Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Joey you say pull the trigger take 10% loss you said that at 0.30 now those bought made over 20% so not very smart when there’s money to be made if you went short then you’d be down now or stopped out🤷🏼♂️ swings and roundabouts you can’t always call tops and bottoms, I don’t trade I hold long term and continue to do so, info is a valuable thing you’ll see my friend just open that short position already🤷🏼♂️
Acker - I know your a genuine investor and have been here for a long time, I’d also like to add hold tight and you’ll be alright👍🏻 I don’t spend much time on here as i spend it gathering info and I’m more than happy to hold prem, very very good times coming!
FM - 2 separate lawyers one in London and the other in Toronto Canada both come to the conclusion that FM stands, read the RNS it tells you exactly which section of FM these issues come under I believe it’s section 12.1 but anyway, FM will stand and there’s 3 ways to remove FM.
1) canmax come back to the table and the resolve the issues and come to agreement
2) go to court in Singapore which takes months and the court tends not to see you unless you’ve both tried to come to an agreement before going to the court so canmax and prem have to talk
3) prem decide to lift FM
Iky786 - we have until 7:30am Monday to publish accounts or trading will be suspended, however for prem to say we see no reason why accounts won’t be published then even if they did get suspended it wouldn’t be for long as soon as they publish the accounts the suspension is lifted, personally some on here are scaremongering over suspension but it’s happened before to prem and others it’s not a big deal
They’ve been saying they’re committed but it’s been extended multiple times, something is a miss and I’m sure we will find out that’s if it doesn’t get extended again come end of august this now pushing plant build back even further so won’t be only until end of 2025 at this rate… long time to wait, I did say I think when the agreement is finally made then it will spike and drop off back to 0.40-0.60 as these claiming to hold will sell and go elsewhere to make their money for 2 year, do not get caught out make sure when it does spike that you sell or you will be left holding this until the plant is build and producing which is a very long time…
I did say weeks ago that this will slide however I did expect them to be agreed this month and there to be a spike where traders would sell, however that was no the case! Is something a miss with this deal why so many delays they’ve had plenty time? I’d be slightly worried with this now and it will continue to slide down there’s no doubt
Jesus we can tell prem is a hot stock, all these comments people pushing the extreme of negatives they can possibly post to try and scare investors, those who hold will be rewarded, I’d love those with negative views to put their money on the line to open up large short positions because they’re going to be trapped when this rises and mark my words it will rise! Massively undervalued at this price but each to their own take positions and await news, personally I’m going long as I see a new offtake parter stepping in should canmax stick to terminating although it may be a negotiating tactic, I know the hydro sizer and UV sorter is through the zim border and will be instead led within the next 7-8 days which is an excellent progress but Geoffrey will cover that tomorrow morning, traders will battle this out for short term gains, I prefer to hold longer term and for me I see 3p+ per share in 2024, GLA
Johnny- if canmax walked away and it’s a massive IF, then prem has 90 days to pay them back, during that 90 days GR will negotiate a new deal with the other investors who are desperately trying to take canmax’s place, some already offered to pay off the canmax prepayment to take their place, so therefore we don’t need to raise, GR is smart enough to negotiate in the new deal enough money upfront to pay off canmax within that 90 day period, therefore I don’t see canmax not signing the agreement it is very unlikely!
Read comments section seems positive
https://www.linkedin.com/posts/stark-resources_mining-engineering-lithium-activity-7077256780556247041-LH_q?utm_source=share&utm_medium=member_desktop
Funding package delayed once already until the 30th of June, it may be worth slicing a few in case there’s further delays with these negotiations. Hopefully not as I want to ride the spike up to around 0.85 then sell come back in 18 months time see if the plants built and working then may buy back in for production starting as it will be awfully quiet with very little happening until the plant is producing…. VERY LONG WAIT
I have a small holding in here which I’m tempted to hold ready for the spike then I will sell wait a few month for the drop as investors cash in and move else where then return in 18-24 months if all is going well, prem are not on the cusp of having the agreement pulled😂😂 canmax negotiating a deal and I carry out my DD in ways some can’t so let’s see how the deals goes I can assure you canmax aren’t going anywhere!! Anyway enjoy your day and genuine holders I hope you remember when I say spike on news then no plant been built or production for up to 2 year this will not hold on that spike, seen it multiple times on all stocks it’s even happened on prem so I’m not been biased it’s how the market works, money moves to hot stocks and then returns, 18 month to 2 year from when they make a start here so price will settle around 0.50 IMO
Https://twitter.com/DeadEyeBeaky/status/1670726428046835712?t=gbwFseStw29p5auEgWy0uA&s=35
As I’m trying kindly visited prem, I noticed his post also related to KOD as well, price here in a slow drift if not signed this month sub 0.50 easy May be worth slicing now before then, I’ve said before if the agreement is signed we will see a spike then as no plant will be built or running for 2 years the SP will settle around 0.40 as investors go else where to make money before returning here, GLA money in the bank is safe plus to buy that KOD DIP THAT IS INCOMING
LAST CHANCE TO BUY BEFORE CANMAX SIGN THE AGREEMENT https://twitter.com/DeadEyeBeaky/status/1670726428046835712?t=gbwFseStw29p5auEgWy0uA&s=35
Johnny - I agree very high risk, Laverda was just point out on prem how there’s nothing positive about prem, I thought I’d check this board to see what’s positive here, it appears SP drifting as delay in signing for funding and once funded at least 18 months or more until a plant is built and then needs optimising so could be 2 year or more before Kod does anything, by then mali and the market could of changed drastically, spod prices could have come down and settled, plus Kod own around 38% I believe, prem has canmax agreement verbally agreed and they won’t be walking away, prem own 100% of Zulu. I’ve noticed slide in SP on KOD explains why some here spend time on prem board, nice to pop in and see why so many come to the prem board as they’re bored of waiting here.
I see Kod spiking on the deal all been signed, pumpers will sell for a nice profit and price will then come down dramatically as people go else where to make money then they may return in 18 months time to catch the Kod rise once the plants running, personally I may even join myself once the plant is working and if mali has calmed down a little😁