Member Info for Shark41

@Mrnewbie

I've been following.

We got the RNS as promised yesterday. They didnt put a timeline (specific date) on next RNS hence my comments remain correct. Next RNS will likely be within the week but unlikely to be following day.

I've been in this stock for almost 2 years...hence follow the company closely.

You clearly didnt read/understand my comment...you seem like one of those people who expects everything to happen immediately...may be wise to step into the real world.

Why are so many people getting stressed?! Its highly unusual for companies to put out RNS announcements two days in a row. We've had positive news over the weekend and likely more is to follow in the next 7 days. Rome wasnt built in a day!

Enjoy the sunshine...get some fresh air! You'll find if you let go of worrying about when/if/what news will be released positive things will happen with the SP.

Good luck all

Shark

8 Aug deadline was for proxy votes.

If canmax attend the meeting tomorrow, they can vote on day.

Daz,

Most prem investors are actually in Kod also. Most investors hope that both Kod and Prem do well. There is no competition about who is best...we're not children.

Prem is slightly further along than Kodal...that is all.

Both stocks are high risk but worthy investments for longterm investors.

Please stop flooding this discussion board with nonsensical comments. Thank you.

Exactly right 👍

I think alot rides on the vote (12th August). Once that happens I think we'll have a much clearer picture (whether it be positive/negative)

Thanks @Furion - appreciate the clarification 👍

Perhaps you're right but their take on this "RNS" was the same as mine tbh. Particularly about the 30-50% spod results (perhaps that's good in lithium terms?)

I listen to all sides (good/bad) and try to make informed decisions (I dont always get it right). Interesting to see how this one plays out.

In the long term I'm betting on Prem to do well (I have alot invested in them). The journey to that point is (in my opinion only) going to be a rocky one and I want accurate information so I can make an informed decision (in order to day trade a small part of my position). At the end of the day we're all here to make money...which can be done through volatile periods. The RNS was woolly...the uncertainty with Canmax still exists.

I think this rise in sp will remain definitely untill 12th Aug but depending on the vote...we might be in trouble (atleast in short term).

We still have the Zim government elections to get through (although Fitch/S&P Global ratings have suggested the current government should stay in power you never know).

I'm preparing for the worst but hoping for the best (short term).

That's the thing that bothers me slightly...the RNS....which for some reason isnt appearing on platforms such as this and the version that I've read (I'm presuming it's a real RNS) doesnt actually say the grades are good. Perhaps I'm interpreting it incorrectly but doesn't it say only 30%-50% are Grade 6 spod?

Interested to get your take on this @snowing

https://www.dhakatribune.com/financial-markets/321310/premier-african-lon-prem-rises-5%25-on-more-bad

Understood...hopefully both will do well in the end 🤞

Gotcha!

I never understood where this Prem vs Kodal competition came from. The majority are actually invested in both!

You can't just pop in! You need to register to attend and if you register to attend you cast your vote there rather than by proxy/post. You have untill 8th August to decide.

They sold at 8.12am

I think by September/October Prem will be back on track.

Definite longterm hold for me.

In business it's never a straight path to success, there were always going to be rough patches along the way .

I've just done the same. The bitcoin halving is coming up next year aswell so I think there is a definite upside into investing now. (Obviously not more than you can afford to lose!)

I wouldnt worry. This sometimes happens when brokers run out of cashflow to fulfill their orders. It takes 2 days for a trade to settle so there's a lag with monies being recieved on the buy side vs meeting sell side requirements (especially if they are higher than the buys). It will probably be fine tomorrow.

Potentially Woodbois could become one of the big hitters in the Carbon Credits industry. I dont dispute that things aren't looking great for the business at the moment but this wouldnt be the first time banks screw over SMEs because they want their assets.

If WB can make it through the next 12 months then I think the future looks bright for them.

The re evaluation of the non cash assets could just be the value of land going down ( overall in longterm land values tend to rise over time but there are always fluctuations along the way.)

Personally I think it's worth taking the gamble on this company for the potential of their Carbon Credits business alone. Obviously just my opinion but in about 10+ years I can see carbon credits being traded like stocks on dedicated exchanges. Every major organisation globally has committed to becoming Carbon neutral between 2030-2050. There is no way they can do this without the fallback of carbon offsetting. Otherwise they will be faced with massive fines. Carbon credits are going to be worth a fortune in the future. Take this opportunity to buy up the cheap shares i certainly will be.

Laverda...do you seriously think they would go to all that trouble of building a pilot mine/plant if they had nothing to mine?!