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So sc6 is 1.78mt , which if you round to 1.8 mt as George says it is conservative , that is
10,000 turns a month for 15 yrs and that is just from the two pits.
a monster ,
assume average price next year $1500 then $15m sales per month before you got to epo
canmax will love this and predators will circle
Martinigirl.
Agree many unanswered questions , but I know George well and he is very very determined to make production In february. I don’t have any idea why shares rising aggressively , only that prem does this , goes on wild bull runs . It is a massive following , because the story is interesting .
One day George will succeed , will it be this month , I don’t know but I give it a 70% chance . So if one does not like risk don’t buy , but if you don’t want to miss on a good chance of 100% rise in next four weeks then buy this week
Acker this rise is quicker than I expected .
But is it because something big is happen8ng .
Have they got the mill connected and working already
Or is some non dilutive finance organised
Or is the resource about to come out
Once we get any positives this is set to fly more
Well if you follow raydaar and no placing you will be buying in at 0.5 p ,
With momentum we should go to 0..3p and ok small placing at 0.26 p . The point is if you are not in now you will likely miss the boat .
Let’s see what happens but if George can produce in next three or four weeks prem will be like the epi day , do 100%
Interview good , risk reducing , reckon lithium price bottomed .
If George pulls this off in February it will be because of massive hard work .
At 0.2 p the risk reward is superb now .
Still hold several hundred million like James Gozee .
Next 6 weeks could see a 100% rise .
1 p later in year .
Martinigirl
some things you say are nto specific to prem. firstly all Georges raising has been less than 20% discount and sometimes at 6%.
I suspect once we get to production PREM will simply asked to get paid upfront on first shipment to help with cash flow . so as long as we produce late february , there wil lbe no need for a raise.
Yes if we miss not producing feb then raise but that is where you put your money. i bought 11m today , as i reckon we make febr or early march production.
I expect prem have learnt in last year the problems to sort. the oem companies that supply the parts such as sorters , hydrosizer and flotation , will be giving advice to prem .
So i expect a good result , but i can see why other fret and fair enough.
but strap on for hell of a ride coming .
For the poster saying who designed this mill , it is the top expert in the world who has designed this and did not design the other mills. the rha mill worked exactly as it was designed to aswell .
So with three problems they had fixed i expect spodumene to flow over 5% .
Interesting day . puretech announces presenting very soon and that is when we should hear what they are are goign to do with all that lovely money. today buyers in afternoon took price up and met a seller , so high volume. everyone happy , so this should churn around 200p and then move on up in January . what great potential .