Member Info for SprintRS

Hi Clued, defence spending is likely going to stay strong in a world of uncertainty. I personally think a peace deal is possible but one which Putin will almost undoubtedly break knowing he has the tacit guarantee from Trump of non US support. We (Europe) are therefore faced with both protecting ourselves and supporting Ukraine

We were 'right' in thinking that copper demand would increase and copper price would go up as the world transitions to green power and mobility..the problem is we seem to have backed the wrong horse...

Sorry Acker but spodumene prices have nothing to do with Prem..if you think (like I admittedly did/do) that lithium along with copper would be needed to power the transition to green power and mobility then as far as lithium is concerned aren't you best looking at other opportunities that aren't 100% reliant on share dilution to literally pay for everything inc the CEO's salary I.e. Albamarle or Pilbara? Prem is dead and nothing will get everyone's £50 back up to £10000. lesdon learnt, AIM stocks are terrible terrible investment and the worst offenders are AIM miners.

What has the price of spodumene got to do with Prem? we're less than 3 months off being 3 years late and their whack a mole approach to problem solving hasnt worked. they're going to need massive amounts of cash to get the plant fixed, pay workers, pay for fuel and other running costs. ..how is a 5m mc company going to raise the huge funds required? the only hope now is some kind of JV with a mining partner with the resources and skilled personnel able to diagnose the problems at the plant, pay for updates and pay for running costs. It's surely impossible for Prem to do this...surely they'll need more than the mc of tge company to do the above

Today's RNS states ". The Notice of General Meeting will also include details of the Company's intention to seek the cancellation of trading in the Company's shares on AIM" I read this to mean wind up of the company

The 'deal' isn't done until syn get the $6.5 m and government approval.

Maybe just maybe in the 6 or so months to complete the sale the workovers work and drilling produces cash...

Let's just say $10m is returned and 15.5 billion shares that gives us $0.000645 per share. I hold 20 million so I'd be getting $12,903 or just under £10k back. I guess the only thing that could change that would be a massively successful drilling campaign.

I've just read up on Lisa White thanks Retirement...golly, £3k a month for doing sod all. That is an incredible amount plus partner can't work because of mental health issues...how convenient. What an absolute fkg joke.

Everything is a problem Acker..the plant isn't fit for purpose despite the nigh on 3 years that they've been trying and the countless attempts to fix. If I could be bothered I'd go through all the RNS's to see how many tries they've had but what's the point

Tim that is a ridiculous statement quite honestly..there are zero synergies between RR plc and RR cars...huge investments required also and RR engineers are not automotive engineers

Hi Alx4..AIM companies without even a revenue stream are a massive massive gamble. I got suckered in with the countless false dawns and seemingly promising stock box interviews showing the plant in operation..I remember the compactor squeezing the water out of what was actually nothing but sand and trying to estimate how much 'spod' was being dumped in the bags...it wasn't spod it was red sand...did they outright lie ? no..they were showing I suppose that the plant was capable of putting sand in bags so not telling the truth either. That was when more damage was done and I invested further. my £10k is down to a couple of hundred but I'm lucky in that I invested in RR at the same time. AIM stocks should be treated like FOBT's I.e. you probably will loose your shirt.

Problem is processing it into SC6...nearly 3 years late....what are we waiting for this time is it the 2nd flotation plant?

In 4 months time we'll be 3 years late based on the 14th Feb 23 self imposed deadline...pretty amazing incompetence by any standard.

Next Thursday

Yes plant fixed is the next step only 2.5 years late mind

Retirement Plan is right to take half his stake out of RR if its set him up for life, why risk it?

It's the meeting thingymebob tomorrow isn't it? CEO's queuing up to speak to Vlad..err about this AML cure you've got..err we just wanted to sound you out about a possible JV or how about a strategic investment? oh, only 5m shares?

If we all try to buy just £500 he he

I'm going to try to buy at least some