Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Laverda - you literally say anything one minute you try to sound slightly positive while have shuttle dogs at bad things then now your saying we rely on a minimum output to keep our head above water, everyone starts somewhere for example gymshark was started in his house printing on T-shirts, then his garage and then so on, your trying to slate a company for taking a different route which could be very beneficial in bringing in huge revenue potentials, plenty room to expand and increase production so let’s see how this plays out, I’m confident with canmax onboard desperate to have the offtake from prem and stark building the plant this will come good
Yea there’s no lithium and canmax approached prem to make a deal to build a plant to produce spod, turns out it’s only rock and there’s no lithium, how silly of a $5bn+ company to still be making deals with prem after spending $13m in shares and $36m for the plant on a prepayment!! Imagine we have canmax who carried out due diligence and are still doing so they have access to everything they know what prem has or there’s Laverda with absolutely no idea what prem has, spends his days on a BB spouting rubbish thinking he’s a mining expert, I will stay invested as the $5bn+ canmax are happy with what they’ve seen so I guess laverda’s mystic Meg predictions haven’t changed my mind this time😂 CANMAX ARE WANTING TO STAY, LAVERDA SAYS RUN, QUICK EVERYONE MAKE THAT HARD DECISION DO YOU SELL AS PREM ARE GOING TO CRASH AND BURN OR DO YOU HOLD AS CANMAX SEEM INCREDIBLY HAPPY TO SUPPORT PREM? I’LL STAY!!😁
Or the other side to all the doom and gloom saying placings, price dropping and blah blah blah is we could get an RNS confirming SC6, the canmax deal signed with funding upfront and we are back to 1p+
There’s always 2 sides but most with the agenda who aren’t invested and come from the KOD board to try and spread fear obviously pick the doom and gloom option to cause fear and panic, I’ve said it before and I’ll say it again Laverda, raaydaar, Raymond Jackson and others are not invested and just deramp to suit their agenda as Kod isn’t doing anything for at least 18months and oh boy do I look forward to seeing how much the markets changed by then, Mali is high risk and could cause issues in that time and their plant will have hiccups at the beginning but I will be sure to appear on the Kod board then to discuss how its all going wrong as you’ve kindly done here whilst not been invested😁
Email proof - https://twitter.com/DeadEyeBeaky/status/1667580260056027139?t=7MzxL82PSxTk2XwHzPfc2Q&s=35
Joey - he will not set a camera up, look at this board already with all the slandering and rumours that are made up to cause fear and deramping, if a camera was up we won’t hear the end of these mining experts that pop up saying “they’re doing this wrong and that wrong it will be a constant slander fest” just enjoy the stockbox videos and site media etc, if you have any questions not time wasting ones I’d only ever ask important questions that can be answered and are not market sensitive, prem is in a great position I suggest everyone does there own research but a good stock always gets bashed, canmax to make a revenue sharing agreement with prem after missing a deadline? We have exactly what canmax want hence why they won’t leave and said as long as they can have access to what Zulu produces they will help us to whatever the extent is, that’s from GR in yesterday morning interview, FOLLOW THE BIG BOYS AND FOLLOW THE MONEY💰 GOOD LUCK🤝
I THOUGHT I’D UPDATE THE GENUINE HOLDERS, AFTER AN EMAIL TO GR, HE IS AMAZED HIMSELF TO SEE THAT IN THE CHRONICLE! HE SAYS “I HAVE NO IDEA WHERE THIS COME FROM, I DONT HAVE THE GRADES FROM THE LAB YET”
THEREFORE I’D IGNORE THAT CHRONICLE AND AWAIT THE RNS😁 ANYONE CAN FEEL FREE TO EMAIL GR IF THEY DONT BELIEVE ME AND YOU WILL GET THE SAME RESPONSE
Wolf - I agree you know this is due to blow and the reason is we’ve never had so many new faces and derampers as what we have right now, I’ve said it before they only try to bash the good stocks you don’t see them on other boards where nothings going on, await official news via RNS and these new accounts with very few posts but when you look through there posts they just go around slating stocks, very sad but that’s how they work as traders, I’m going to stop reading this BB for a while as it’s just becoming clogged with nothing but derampers and rubbish, nothing worth reading!
Good luck all serious long term investors I suggest don’t panic over rumours and a herd of negative derampers, we own 100% of Zulu and no one can take that away! A multi billions $ canmax are supporting prem I think if most the rumours on here were true they definitely wouldn’t be supporting prem so as they say follow the money, canmax have invested 10’s of millions and are about to fund prem all the way through to full production as we found out this morning on the stockbox interview, GLA😁
Video of the interview the article is referring too - https://www.youtube.com/watch?v=U-sm5oHvMl8&t=84s
Does anyone on here work at the lab? NO!
