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Jaglith the money pot is nearly empty... without raising the head room!!

Wolf

Martinigirl, I seriously couldn't be bothered to read that long winded post... Please keep it simple instead of paraphrasing all the time, your becoming boring to say the least.

Wolf

Good to see you back Daz

I'm confused when you say!!

"again we aren't producing yet we simply are at the mercy of lithium macros"

Wouldn't that impact on future investment in the industry?

Wolf

Contract prices last year not this year.

Contract prices have been as high 4000USD this year so given the spot price today it's obvious contract prices will be negotiated down... Spot price of 1000USD will impact on suppliers margins so you can expect supply to be cut back... It's all about supply and demand... demand will go up and so will the spot price this year.

Wolf

Asianmetal.com are only reporting a 2.6% drop... Shanghai metals an 18% drop... something isn't right.

Why the big difference ?

Wolf

Not a good price drop... Not concerned though still some way off production and I'm still expecting the price to start recovering in Q1.

Why have you converted dollar's to pounds Acker!! that's not relevant is it.

Wolf

It's been a difficult end of year result for the price of SC6... First quarter should see a turnaround... Let's see!!

Wolf

Biztech

A good summary as always... Why is it when GR does interviews it always leaves more questions than answers!!

I just hope we get to vote on him when he calls an EGM... bottom drawer until then.

Wolf

George, is that ball mill getting prepped for transportation to zulu ?

updates on progress on the mill are paramount, a hole in the ground simply isn't doing it.

Wolf

Wolf

Makes you think... Canada has told China they can't invest in mineral resources in Canada... Li3 could only operat in Zimbabwe with Chinese backing... Has GR the first refusal on any offer? Would have thought Bikita Sinomine would have being interested!!

Wolf

Hasiba

I think the market would respond favourable if GR was toppled... He said, was it 4-5 years ago the bod are looking for a replacement CEO, yes whatever!!

His track record speaks for itself... Time he went.

Wolf

Hasiba-Acker

The only reason people like jaglith are around is because GR has failed at every hurdle... I find it incredulous that you believe he could deliver on anything after all the failures!!!

We would be far better off with a competent CEO with a mining background.

Is GR still earning 300k a year... If we had a competent CEO on 600k it would save shareholders money.

Wolf

A key factor is the delivery of the ball mill on site and on time... if we have that I have 30k waiting to go in.

Wolf

At the end of the day it's all down to the big shareholders, if we don't get a vote on GR I wouldn't bother voting.

Wolf

Acker

Don't we get to vote on George at an AGM he barely scrapped through last time I don't think he will risk it this time, also he's been to London and could have called one then.

There was that other time when he held it in Paris because he couldn't afford the security bill in London ;)

My bet is on an EGM.

Wolf

Do you mean chandio ?

Hasiba

If we have next to no headroom left in January how could PREM cover the cost of possible delays!!

Wolf

Biztech

Thank you for a good summary of the lack of transparency regarding PREMs financial situation and good luck in GR answering any of your questions... The NOMAD disclaimer is concerning,could be one of those financial institutions has a conflict of interest and should have been named?

I'm expecting GR to call an EGM at some point and he will say the the usual, PREM needs liquidity going forward but he doesn't intend to use that headroom... I bet he also says he will be deferring his loan hopping that will score some points for him... When he calls an EGM will we automatically then get the chance to vote on GR ?

Wolf

Shut it Muppet I'm Italian.

Go fart in the wind by all means just don't do it in my direction.

Wolf