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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 letās see how this plays out, Iām confident with canmax onboard desperate to have the offtake from prem and stark building the plant this will come good
Yea thereās no lithium and canmax approached prem to make a deal to build a plant to produce spod, turns out itās only rock and thereās 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 thereās Laverda with absolutely no idea what prem has, spends his days on a BB spouting rubbish thinking heās a mining expert, I will stay invested as the $5bn+ canmax are happy with what theyāve seen so I guess laverdaās mystic Meg predictions havenāt changed my mind this timeš 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? IāLL STAY!!š
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+
Thereās always 2 sides but most with the agenda who arenāt invested and come from the KOD board to try and spread fear obviously pick the doom and gloom option to cause fear and panic, Iāve said it before and Iāll say it again Laverda, raaydaar, Raymond Jackson and others are not invested and just deramp to suit their agenda as Kod isnāt 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 youāve kindly done here whilst not been investedš
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 wonāt hear the end of these mining experts that pop up saying ātheyāre doing this wrong and that wrong it will be a constant slander festā just enjoy the stockbox videos and site media etc, if you have any questions not time wasting ones Iād 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 wonāt leave and said as long as they can have access to what Zulu produces they will help us to whatever the extent is, thatās from GR in yesterday morning interview, FOLLOW THE BIG BOYS AND FOLLOW THE MONEYš° GOOD LUCKš¤
I THOUGHT IāD UPDATE THE GENUINE HOLDERS, AFTER AN EMAIL TO GR, HE IS AMAZED HIMSELF TO SEE THAT IN THE CHRONICLE! HE SAYS āI HAVE NO IDEA WHERE THIS COME FROM, I DONT HAVE THE GRADES FROM THE LAB YETā
THEREFORE IāD IGNORE THAT CHRONICLE AND AWAIT THE RNSš 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 weāve never had so many new faces and derampers as what we have right now, Iāve said it before they only try to bash the good stocks you donāt 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 thatās how they work as traders, Iām going to stop reading this BB for a while as itās just becoming clogged with nothing but derampers and rubbish, nothing worth reading!
Good luck all serious long term investors I suggest donāt 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 wouldnāt be supporting prem so as they say follow the money, canmax have invested 10ās 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, GLAš
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, letās await the lab results I wouldnāt believe a zim chronicle and it could be on about something totally different
Johnny - yeah quick get out while you can just like canmax areā¦. Oh wait no theyāre actually sticking with prem and about to supply even more cash to prem as we have a producing plant, they know fine well whatās 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, Iām up over 300% and those who spouted rubbish well missed out on the same gains! Some people actually understand whatās going on here, others just talk rubbish as theyāre paranoid and worried about their own stocksā¦ theyāre not invested here but yet have so much advice on why we should all quickly sell after the huge upside weāve all made and weāre just getting started, canmax and prem working together will result in being in the big leagues so good luck all, Iād recommend take your positions and enjoy the rideš°
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 theyāre 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 āmake shipments, show us what your shipping and weāll help you to whatever extent you requireā
That to me shows a very good working relationship and long May it continue
Raaaydar - I guess you havenāt 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 0.70ās at open are now locked outš itās standard practice nearly all companies ask for additional shares at an AGM so nothing to worry about here, interview is coming out today so letās 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. (āCanMaxā) pertaining to an addendum to Offtake and Prepayment Agreement (āAgreementā) 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 (āZulu Projectā) 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 youāre still trying to deramp and itās worked well for you yesterday? Oh I hope canmax read your comments on here quickly pull out of the deal laverda said thereās no lithiumš canmax will have carried out due diligence and they will know what resource prem has, whatās in those bags and anything else that they needed to know before investing and now they are staying with prem doesnāt that tell you prem must have something canmax want? Itās spodumene and lots of it! I donāt see why your here the Kod vs prem thing is boring just stop deramping and go back to your Kod board itās very boring and your wasting your time as the market will do as it pleases regardless of what you say, Iād rather look at what canmax are doing that tells me more than anyone on here and canmax are staying not only that theyāre going 50/50 on their lithium hydroxide revenue after costs that has came from the spodumene supplied by prem
Laverda - come on your post āGood 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.ā
You really think canmax would make such deals if they didnāt know the resource and didnāt 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 Iāve ever seen posted! Of course itās spodumene or why would canmax be interested they know exactly what is coming from prem, Iād take what Laverda says with probably the biggest pinch of salt out of everyone on this boardš
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 wouldnāt of agreed to this deal, Iām confident canmax will know exactly whatās in those bagsš°