Member Info for SprintRS

Agree Jaglith, billions upon billions of shares will need to be issued in the next couple of months to literally keep the lights on...no matter which way you look at it prem have zero cash and will need to place more shares for every single expenditure from diesel to wages

If we'd have listened to Jaglith Martinigirl etc we wouldn't be needing a 100X rise in SP to break even.

It's not showing RNS's for any company

I think we have to assume the flotation plant isn't yet on order and the supplier will want cash up front which Prem don't have.

I'm actually staggered the SP is up today...amazing

Any potential investor or JV partner would be minded that Prem owe Canmax $45m plus $22m to get the plant into a cash generative position plus god knows what other debts Prem have but finances aside, next week will be 3 years late that is production was supposed to start i.e. 14th Feb 2023. A JV partner would be taking on Premier's massive liabilities and if they did it would mean maybe a few %age share for Prem. Prem have totally run out of both cash and favours any JV negotiation will wipe out investors imho

So the 21st Jan RNS says "enable us to advance the project to install the new flotation plant" so presume still an ambition? I'll prooffer a best case scenario of 1 month to complete financing, 2 months to manufacture and deliver, 1 month to install, 1 month to debug, 1 month to analyse results, 1 month to produce the first consignment, 2 months to ship and 1 month to receive the first payment = 10 months so first cash payment in Nov 2026. In the meantime Prem are going to need I guess $200k pcm to pay Goddard plus $2m pcm for salaries, unpaid wages, unpaid suppliers and operating costs = $2.2m pcm x 10 = $22m or £16.5m so around 55 billion shares at £0.0003. £16.5m is 4X Prems MC just to get us to November and assuming no more fk ups.

Who knows...with the current insatiable demand for AI power, Defence spending across the world up, with better operational performance in civil and defence, millions of shares to be bought back and SMR roll out yes we could be looking at a 2x from here but dyor

He's not still papping on about RR cars is he ?

The results should be really good..Power Systems must have had an excellent year as must Civil...Defence plodding along maybe but with a huge contribution as always....I'm not here for next week or next month in 5 or 6 year's time who knows where the SP will be...£20 £30?

In Hawkins defence, squids are usually pretty damp. In other news I see Delta have ordered 16 a330's and 15 a350's so what another 62 engines ?

Any discussions between Hemo and a.n.other party would be subject to an NDA so no, Hemo can't RNS anything not even that they're in talks

Where's the flotation kit being built? I guess China I'm which case there's a min 8 week shipping time. 2 months to make it, 2 months to ship, 1 month to install, 1 month to debug, 1 month to produce, 2 months to ship to China plus 30 days payment terms. October if everything goes exactly to plan.

Shorting any stock is pretty nerve wracking but surely you'd either have to be mad or know there's bad news on the horizon in the case of hemogenyx. if a deal is announced the SP could increase tenfold who knows.

Hi SK, you didn't say income by May so aplogies

Hi SK, if you think PREM are going to be receiving income 1st May then you're deluding yourself. Even if the plant is manufactured, shipped, installed and debugged before end of April (!) it will still take 4 months at least before product is produced shipped and paid for

I'm guessing the plant will take 3 to 4 months to manufacture plus 2 months of shipping time plus 1 month of installation plus 1 month of debugging = 7/8 months. Add onto that 1 month to run upto an acceptable run at rate then into productio0n of say the first 2,000 tonnes. Finally 2 months of shipping time then 30 days payment terms so realistically we're looking at Feb 2027 before Prem get their first $4M or so hitting their account IF it works first time without any flaws.....IF. In between now and then Prem have got to pay for diesel, pay for workers, pay for transport, pay for installation, pay other running costs...they're going to have to issue another 50 billion or so shares between now and Feb 2027. The only hope is that someone buys out Zulu but it won't be on terms good to shareholders buying even after this placing

I have to be honest I thought today was going to be a bloodbath seemingly not

We're in for a beating tomorrow..

Oops..raised by further placings. Prem are cooked.