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The possibility force-majeure will be seen as a threat to Canmax in case they vote against the raise... one thing you don't do is threaten the Chinese.

Wolf

George is telling you to vote yes at the EGM because he will only need to raise 50k after it... anyone believe him?

Wolf

6 weeks and then another 3 months when it doesn't work is even longer!!

Wolf

A compliance will have been logged.

wolf

Martinigirl GR has said he wouldn't enter into litigation with Stark until funds permit!!

Wolf

It doesn't help, and it doesn't give any bearing on are current situation we need money!!!!!

Wolf

Whywastetime, my trading mantra is entrenched in world economics and predicting future events... I was one of the first on here at the end of 2019 to say lithium price would boom in 2020, when GR was going for gold and looking to exit Zimbabwe.

Wolf

Luthee they don't need it at moment because of over supply in China!!

* precarious

Luthee, the company is in a very precious situation at the moment... it simply isn't a case of us and them. no JV or direct funding and PREM will most likely go bust.

wolf

Not a chance of that Ricky.

The Chinese have a spare sorter, they can sell it as part of a bundle with the floatation section ;)

Wolf

If that's the case why would he say he needs a backstop to negotiate a deal after the EGM.

wolf

Jaglith that's why we need a third party involved you simply can't trust anything George says!

Wolf

The RNS is just GR fluff, without an RNS on alternative funding PREM is still in a very dark hole... The installation of an additional spodumene float plant is estimated at 400k and will take three months from the date of order to become operational.

Without additional funding the money raised at the EGM will be gone in that time.

Wolf

That's like saying it doesn't matter the plant isn't fit for purpose and we don't have sufficient funds to get it into production.

Wolf

Good news about what's in the ground but that has no baring on if the plant will work or will have sufficient funds to get it into production!!

Wolf

Acker, wouldn't it be more prudent to buy on the News... come Monday Tuesday you may well get this in the low 4s or 3s

Wolf

I'm hoping for alternative funding before the EGM, would very much doubt a JV.

I've dropped a spanner in the works and the team of five are working out a reply ;)))

Wolf

Raaydaar, it's incredulous to believe anyone would post for 18 months on a stock they don't hold without some financial gain!

are you one of the five that teamed up to short PREM ?

wolf