Member Info for steward1

A rather muted response today which is disappointing. At one stage, I thought that GH had his own backers waiting in the wings to fund Zulu (and take a chunk of Prem in the process) but I'm not so sure now. Next step is to get some funding sorted and I think it's really important to see GH take a stake this time round. Funding options still look very limited unless we see a white knight appearing over the horizon.

Meantime, I'm building a stake in BLU.

Can't bring myself to add here despite the optimism shown by some - I'm using any spare cash to add to my BLU holding... up 200% or so last year with much, much more to follow this year.

Acker - I guess that we've learnt in the past that you can never say that Prem is dead. If GH, with the help of SC6 pricing and the goodwill of Canmax, can pull this off then it would be on a par with GR's rabbits out of the hat! GH will need to say something today/tomorrow or on the first trading day in Jan. For me. a fundraise would be good news - there's life in this old dog yet!

My guess is that the rise in Li pricing has allowed GH to present a deal that allows Canmax to recover their money in a much better timescale than has been the case.

SP flies and Jaglith disappears... not a bad day!

My guess is that there is news about the long stop and potential next steps. The MC is almost at all time lows (I think) - any news that indicates that Prem can still limp on will see the SP fly further. I'm hopeful though that GH has negotiated a deal to provide funding to get Zulu finally producing... if that happens then there is a serious prospect of a multi-bagger at these levels. AIMHO.

Pleasing to see that they're exceeding Dec target and continuing to hit new weekly and monthly records.

Canmax will have had all sorts of issues with how Prem has been run and I can certainly understand why they would be reluctant to continue to support them. I doubt very much if they have had a long term goal to take it over in this way. My guess is that they're still chewing over GH's approach and deciding what their next move is. Even if Canmax extend the long stop, it will be at great expense.

We've depended on the goodwill of Pei in the past and it seems to be the only hope now. Pei is an honourable guy but I think his patience will have been extinguished. Given the RNS, like others, I'm surprised that there's not been a suspension. There must be something going on that has convinced the Nomad that GH has options.

'Another jump in January' - sounds like a new partner!

Glad to hear of more figures... not bad at all for the 1st month with a major API partner. And I guess that last month's experience will add to the case to persuade the real big boys to get on board!

Is the same level in Dec an ambitious enough target?

Yes, given the response to the news earlier in the year, I'd have expected things to be in a different place with our most recent news. I guess the length of time it has taken to get to where we're at now is probably a factor in some folk being wary to invest and, possibly, where the price of ETH has headed (although there are signs of that turning back upwards). However, I think we're only 1 announcement away from a significant re-rate upwards. It'd be great to hear something before the end of this year.

Numbers are still underwhelming - after hitting $500k in a day, it takes another 10 days to add another $1.5m. We need more substantial news.

The more I see of GH, the more I like - very safe hands. I'll put my disappointment aside that the plant won't be quite there for another 4 months or so. It seems you were spot on, Acker... congratulations... and I find myself agreeing with Snowking for once. Still a rollercoaster - there are a couple of boosts to come along but there is a big, big question about what us shareholders will need to give in return.

Let's hope for another ATH tomorrow.

I see that there's still just a whole lot of noise here. Got a spare few quid - should it go here or in BLU... both have got huge potential!

Doubt if there's anything that he can say.

FWIW, I reckon Canmax are happier than when GR ran the show...

And it could be that shareholders have become disinterested and haven't provided the support that GH needs...

But if they're going to shell out more, they're going to extract a heavy cost at this stage. Hang on to your hats!

Dunno about Acker but I'm confident that GH will get the vote passed and that the sp will respond positively. And I'm confident that GH will get the placing away. Happy to be proved wrong.

GH is way, way more cautious and knowledgeable than GR so when he plans for a continuous run for 30 days, he's got a fair amount of confidence that they'll make significant progress.

When MG states that Zulu won't produce until 2027, she is clearly attempting to scare holders... there is no real basis to that claim but it suits her agenda. She and her minions simply want Prem to fail and they'll say anything.

Still plenty of time before next Thursday!

As someone else said, not every placing is a negative. There doesn't appear to be a mad rush to the exit - wonder why that is!

We've got a guy running the show who knows his stuff, we've got a future partner who is happy with what is in the ground and a plan to get the plant running.... plus there will be money in the bank to execute that plan. That's a recipe for success.

Unless the doomsters have some miracle machine to look into the future, they are simply guessing at the placing price like the rest of us. What I do know is that you and I won't get a sniff at the placing. I have no doubt that GH will get his money... and, for me, that signals a positive sp reaction once the GM passes the motion. And, to go further, for me, the sp should hold prior to the vote.

Remember, these doomsters want the demise of Prem and they want every holder to loose everything!

Aimho.

It is quite remarkable that the zealot doomsters continue with their refusal to accept any hint of progress. In their eyes, there is nothing remotely good that can come out of Zulu under any circumstances. I cannot fathom their motivation but they clearly continue to will Prem to fail. Their vindictive nonsense smacks of some wrongs that have been done to them in the past and the only (misguided) solution is to see Prem's demise.

It's sad!