Have we had the results back? NO
We could have SC6 in those bags, we will find out when the lab results are back until then everything is pure speculation based on an article that will of been typed up by a journalist who probably has no clue about grades or anything so until I see what we have in an RNS everything posted here is irrelevant regarding grades
All these new accounts coming out the woodwork hateful no posts anywhere but yet come just to slate prem, let’s await the lab results I wouldn’t believe a zim chronicle and it could be on about something totally different
Johnny - yeah quick get out while you can just like canmax are…. Oh wait no they’re actually sticking with prem and about to supply even more cash to prem as we have a producing plant, they know fine well what’s in those bags and in the ground, they have access to all that with a member on the board, these people have said the same thing for years, I’m up over 300% and those who spouted rubbish well missed out on the same gains! Some people actually understand what’s going on here, others just talk rubbish as they’re paranoid and worried about their own stocks… they’re not invested here but yet have so much advice on why we should all quickly sell after the huge upside we’ve all made and we’re just getting started, canmax and prem working together will result in being in the big leagues so good luck all, I’d recommend take your positions and enjoy the ride💰
Burnley88- another one from KOD coming here to try and spread fear, all genuine holders who see these derampers remember they only spend time trying to bash good stocks to look for better entries, or to cause fear of pinch of salt for the following people; LAVERDA, BURNLEY88, RAAYDAAR, RAYMOND JACKSON
They tend to come here as KOD is doing nothing for well over a year so they’re bored and worried about their investment as anything can happen in that time so they try to already fear here hoping people move to KOD, none of them are invested here so like I say remember BIG PINCH OF SALT, ONLY A GOOD STOCK GETS BASHED
Acker - for me the best part of that interview was canmax saying “make shipments, show us what your shipping and we’ll help you to whatever extent you require”
That to me shows a very good working relationship and long May it continue
Raaaydar - I guess you haven’t watched the interview, canmax are fully committed to working with prem so your clearly trying to spread fear, I suggest you watch the interview you might learn something instead of spouting utter rubbish like others on here,
Those screaming placing and sold at low 0.70’s at open are now locked out😂 it’s standard practice nearly all companies ask for additional shares at an AGM so nothing to worry about here, interview is coming out today so let’s see how that goes bid now back to 0.80 very strong book!
The Company is now in advanced stages of discussion with Canmax Technologies Co., Ltd. (“CanMax”) pertaining to an addendum to Offtake and Prepayment Agreement (“Agreement”) as set out in the announcement on 6 June 2023. To date, the Company has secured prepayment purchases of product under the Agreement to build and commission the lithium process plant to produce spodumene concentrate at the Zulu Lithium and Tantalum Project (“Zulu Project”) while retaining 100% ownership of the Zulu Project. CanMax have further confirmed their commitment to the Zulu Project. Company believes that an addendum to the Agreement can be signed by 25 June 2023 that will inter alia provide for an additional prepurchase of spodumene to be made on signature thereof, and will include the following key aspects: 1. Adjustment in the pricing mechanism whereby Premier and CanMax will equally share in the gross revenue from the sale of Lithium Hydroxide produced from spodumene supplied by the Zulu Project, after deduction of the production costs from both operations. 2. Further prepurchase of spodumene by Canmax from the Zulu Project to assist with ongoing operational costs associated with the revised timelines and expected production figures as announced on 25 May 2023. The Company remains fully committed to reaching a commercially acceptable addendum to the Agreement that is in the best interest of Premier, the Zulu Project and our shareholders. However, the Board would be remiss to not ensure that it has sufficient flexibility to issue equity if required to meet its future obligations and the previous share authorities expired on 21 May 2023. It is on this basis that the Board has requested the disapplication of pre-emptive rights over 4 billion shares, which the Board believes to be the maximum that the Board would consider appropriate given the following: 1. The market capitalisation of the Company. 2. The potential need to refinance and / or repay the Agreement. 3. The ongoing funding requirements for the Premier group, in particular the Zulu Project. 4. The proposed authority of 4 billion shares represents only 17.5% of the total issued share capital of the Company.
Laverda - I see you’re still trying to deramp and it’s worked well for you yesterday? Oh I hope canmax read your comments on here quickly pull out of the deal laverda said there’s no lithium😂 canmax will have carried out due diligence and they will know what resource prem has, what’s in those bags and anything else that they needed to know before investing and now they are staying with prem doesn’t that tell you prem must have something canmax want? It’s spodumene and lots of it! I don’t see why your here the Kod vs prem thing is boring just stop deramping and go back to your Kod board it’s very boring and your wasting your time as the market will do as it pleases regardless of what you say, I’d rather look at what canmax are doing that tells me more than anyone on here and canmax are staying not only that they’re going 50/50 on their lithium hydroxide revenue after costs that has came from the spodumene supplied by prem
Laverda - come on your post “Good news that there is going to be a deal.
However they still have to find lithium, currently the total is zero.
200 bags would be ok with a market cap of 200k, but Prems is nearer 200m.
Second RNS should be due soon to give an indication if there is any lithium.”
You really think canmax would make such deals if they didn’t know the resource and didn’t know what the grades were in the bags? To say it will indicate if there is any lithium is probably one of the daftwst comments I’ve ever seen posted! Of course it’s spodumene or why would canmax be interested they know exactly what is coming from prem, I’d take what Laverda says with probably the biggest pinch of salt out of everyone on this board😂
PREM not really sure how George has pulled this off. We are basically now get an extra revenue stream! Not only are we getting revenue for the initial produced spodumene, we are NOW splitting 50/50 profits (after costs) for the final product - Lithium Hydroxide
IMO the relationship between canmax and prem is very strong and I feel this is all going to be leading up to a potential buyout later down the line, the canmax worry is over we can see what their relationship is like and also the funding worries are over, as acker said awkward period coming to an end
Also if the grades were an issue canmax wouldn’t of agreed to this deal, I’m confident canmax will know exactly what’s in those bags💰