missing permit has been received when it's either announced in an RNS or they RNS commencement of production of a high grade product (not bypassing the circuit just to announce commencement of production).
If GR can get this right then PREM will be a great long term investment (zulu being a buyout target, additional mines in the epo etc). However I think there will be more disappointments to come in the near term hence why I sold out, I will buy back in at some point in the future even if I have to pay a higher price but I've a feeling I'll get opportunities at a lower price.

Still here waiting for the official RNS. Twitter posts mean nothing

I don't take anything personally Snowking, there's been nothing to say that I'm not wrong, perhaps you've had another vague communication from George suggesting the reagent is on its way or on site, until we see an RNS that this is the case then it's a case of Schrödingers reagent. I've no doubt we will find out at 7am on Tuesday. If I'm wrong, I'm wrong and would be very happy to be wrong, I've had faith in this company for far too long and been disappointed far too many times. The time was right for me to bank profits that were way overdue. Will I have to buy in higher than I sold out at? I think that's unlikely there'll be a big sell off if you're right and I'll be able to buy back lower, there'll also be a big sell off if I'm right and I'll be able to buy back even lower, either way I'll be fine and if I'm way out on my thoughts and I have to pay a higher price then so be it.
People become too emotionally involved in shares. Bank, Bank and Bank some more is my philosophy and it has served me well so far.
There's plenty more to come from PREM but I still think I'm right about the reagent and the mine gremlins will also hamper production.

There won't be an RNS tomorrow confirming operation of mine unless he decides to bypass the circuit and produce a lower grade to appease the market and those who claim certain knowledge. In my opinion the reagent will not arrive on site by Friday, it's unlikely it will arrive on site before the end of April (although if it was ordered some time in March it MAY arrive before the end of April). I've been invested here for many years, I thought RHA was the saviour of the company way back them and George had got it right, I argued with the detractors such as crazycacti who saw the bigger picture at the time, they were right. I'm seeing the bigger picture now, George now is the same George he was back in the RHA days, he will tell anyone emailing him what he wants them to hear jn a vague "I believe it's a process issue" type response. I don't believe there will be a placing, I'm sure even GR can negotiate an additional offtake deal at terms favourable to the Chinese. As I've stated preciously I think the next rns will be about some form of delay due to customs or air freight issues, unless he does go down the let's produce a lower grade and see if we can sell it to the market route. Zulu will eventually deliver and make money for the company and shareholders but right now I believe the news many are expecting won't happen and the gremlins will add further delays. As it stands I was right to sell my holdings down ahead of the pre production hype. I'm waiting for the drop and will determine a level to buy back when the inevitable (in my opinion) rns comes. The twitter feed is a red flag as far as I'm concerned, not too long ago we had the guy talking about being on target for 14th Feb, take it with a pinch of salt along with knowledge of chemical suppliers and delivery dates, reagent would need to be in country by now for production this week.

This is the fault of GR, he did an interview saying production before the end of March knowing full well they didn't have the required permissions and the required reagents to produce the correct grades. Some here have allegedly been told the permissions will be obtained and the chemicals will be on site this week. I'm not convinced, I sold my remaining 5 million over the last 2 days. As I see it the permit may come but the reagent is weeks away. Just my personal opinion but if GR is willing to lie on camera then he's more than willing to lie in alleged emails to enquiries from investors. If I'm proven wrong I've lost nothing as I've sold at a profit and will buy again with a lower holding since the future potential is dividend paying, if I'm right then I get to reinvest at a lower SP. 2 convenient trading days left this week and 4 next. I suspect I'll be right

We're all keen to see continual progress and I'm as impatient as most others but in the world ALGW operate in things move at a pace non of us appreciate. We are a very different company to the one we were just a couple of years ago, so much progress has been made but for whatever reason the market just hasn't recognised that. The 2B plan is a fantastic road map to where the company see themselves in a couple of years, I personally think that this plan is a case of under promise and over deliver as it seems highly conservative to me assuming the right acquisition opportunities arise and I'm sure those opportunities have already been identified and the team are in discussions and doing the relevant due diligence. I'm hoping that more will be revealed either before or with the accounts. There'll come a point where the wider market will see the opportunity here at which point the current SP will become a distant memory. How near or far away that point is only the market can decide but patience will pay off. I'm taking the current opportunity to add further, took another 269k yesterday and will keep adding when I can.

Mcwigan accounts are due by end of the month. The brokers note should give you an idea of what to expect although I'd like to think they've erred on the cautious side. Hopefully have a strong forward looking statement and more info on what has been happening since year end

They will be resolved in the coming days and in my opinion the update will be along the lines of: "The reagent has been sourced and delivery to Zimbabwe has been organised. Due to paperwork, customs and aircraft availability issues delivery is not expected to Zimbabwe until early May at the earliest, we will update the market on this as soon as more information is available"

Snowing,
I'm using my experience to determine what I consider to be the relevant timelines. In 2018 I shipped a canopy from a Buccaneer aircraft to South Africa for a friend who was restoring a jet in SA. His friend was the chief pilot for Cargolux who were shipping the canopy on our behalf. From the date of first arranging with the company to ship from Manchester to Cape Town it took a little over 7 weeks for the canopy to arrive in Cape Town. 2 weeks from me delivering it to Manchester until its arrival in SA. That was a straight forward non hazardous transport of a single item. You need to understand that even if George ordered the chemicals a couple of weeks ago and completed the extensive paperwork for hazardous cargo and got the relevant customs clearances and approvals from the carrier along with the required processes and equipment for cleaning potential spills on the aircraft, within say a couple of weeks, so the shipment is now at the airport ready to be loaded. Unless George has filled the aircraft with reagent then it will have other collections and deliveries to do. For example a cargo flight from Stansted may first go to Rome, then Brussels, then Frankfurt, then Madrid, Algiers, Cairo and Joburg before heading to Harare. The crews are limited to their operational hours so need to spend time resting. It's unlikely GR will contract the likes of FedEx or DHL so the cargo operator used will likely have a crew that will work a 2 months on one month off and will stay with the aircraft for the whole of the round trip back to its base. A trip from Stansted to Harare could take a month with stops and mandatory rest periods. I don't believe George has already got to the stage where the chemicals are sat waiting at the departure airport. At best I believe he's doing the paperwork still (there's a shed load for hazardous cargo). I hope you're right and I'm wrong, but I've a feeling the next rns will highlight delays with paperwork and customs etc.

If it had been acted upon then I'm sure George would have said its on order and expected in Zim on X date as he would have paid for the cargo transport and known when the aircraft would land in Zim.