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Anyway Acker, GR said in the Q&A they have new technology in the mining industry to extract potash ;)
Circum could be are saviour.
Acker let's see what sort of deal GR can negotiate with Canmax and how much more he will need to raise ?
will it be a case Canmax will give him enough rop to hang himself in March if he doesn't deliver and what would be the share then!!?
Wolf
If George was to shut zulu down an EGM would be called and he would be removed... If an offer is on the table the shares will be suspended until the offer is excepted or rejected.
Wolf
George has boxed himself into a corner, whatever he decides Canmax can block him or remove him... This would be the perfect time for Canmax to make an offer for Zulu and if not Canmax another Chinese interested party.
The licence for the EPO runs out in March so that's another good reason for the Chinese to make a move now.
Wolf
Martinigirl
Why don't you wait for the official confirmation regards the Canmax situation, instead of spewing bile.
Wolf
Martinigirl Canmax have bought PREM shares at a premium before.
WOLF
Roman the last time I tossed that coin was at .18 remember the lady from the Indaba!! It said sell I never and the price went down to .004
I have, my lucky silver Victorian crown says stay. 🤞
Clueless I'm going wait and see what Canmax have to say, this could turnaround quickly if we have their support.
Wolf
GR has realised the only way he will get that raise is to fall on his sword.
Wolf
The way GR was talking about Circum you would have thought Canmax had already made an offer for Zulu and the EPO area.
Wolf
I felt uncomfortable regards GRs comments about Circum... Why would anyone ask questions about Circum when QandA was about zulu ?
Wolf
I should have also said if the RHA mill can only work at 25% nameplate that's 1000t 2 million dollars... That at best would be break even.
Wolf
Stark appeared happy with the RHA mill and said it had resolved the milling problem... What ever the reason for not sending shipment out in November December, I would have thought it has nothing to do with the RHA mill.
Wolf
Bongoblu I've often said don't focus on GR... the strike length at zulu is similar to that of Arcadia, but zulu is predominantly spodumene!! unlike Arcadia 50% tantalum and 50% spodumene.
The Chinese will definitely be looking very closely at zulu to feed the lithium hydroxide plant in Zimbabwe.
Wolf
Acker I'm hoping GR can confirm Canmax are in agreement not to send the November and December shipment and it's a joint decision to go for nameplate with the new mill, it may be it doesn't make economic sense to send two small shipments... If he can't do that he will have to admit that the plant couldn't produce 1000t of SC6 and Why it couldn't.
Wolf
Goingtomoonufo, your English is improving with every post... One could deduct from that you are indeed a fraud?
Wolf
Goingtomoonufo, clean Tec has took a hit!! what with the Ukraine war and uncertainty in the middle east... that's played into the hands of the oil and gas industry and they are making billions off the back of that.
If anything, that just spells out the importance of going carbon neutral... The Chinese will lead the world in that respect.
The UK will as always lag well behind.
Wolf
Acker some people will never see the woods for the trees... The Chinese are going to build a lithium hydroxide plant in Zimbabwe that will take about 12 months, the 300 million Arcadia mine took 12 months to build... Zulu will be bought out.
Wolf
Goingtomoonufo let's see what Canmax have to say!!
Instead of guessing.
Wolf