GR's style isn't cutting it. I sense a contempt for the shareholders in every RNS. Not to worry if November deadline has issues. "Starks fault and we'll just dilute to pay canmax. Shrug."
How will SP look when both November and December shipments of SC6 are not made. Last RNS was full of excuses. Enough to pluck from for months to come. GR ⛈️
My gut feeling is that November and December shipments will not be made but all will come good in the new year. Maybe even like May. It's still a 'hold' and still a 'buy'.. though I do suspect slightly better buying opportunity is coming. Just my guess.
Does anyone know the details of the delivery agreement? Who is responsible for the logistics? Is it FOB and canmax have a fleet of shiny volvos ready to swing by zulu?
Very unfortunate because I really have enjoyed PREM until I started to have enough of GR. technical issues were never too much of a problem, I always expect that engineers can work through it with time and money. But time and money won't fix GR. From where I'm standing it seems that he has not taken enough ownership of the technical challenges. I have no idea what kind of operator GR is or will be because every time he defers to stark being the responsible party.
Everybody was frothing for a positive outcome on November deadline until he made his crudely worded RNS referring to issues.
The RNS also mentioned "the delivery of competent grade to the plant" at the end when listing PREM's issues. This aspect of the operation is down to PREM, no? Madderson's positive tweets about the plant may only cover so much and the rest is down to GR. What kind of a job has GR been doing in that department? Lots of questions
Hasiba respect. I'm tempted to load up here and agree with a lot of what I've read in your comments. I just have a little niggling thought developing in my mind though and it's to do with GR himself. Operationally what kind of a mine is GR running? Where is the ownership from him? He frustrates me. Still though love the stock and tempted to add shares now. Without GR it would be a no brainer for me but he's grating. BTW off topic do you know EvE?
Or or orrrrr the price fluctuates like every stock..? A lot of stocks constantly circle the drain and only go up on good news. Leave the crackpot conspiracies to watcher and that highly decorated female navy war hero
RE: High grade ore into the circuit on Monday28 Sep 2023 07:48
Your life isn't nearly as interesting as you think it is. We are here to talk about prem. This is a board for investors, was meant to be anyway, not psycho nutters who fud low cap stocks that they are not even invested in. Martini girl you are an absolute disgrace.