Member Info for Sharesahoy

@GGG please excuse my ignorance here, but what do you mean about “This in turn should put us back above 15p even with our valuation penalty.” What valuation penalty?

Well what I can say in the defence of the board is that they don’t shirk their responsibility to address the shareholders unlike another stock I hold, so thank you Majid and co.

Hahaha this has got to be one of the funniest statements I’ve read in a long time “Is an improvement in load shedding good for the people of SA? Not necessarily.” Answer is, no they all want to live in the dark without electricity haha

Strange how these naysayers when they start loosing a debate that they resort to name calling.

Hope you’re doing well Pdub, and good luck to all the genuine holders, things are looking somewhat better.

Well said @Stas, I think this is a great Rns and shows great investor returns and extremely good management, well done Majid and team!

I just can’t fault it and am also surprised we’re not trading somewhat higher.

I personally am pleased to see that they are going to develop the Canadian fields more, as mentioned in the 1st paragraph.

I’m personally not too sure about that because aren’t Prem a lithium producer in Africa? Anyway that’s by the by. What I would like to ask about is the grade of lithium. I’m led to believe that the present grade is good enough for the glass and ceramics industry, but with a bit more processing it’s good for lithium batteries? Can anyone with more knowledge please confirm one way or another. TY

👍🏻

Thankfully we’re not on that list.

Bless you Pdub, a brilliant fighter, I truly hope these treatments give you many many more years. Thanks for all you do on this bb, how you keep your composure is remarkable, I know I can’t.

@Cc how much inventory do you think the company should hold before people start saying things like they can’t sell it?
I personally believe selling some inventory when there’s a sticky period in production, or when prices are inflated, makes for very sensible business practice.

Group Highlights

§ Production for Q1 2023 of 943 mtV (Q1 2022: 973 mtV).-slightly down, but explained why.

§ Weighted average production cash cost1 (C1) for Q1 2023 of US$25.9/kgV (Q1 2022: US$26.6/kgV).-heading in the right direction.

§ Increase in sales for Q1 2023 of 1,028 mtV (Q1 2022: 857 mtV), owing to increased sales out of inventory.-happy with this as cash is king.

§ Secured a third-party low-silica feed for Vanchem to support more stable production rates at no additional cost.-unbelievably good, well done team.

§ Completed construction and cold commissioning of the BELCO electrolyte plant.-great news, with discussions ongoing with the end users in relation to sales and off-take agreements, again great news.
I’m happy

Does the Namibian government have a policy of not allowing its resources to be exported? I didn’t think they did, as I know our tin goes to the east to be processed at the moment. Not sure if someone is playing mischief or I’ve missed something.

Hello knuttie, because he mentions it in the video.

https://youtu.be/MHA_yqqdnKIHopefully not too long to go before we get an update on the business and also Mokopane.

Wow he’s predicting 20-30% divi on some of those Canadian oil stocks in the foreseeable future, that’s got to be worth investing in!

Frustratingly these articles never disclose what type of battery storage they are proposing to use, and living on hope that it is vrfb’s is quite frustrating.

Looks like good news is coming as since they’ve announced the trading report for 26th April this stock has had a nice climb up, and about time too I might add. Always makes me wonder if people on the inside know a thing or two!

Does anyone know of a mining share that have ‘sold out’ prior to production? I haven’t.

I you love Lithium you will have noticed Atm.
Great management, self funding and a behemoth of a high resource.

Thanks Stas, it must be very new because when I looked it wasn’t there before, thanks for highlighting.