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Hold tight Den... SC6 will be processed and shipped... Will it be November December or January... is anyone's guess.
Wolf
He sounds as crazy as Madderson... Will he arrive at zulu on Maddersons train and shoot the lights out when he gets there.
Just joking ;)
Agreed, in the last RNS it said we would be kept informed... and we still don't know what the grades are or if we can meet the November deadline and we only have 15 days left.
Wolf
Clueless I'm sure martinigirl could direct you to her fortune teller if you ask nicely.
Wolf
Martinigirl stop trying to sound intelligent... when you spend all day posting about a stock your not invested in 🤣
Wolf
Likewise PREM can't say anything price sensitive without it being RNSed first... it's possible we are now producing very good grades, it's been 4 weeks since optimization of the flotation circuit started.
Personally I would prefer an RNS before any interview!!
Wolf
bull ****e acker... day to day trading has nothing to do with the ability to think out side the box or making an educated guess when it comes to long term investments.
wolf
The post in the telegram said the price difference between SC6 and SC5 is 10% not 20% like had been posted on here... the industry standard for SC6 is SC5.5 to SC6.2 so a 10% difference in price would be correct and a very good result if that's matched with 50% nameplate.
Wolf
CEO Madderson said the plant was operating at 50% nameplate three weeks ago... that's around 2000 ton a month he also said they continue to work on the flotation circuit to improve the grades... If we have sufficient quantity and quality to sell why doesn't GR just RNS that, even if it is less than SC6.
Wolf
Not sure if it's all fine... I've just been told Mark Fairbairn has called in sick and stockbox has drafted in Rachel Orkee to do the interview. ;))
Wolf
My guess would be it's a problem with the flotation part of the plant... It's producing saleable SC4-6 but not SC6.
Wolf
If the ore quality isn't good your going to get more waste materials... but the plant should be capable of extracting what ever SC6 is in the ore.
Wolf
In house testing of the ore quality was good and produced SC6, the ore quality going through the plant will variable but the plant should be able to deal with that.
Wolf
Have you joined the shorters Acker ?
Wolf
Tygra show some self control... You said you wouldn't post again until after the next RNS.
any contact signed would need to take into account variables in expectations.
Wolf
Cosmonaut I agree 2) is the most likely scenario, I wouldn't be surprised though if we can double the expected output for November and that would offset the price for a lower grade.
Either way we are still well over due any updates on progress!!
Wolf
Jaglith, can you explain what experimental tech they are using and Why in your opinion it will fail!!!
I bet you can't ;)
Wolf
Acker by the end of November the plant will have been operational for 8 weeks... I would like to think the plant can produce around 1k of SC5-6 by then.
I agree silence is our enemy at the mo.
Wolf
Acker, according to the lead engineer at Stark the plant is producing SC3 to SC6 of saleable product, the only question is how much!!
I find it odd that you would not be disappointed should PREM not produce this financial year... Can't think of anything worse.
Wolf
Shiny different times... Back then we all had concerns about our investment in PREM... this is that pivotal point now for Zulu make or break.
Wolf