Member Info for SprintRS

Hi Raaydaar, it was in the RNS 29th May it said >4%

Hi Whywastetime, yes, Jaglith has got shares but they're short hence why on here all day trying to talk the price down. But at least Jaglith has got the bottle to admit it..one of the crowd claims she has one share(!!) in the company but devotes most of her evenings writing literal essays on why Prem is such a bad investment.

I have bought 'now' I think a balance is required though. as much as I think SC6 is just round the corner, going 'all in' on any company would be as stupid as shorting one to be fair Jaglith. You deal in emotion and conjecture, I deal in facts and data that's why I'm up 300% on RR and your sitting on LSE all day making up stories about Prem.

Hi Cherryburn, you're obviously not very well read up, SC4.5 was produced a few weeks ago...c'mon Cherryburn, get with the program lol.

Interesting reading nomlungu, I'll sign up to the newsletter thanks. In a few days' time we'll be hearing that Prem will be making a contribution too. Jaglith said earlier that Zulu is "high" quality ore (Jaglith's words nit mine) so exciting times...I'm thinking we should get an RNS confirming SC6 within a few days (end August ish?) and I have dry powder ready to go!!

Hi Jaglith, so you reckon that getting a new 'operator' on board would be quicker ? Explain the logic please ? Who might it be please and would they be OK with the 10% discount and how many years would it take ? 2? 3? It was amusing to be honest that you conceded in an earlier post Zulu would produce 'high' quality spod (not just quality but HIGH quality)..quite refreshing to see a positive post from one of Prem's main slappers

Exactly Botuney..Canmax aren't remotely interested in acquiring a spod mine any more than Ronald McDonald wants to take control of a potato farm. Canmax are a battery supplier and they absolutely, 100% MUST have supplies of spod not just now but going into the near future…by 2030, 33% of all new cars in China will be EV’s and 1 in 5 in US/EU. Canmax have seen how much the spod price can explode and they’ll want (and get) 1st dibs on Prem’s output. ‘Taking over’ Prem would mean trying to recruit either a new operator in whatever form that may take (think of the legal paperwork alone lol) or if it was Canmax’s own staff, launch a massive recruitment campaign to locate mining and process engineers chemists, back door staff…everybody needed to run the operation….it would literally take months maybe even years when Prem are literally days away from SC6 production.

Hi Acker, not according to this, EV sales up 21% in July. https://www.reuters.com/business/autos-transportation/global-ev-sales-up-21-july-china-records-biggest-jump-2024-rho-motion-says-2024-08-12/

I wouldn't worry too much about the spot spod price Acker, the longer term price is the thing to think about and EV sales are taking off again https://www.reuters.com/business/autos-transportation/global-ev-sales-up-21-july-china-records-biggest-jump-2024-rho-motion-says-2024-08-12/

20 years? oh my life..that IS a long time

He hasn't looked at GE Aerospace's divi payment nor PE ratio...GE's MC is 4 times RR's but they're 'only' making 2.5 times' RR's profit. All we can do is compare to our peers but tgat said, we're the only company in the world that makes aero engines for civil and combat, diesel engines and nuclear reactors for subs. I don't think anyone else does all of the above

So this time it seems to be the dividend won't be very much and they think the share price might either stay the same or go up....where do we get more of this brilliant analysis..I sort of feel I should be paying for it.

Oops, ive upset Jaglith he's having a seeth but i'd hardly call my post spreading misinformation...if we go live mid month how can they produce 4k tonnes in 2 weeks lol. I'd be surprised if he pulls off zero to full run at rate to be honest but hopefully they do. speaking if spreading misinformation, wasn't it your good self telling blatant lies about the conditioner not being on site?

Hi Plaserman, agree September should be our first month of shipments but I'd expect a gradual increase say 1k tonnes September, 2K tonnes October etc..if it's SC6.2 then we won't be able to count the money

Sorry, it meaning hemo

Just have to trust that every day we're another step closer HT. I've got investments in 8 small caps and all of them massive waiting times..OK, the news does tend to flow more frequently than Hemo but to what end, all of them down a real chunk. The thing that sets Hemo apart from the rest of them is that the others you can make an approximation on SP if all goes to plan...to JHFH's point a few months ago you simply can't put a figure on it...1p, 5p, 10p, 20p..50p...more ? it's totally impossible and that's why we're here.

I keep saying Acker I'm not here for today, I'm here for the long term...buy and hold worked for my RR's and then some...I'll only be down on Prem if I sell.

Hi Hasiba, wholeheartedly agree about RR..it looked like they were going down the pan. I invested but it did feel like I was chucking good money after bad month after month the SP up and down between 70p and £1 but I filled my boots as much as I dared..now they're nearly debt free and dividends reannounced for next year. As Munger says tge big money is made in the waiting, not the buying and selling.

I don't think the Chinese are in the slightest bit concerned..they can get their spod from whoever and wherever they want in the short term. I think their strategy is to assure supplies in the medium to long term to eliminate any future supply risks..they've seen spod at over $6000 per tonne before now and security of supply will likely be their 1st priority

They're a battery manufacturer and they HAVE to have spod, no if no buts

Indeed Botuney, I hear Zimbabwe is pretty nice this time of year..why not pay GR a visit ? you'd think it would be the natural choice given they don't talk about anything else.