Member Info for RickyK

Why would he raise at those levels, completely pointless and wouldn't last two weeks.

I look forward to news when GR gets back from China.

I personally expect a major update to shape Prem's immediate future.

Wouldn't be surprised to see Graham Hill running Zulu full time with GR moving other projects forward.

More to follow in RNS Re- Hills involvement.

Jaglith. or the more optimistic among us maybe think something is happening in the background and maybe Zeneth are now satisfied with the 2b shares moving forward?

Await clarification.

As previously announced, the plant has already produced a spodumene concentrate at 6.2% Li2O, effectively better than SC6. The suppliers of the float plant have confirmed that they are committed to determine what input changes can and need to be implemented to the plant operation to produce the required grade at the required recovery at target output and will apply these changes first on a laboratory scale to fully understand the effects of each and how to then implement these changes in the plant within the shortest time frame possible.

Anticipated changes relate to points at which reagents are dosed, agitation speeds and flow rates between components, slurry densities and cell resident times and Premier does not contemplate any additional plant or equipment at this time.

Jaglith, What information is that statement based on?

I think they are just trying out different set ups with Ph levels etc.

It clearly states in the RNS dated 1st August that in lab testing is taking place with different set ups, to help optimise the plant. They will take what works in lab and then use that set up in the plant to hopefully produce a good grade of concentrate.

I'd imagine the plant is currently not functioning to save costs whilst this happens, which would be logical.

Once final set up has been realised, prep work of the plant will then take place and the plant will be restarted. I imagine if that hasn't happened yet, it's fairly close.

Will be an interesting listen. Is this why the trades have picked up slightly.

I doubt it, but no real benefit in selling anything at these prices anyway.

He knows he must raise the share price.

Acker, very honest.

Certainly some money to be made if he manages to renegotiate a good deal with Canmax.

In the interest of balance, we're pretty screwed if he doesn't and they tell him to go swim.

Will put my money where my mouth is with a decent purchase over the next couple of days.

They work together to make it look like people are agreeing with their posts.

To be fair most of them they remain consistent and make a lot of valid points that are worth listening to.

However there is still a lot of potential for upside in this.

I don't like to get personal and name names like they do, however there is one particular dominating poster on here who changes their side depending on what side of bed they managed to climb out of.

It would be nice to get a plant update re-grades and status, however we knew these shares were entering the market at some point, lets not pretend it's a massive surprise.

I don't have the time you seem to have on your hands, can you quote where anyone has said this is excellent news please?

Of course it doesn't. That's why it is in a trust with the emphasis on raising the share price to cover it.

Good move if GR knows good news on the way

"can't see any way out of this downward spiral"

i've read some ****e on here but this probably takes the biscuit.

Interesting couple of weeks for sure.

What proposal is GR putting to Canmax. How much is he prepared to give up and will Canmax want to help financially.

I guess we find out soon.

Bugger, maybe next weekend.

Wouldn't want to be out of this over the weekend :D

If the best you can come up with to lower the SP is a poor investment from the company, then I think we will be alright.

Current SC6 price against OPEX is not a true reflection of profit margin.

Doubt it as it's the gateway for other bi products.

If there is still a long term issue with the plant, then maybe.

Decent buying this morning.

Profit, on one of your points

I think GR and Canmax must be having a conversation about re-negotiation. Is GR using Mutare sale card to prompt Canmax into action? Help us with an increased offtake payment, or we may need to look at selling assets, effecting your future supply of SC6. Although he could easily be lining up other offtake partners instead, as he did say his preference was to sell Mutare.

Just an opinion, however I don't think anything is particularly close at the moment.

Just an opinion but I think the conversation has to, or is happening.

Ricky