Member Info for WorldWidePleb

Jaglith, dont’t be childish.

I used the accounts . Total operating costs ran at ~£1m a month.

Someway off what you made up.

So you can't list the claimed outstanding bills and amounts?

Jaglith,

Can you list the outstanding bills and amounts?

How did you calculate the 1.5M a month? Using H1 figures?

The XRT and UV sorters have a confirmed output grade of 4-5%. Now the new mill is working, it's already saleable.

Canmax can also take the payment in shares at 10% below the vwap.

Concern over a share raise.

The company needs cash, and the deal is taking too long.

Yes, let's move on Acker.

I don't think the board can contain any more ironic replies.

Acker. Very childish. No need for emotional outbursts.

That's another loaded statement. Again, pompous, presumptuous and wrong, ACKER.

Very snide and slimy attack. Try and stick to reason with evidence for your proposition. Not belief and emotion.

Don't get upset with facts.

It's good to see you clogging up the board with more drivel ACKER.

“Stark said this, Stark said that.” STARK confirms qty and quality of feed grades. STARK confirm the rectification of the milling circuit. Confirm optimising float circuit and its working to design spec.

Experienced investors in Premier will immediately identify the difficulty in putting on the "Rose Tinters" at this stage and upon rather weak details. - This one has it all, Irony, presumption and pomposity. Weak.

WITH PREMIER IT HAS TO BE ACTION RATHER THAN WORDS. - THE SAME CAN BE SAID FOR ANY COMPANY, OH WISE SAGE.

Don't wish to stop the trolling posts devoid of any reason, good to see some foolish posters.

It’s incredible the amount of fear-mongering and misinformation on this board. A few agendas are being played.

Stark has confirmed that the grinding circuit produces 50% of nameplate throughput into the float circuit. ~18.5t/hr = 9768t/month of high-grade feed to the float circuit. (22 days of operation a month)

The recovery of the float circuit then brings this down. The nameplate for concentrate is 4000t, so 50% is 2000t, which is 500t a week. The contract is a conservative 1000t.

There is no reason that the float circuit won’t achieve its designed throughput. The plant is stock and has already been tested before fitting. Its performance was confirmed recently by STARK without being explicit.

I don’t think many here understand how a float circuit works or is optimised and why it takes time -

It’s a balance between chemicals, grades and qty of throughput. There is no question about achieving SC6; it’s about tuning for maximum qty - it was explicitly sized for 4000t of SC6.

It tells me a lot about posters knowledge who are spamming nonsense regarding this part of the plant. Or maybe they already know this?

A paper some may find helpful on flotation: https://www.911metallurgist.com/blog/wp-content/uploads/2015/12/Optimisation-of-spodumene-flotation.pdf

Note that It’s also nearly 20 years old. This technology is tried, tested and stock standard. There have been improvements since that time, though.

Cash: Prem needed £4m to get to Q1 2024. It now has 125% more than that, raising another £5 with the help of CANMX, which takes Prem to Q2 2024.

Stark are paying for the remedial work. Not prem. The £1.5m penalty payment was also accounted for in the raise.

There is no advantage in releasing an RNS early in optimisation. I’d say they’d have a good idea of stabilised qty/grades by the end of Oct the earliest.

Some good buys going through also £30k etc

So you’re speculating from one person speculating on the Telegram group - About spod production and about an RNS.

Didn't see either of those posts in the t

Telegram, can you quote them?

So it's just made up and not company-given guidance.

Where are you getting your earning figures from?

..

I want to see the farm-out done. Ironically, which would make the onshore punt useless and value-destructive.

Had a look into SDX, and you're right. All the same hubris and zero commercial results. Found gas, high pressure etc, non commercial…

They had all the info Char now hold. Why did SDX relinquish the licence if it was so valuable?

Again.

Where is the farm out?

Why did the Char board dilute the ~ 1B NPV by ~ 10-15% at Anchois, to chase an inconsequential % worth of gas onshore?

Onshore pie in the sky NPV of gas is ~ £100. Thats if ALL the wells ( punts) come in? - less than the diluted value???

No reasons yet given. Really makes one wonder what is going on.

I see the PR machine is in full swing, I hope another value-destroying share raise isn't inbound.

The company just hasn't been found by many yet which is often the case esp in a bear market.

A news catalyst should see this rate very quickly.

Back by a considerable asset base and a noted significant investor in the mining world.

That makes the share drop understandable. Didn't see that. Thanks.

Fingers crossed that's the warrant selling cleared, if it is, then as it moved down swiftly on low-volume it will move back up swiftly also.