Member Info for Sir_Stonks

Thank you, Wullie

CanMax are a shark, PREM looked like lunch.

😂😂 - we all hoping for that pal

Https:// twitter .com/StishSarna/status/1677279951500857344?s=20

Anybody capable of bringing to the attention of STARK?

Ah ok, this definitely clarifies it for me. Thanks for sharing!!

I have been wondering about this. I am unsure of how a director loan works. Can you explain? Is it just a straight loan to the company that the company pays back? Or can terms and conditions be attached to the loan?

Is it not risky or fool hardy for GR to sell stock when the stock will be worth much more in the future?

Perhaps GR is happy to sell stock today for jam tomorrow. I suppose as a shareholder he can purchase stock if an offering is made to all shareholders so he can regain his lost shares at a price that the board will choose?

Hmm, interesting. Hadn’t considered it in the way of which you state. From the video, I would quote GR where he states the following:

“FM was in effect before they called a cancellation. The cancellation is invalid…unlawful etc”

“The facts of the agreement are that in this instance, if they are disputing the FM, which was in effect before the cancellation… under the agreement, they need to engage within the next 10 days in friendly discussions, and I have indicated in the public domain I am happy to have these discussions”

“If they dispute the FM, then it will go to arbitration in a Singapore court”

“When the FM issue is resolved (in whatever way it is resolved), and CanMax want to serve this notice again, they will serve it again, and then there will be a period of 90 days - that’s at their discretion”.

I interpret this as, when FM is resolved, I.e they enter production of SC6, then CanMax can re-issue cancellation, or they can resume from the basis of the previous relationship.

Have CanMax disputed the Force Majuere to PREM officially? If they have, then perhaps my interpretation changes…

Apologies, a couple of typos: GR’s interview with Stockbox regarding the FM and CanMax’s cancellation and of the prepayment - post alert of the FM.

Also, meant “lifted”, not listed.

Still trying to get use to this LSE posting malarkey after years of just reading comments 😅. Apologies for any confusion caused.

Link to interview here:

https:// www .youtube. com/watch?v=78eCz-LIOKM

Long term lurker, long term holder. Just rewatched GR’s interview with CanMax: I advise anybody interested in doing so to do the same.

[LINK REMOVED]

The path is clearly laid out. FM in effect until PREM produce. When they produce, CanMax can come back to the table to negotiate. CanMax’s cancellation is ineffectual until FM is lifted. Once FM is listed, CanMax can ask for their prepayment back. If they do, there are others who will step in. If they don’t, then PREM starts printing money.

I’m holding on to this 🚀