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Bridegroom,
You seemed to ignore the fact that if prem pay nothing back to canmax this year , then canmax don’t get prem or Zulu plant . But they get a small % of Zulu valuing Zulu at $200 m ie .32 p a share .
How come you failed to mention that .
I am not inflating expectations . The plant is not produc8ng enough volume at moment that is clear to me . Progress is being made , no surprise if more money needed end of May . But there is progress . Clueless , not been hiding since last year , posted here every week of this year .
It has been a difficult year , and we are not out of the woods yet , but sure we will one day
Zangman, who said I was referring to shipping sc6 . There are lots of possibilities , you and I don’t know what can be shipped , but I guess that if we can ship less than sc6 then maybe we can ship some stuff in two weeks . We are both guessing , but today looks positive . People moaning today have unrealistic expectations and if you think today is a negative with the video , please sell and go away ,
Acker and negative people . Yes it’s not the holy grail yet , but it’s progress after stark mistakes .
So let’s be happy we are getting there , I suspect we will ship in 2-5 weeks . I have no inside knowledge . But if we can get over 5% grade that is sellable currently as volumes and grades pick up . I am pleased to see this video . Yes we will need some money , but with plant now working , money will come to prem . George always gets there . Great video , enjoy
Yoglet , I reckon 50% chance
Raydaar in response to your post . You seem to forget this is a board to share info and for people to make estimates of what they think is happening .
I am bullish on prem and now hold close to 500 m , been buying slowly for weeks . I maybe wrong , but I expect prem to get producing at say 2000 tonnes in may amd 4000 tonnes in June with plan to double to 8 months in 6 months .
I expect spodumene to climb from $1335 to $1500 in next three months .
I expect mutate deal in may to demonstrate prem is going to be a monster .
I may be wrong , but I put my money where my mouth is .
sprint , i agree it’s been a **** show the last year . but what matters is what is going to happen going forward . because of the repeatedly missed timings the shares are down 80% plus . but if these problems are corrected and we get to production greater than expected in coming months and get a mutate deal then we go up 400% . so lots of money to be made here , it just timing . let’s see this week . i am confident progress is being made . whilist i don’t believe we will ship this month . i am betting that modest production if sc6 starts within a week . but what ever we are very close to an rns saying plant now running producing sc6 . just need last bit of patience . once there shares should do 100% very quickly as. starter
Ellise no wrong , the price remains up 6.67% the days high , it was never higher . it is . 0.19 to 0.21 and a lot of buys in last 15 mns
you are mistakenly looking at the trade prices not the correct price . the offer is now at its highest now over 0.1965 quote .
Well , some buy8mg today , let’s see if it c9ntinues . Pivotal time com8ng . I don’t worry if production starts this week or next week but hopefully in next two weeks . It is what it is but I have faith George will sort this . Others may worry , but then don’t buy prem . I take more risk for bigger reward , it is a choice .
Bridedog, thanks many will be watching closely to see if the price starts to rise on buying , indicating the change in share direction . If the plant does get fixed in next 48 hrs you will see the buying pick up as peo0le on ground leak that info . So watch this carefully as if George gets this fixed at long last the % movement will be dramatic and we can see this do 100% v v quickly . No guarantees , but lots watchingbthis . Prem has a cult following , it is a popular stock , but market cap is so low that movement up will be dramatic . It will be like Epo day
Raydaar that conversation I said was forward sold was because someone said the shares come on the market around the 18 th . I was saying they were forward sold before that date . So give it a rest . There is no more likely placing as far as I know unless you know better . The whole point is it looks like the overhang may have been cleared , but we are guessing . We will know today . If the buying continues and shares rise then we both know the share overhang gone . Pretty simple
So overhang looks gone as share price rising on modest buying .
Equipment arrived , so now pivotal moment , can prem produce and give a shipping date of say two weeks . If they can then we will see massive rise . Fingers crossed