Member Info for steward1

Tbob418 - you appear to be new here... I'm not going to suggest that you check my history but I'm certainly not blind to GR's incompetence and I'm not an admirer. Looking at past performance though, GR has somehow managed to get PREM out of some dire situations in the past. He is also unpredictable and will take any (even dubious) action to protect his (and other holders') interests.

Jaglith - pure speculation that Canmax will want to re-value Zulu again.

Tbob418 - any position taken is based on speculation. You don't know what is happening behind the scenes and you certainly don't know what will happen in the next hour, never mind the next week.

One fact that you and others have chosen to ignore is that there is a signed agreement between Prem and Canmax which gives Zulu a valuation of $100m.

Boiler room! Orchestrated Pump & Dump! Nonsense... very same accusation of some sort of organised action can be made against the shorters and derampers.

Anyway, I've said many times that it is in everybody's interest that PREM survive and thrive except for the vultures... they trade on fear and lies... they have no scruples... they glory in the misfortune of others... their one and only concern is their bank balance... absolutely no interest at all in the greater good... Mr Potter-type people (see It's a Wonderful Life).

I'll repeat what I said previously...

Shorters have got a difficult judgement to make based on the options available -

- Canmax follow through on the agreement and the sp rises

- GR negotiates a new agreement with Canmax and the sp rises

- GR suspends the shares and shorters are caught out

The only scenario where shorters win is if, somehow, Prem limps on... doubt if that's going to happen... and, of course, the margins now are slimmer than they've been.

Personally, I think GR is negotiating a new agreement... interesting days!

Seems to me that shorters are taking the bigger risk here... let's see if they have the ba##s to keep their shorts open until Tuesday. At least one of them is very nervous!

Not a sell by Goddard... quite certain that it was a buy.

Tomorrow morning is looking exciting!

Iky786 - I'm expecting Canmax to honour the agreement. When they do that, they'll still be the junior partner with only 42% or so of Zulu. If they want control, I think GR will want cash best case scenario is $57m or so... there is around $17m due to others which, potentially, leaves Prem with circa $40m. I guess there is some room for negotiation. Given the rise and volume from midweek last week, I expect that GR has got a deal done and is getting the legals/formalities done. GR is a wily old fox and I think the current agreement has protected shareholders from a complete loss.

I find it really telling that none of those creditors who are owed $17m have taken any formal action. As for Canmax, they do want SC6 but I doubt that a wee plant in Zimbabwe has been a priority for them given other global and local issues, and GR has probably struggled to get their attention.

CLON - not for comment here!

Poor form BenNa - nothing to do with Prem!

If history is anything to go by then I'd be certain that there's been a leak... perhaps deliberate... giving those and such as those time and opportunity to load up. We'll definitely get an RNS on or before 1st April. I've pencilled in an optimistic 0.025-0.03 by then. I think we're on track! Should get over 0.02 by close of play today.

Hey Acker - it's been a while. Hope that you're well and enjoying Spring!

Whilst there are no guarantees and whilst this is still risky, I think GR is likely to pull another rabbit out of the hat. Feels like early 2021 all over again. I wonder, this time, if the Pandora guys have been slipped something again?

Radika - things are coming to a head. Can't speak for anyone else but I believe that Canmax will follow through on the agreement and will provide funding to allow Zulu to get producing. Whether Prem is part of that mix is up in the air. GR has an irritating habit of managing to structure deals well and, if Canmax want Zulu without Prem, I believe that they'll need to pay up 10's of millions of dollars.

Shorters have got a difficult judgement to make based on the options available -

- Canmax follow through on the agreement and the sp rises

- GR negotiates a new agreement with Canmax and the sp rises

- GR suspends the shares and shorters are caught out

The only scenario where shorters win is if, somehow, Prem limps on... doubt if that's going to happen... and, of course, the margins now are slimmer than they've been.

Personally, I think GR is negotiating a new agreement... interesting days!

There was another big buy earlier this morning. Very much looks like someone has got wind of something!

I think we'd all love a never-ending steady rise but, at this stage, that's not how it will work. Positive news could be transformational and that wee Market Cap will explode... if it's anything like other AIM shares then it will plateau and then drift waiting for the next news. That steady rise will only come once there is steady production but DH has plans for more than one plant which I suspect will be built over a period of time. If DH can show some concrete, positive progress then I think we're looking at a 10 bagger initially but that will only be the start.

I'm hopeful that the trading activity that kicked off around the time of the BOL foreign affairs minister and the EU meeting and the trading activity over the last few days isn't coincidental and that there's imminent positive news.

AIMHO!

Phillip1976 - if and when news drops, we'll not see this opportunity again!

All part of the game, Darren... absolutely high risk here but extremely high reward. DH is benefitting from the years of patient relationship building with the BOL authorities (he seems to be uniquely revered there!) and , somehow, got CLON in to Team Europe which brought support from the EU and a yet-to-be-confirmed household name in Germany. CLON is in a pretty good place right now... let's hope we get news very soon!

Market cap is still only just shy of £4m... it's a minnow compared to the potential here. sp is getting close to 100% up since last week's low... this isn't a p&d. News has been due for a while. It's looking very, very interesting. Reached 0.12 last July on speculation. BOL authorities seem to be getting their act together and CLON is very well placed to benefit.

If DH has managed to realise even just some of the potential here, mornington-oz, we're looking at something that could be stratospheric!

I'd be very surprised if the news is just that there is a ship on its way to India with some brines. I mentioned last week that the meeting between the BOL foreign affairs minister and the EU was significant. Has BOL agreed to a plant being built by CLON and funded by the EU?

Must be some big news coming.

I very much doubt if DH has been sitting on his hands and will have been talking to the Bolivians. Wouldn't be at all surprised if DH has made a case to go straight to getting a plant built. I believe the recent meeting between the Bol foreign minister and the EU was significant. As others have said CLON could be leaky!!??!!

'The reorganisation has allowed the Company to reduce ongoing costs from levels experienced in the previous twelve months and to a level at the end of the period that is significantly lower with the initial objective of achieving operational breakeven as soon as possible. Management is also currently in discussions with potential investors with a view to ramp up BPPM and finally realise the potential that we believe the asset holds.'

Ongoing costs expected to be less at BP.