Member Info for steward1

No doubt Jag will be trading as well by opening and closing shorts... he just can't bring himself to say that here.

I've got a substantially higher sp pencilled in for the run up to the LOI... still in the foothills yet!

Leaky ship!

I'd think so, Acker... blue week ahead!

Thanks for that helpful contribution, ponderosal.

US futures off their lows and bouncing back now - should be a better afternoon!

It was suggested on here a few weeks ago that GR had been at RHA with some visitors. I'd more than happy with a JV if Prem are not needing to provide funds.

GR getting ready for retirement!

CppCoder - all news is a surprise to the charts! Hope it all works out for you but I wouldn't be on the side lines if you believe good news is imminent!

Doubt if technicals help with the current market and potential good news... did your technicals tell you that Trump was going to plunge every market in the world?

You might want to tell CppCoder!

The idea that every single word that comes from GR's mouth is a lie is understandable but wrong... Canmax are all over him and watching every move. This a gift to holders.

Markets seem to be stabilising and we might see blue this afternoon.

The doomsters would have been the very same people dismissing GR saying that he was speaking to 11 or 12 interested parties 3 or 4 years ago. And what happened then? Canmax popped up with £12m.

I'm not defending GR but the facts are that he doesn't always bend the truth... and this time with Canmax signposting him AND sitting on his shoulder, it appears more likely that he'll get this sorted.

Martinigirl says 'Zulu isn't capable of producing SC6 without significant specilative expensive modifications' - it'd be good if she could share how she came to this conclusion... the published information contradicts this.

Jaglith - you're a hypocrite... amongst other things!

When he's got his LOI... which would be immensely positive for the sp... I reckon the market cap could double or treble easily... he may well look to raise funds if it is a JV BUT it will only be the funds that are needed for that first stage to get the plant working. Get that done and there's another major boost to the market cap.

I don't think that there is a scenario where GR can do a significant dilution which is costly to current shareholders.

Anglebox788 - he's hardly got any headroom at all so, without a GM, the amount that he could raise wouldn't pay for one of his dinners according to Jaglith. Doubt if a GM is in his mind given the timescales that he has. He has to get external funding - we know that Canmax have signposted him to potential suitors so I'm quite relaxed that he's not going to have the opportunity to independently raise funds.

Sp is certainly reflecting the general gloom due to Trump's shenanigans... news could drop anytime.

Don't listen to this guy... he's back on his old conspiracy theory that Canmax are engineering everything so that they can walk away with Zulu despite the recent RNS and the clear opportunity that Canmax have given Prem to sort this out. Canmax have even told GR which parties he should speak to. He just can't let it go despite all the evidence pointing in the other direction.

It's fair to say that if folk had followed your lead 2-3 weeks ago, Jaglith, they would have been seriously burnt. Things are looking much more positive now, sentiment has changed and shorters are taking the much bigger risk... if indeed they have an open short!

Likewise, AlertRNS... still feeling very much like early 2021.

Martinigirl - everyone knows that Prem is in a mess. The continual reminders of this are having less and less effect... especially when we've had the recent RNS. We can all pick numbers to suit our position... my graph happens to show a stonking rise in the sp over the last two weeks.

I've said before that it's in everybody's interest, except shorters and vultures, that Zulu should get producing - even Canmax are aligned with this. I wouldn't have made any profit over the last two weeks if I had listened to you or Jaglith and there might be just as many people who opened shorts a couple of weeks ago who are now regretting taking your and Jaglith's opinion as gospel.

You say Prem has no funding as of now... well that's exactly why we got the RNS and why they're now looking for funding and, irritatingly for the doomsters, Canmax are supporting them in this.

You're scaremongering about paying $50 million debt on the off chance that the plant might work... tut tut. Any financial support is not going to be in the form of someone writing a $50 million cheque next week - it'll be structured. A few million to get Zulu working and, if it does work, the debt will be paid over time... possibly with a similar arrangement to the one that was in place. My view is that there'll be a queue of folk who are willing to pay a few million over the next 3 months if they end up with a share in an sc6 producing plant. A producing plant then sorts out the Canmax situation and the debt situation.

And yes, GR has failed to produce sc6 BUT I'd be 100% certain that there are operations out there who have the skills and experience to do that with the current plant. GR has been sidelined to bring these operators in and to give Canmax the certainty that they need.

And really, really importantly... I believe that the addendum was structured in the way that it was to overcome the issues raised in earlier discussions with some of the interested parties. I'm expecting news sooner rather than later.