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Jaglith I agree with you, I think there are still some issues with the final grade.
However GR did confirm we have and can produce SC6 to a saleable quality under the prepayment contract.
I'm hopeful that a constant feed of this isn't too far away.
Overall, Great work from Prem and the Zulu team in a reasonably short period of time since Stark departed.
I'd expect some sort of shipment in May and sale of the Mica product.
If a bid was put in tomorrow, the NRS would surely be referenced,. Current valuation of SC6 in the ground valued at around 1.5 billion?
Fields have sold for 400m +, so I don't buy into revenues needed for a buy out.
why would there be an rns?
are you seriously expecting in the space of a few days, having the plant running adequately for the first time, that they've had enough time to fully asses everything?
i'd say a few days of optimising (optimistic) then a few days (again optimistic) of plant running to work out detailed output levels, shipping dates etc.
then i'd expect an rns containing result of installations and possible future dates.
or it's ****ed. one of the two.
Raydaar, do you believe what you type or do you laugh as you do it?
I can't for one moment believe that you can't see Prem getting a JV regardless of debt/assets/cash flow. Companies will line the streets to get a part of this.
The EV revolution is coming whether or not you and the other 119 brigade believe in it or not.
Ricky
The trolls are an insignificant minority who only managed 100m against in the last vote.
However, it is very important in my opinion, to welcome those that express their concerns with justified statements.
Yes there are 30 billion shares in issue (staggering)
However if you are looking at this as an investment, or any other stock, personally i'd look at the market cap and it's potential.
Some say 50m to 500m is easily achievable, some say more, some say it won't move from where it is now.
That part is up to you.
Why is everyone "acting" surprised at this fund raise. Even an idiot could see it was coming.
Remember, despite all the negativity posted on here, they only managed 100m against on the vote.
Prem very close now.
Good luck all for good times ahead.