Member Info for WorldWidePleb

Other financing facilities are available to revenue-producing companies. Hence, the significant de-risk on production; however, as stated below, the company now has over double the £4m needed to take it into Q1 2024.

I stopped posting to let the fear-peddling brigade work their magic.

A quick thank you.

I got a few orders filled

Can the expert on Li plants talk again about the thicker being essential. Ho Ho.

Keep up the good work.

RNS

The level of (purposeful?) misinformation is incredible.

I never thought a simple, factual statement would get taken so far out of context and provoke such an unhinged reaction.

Raaydaar is beyond help, it seems, but to clarify again…

‘The mill is now completed ahead of schedule and producing 2000t instead of the forecast 1000t’

The video link of the plant working here: https://x.com/share_talk/status/1708546915284004917?s=46&t=x7jSf4uKpkEb1QjiK7BngA

The BALL mill ( I know the plant has other stages, flotation, etc.) produces 2000t of throughput, as affirmed by GR in the most recent interview. That's what I stated. Great news.

Yes, the flotation stage is to be optimised - it’s also not the first flotation circuit in the world.

Nowhere did I mention spodumene net production. If we're all talking about our beliefs, I believe prem will hit its stated quota. But who cares.

Some people's reaction to an ahead-of-schedule update speaks more about them themselves than the company.

More than happy with the progress and look forward to the next update.

Clueless, I’m clearly (To those who are literate) talking about the mill production. ‘The mill is now completed ahead of schedule and producing 2000t instead of the forecast 1000t’

As for the rest of the half-baked guff, refer again to ‘half-wit waffle and opinionated nonsense.’

Don't be so foolish and let the more mature posters exchange thoughts, you’re clogging up the board now.

I find how uninformed some people can be, who are ‘apparently’ invested(strongly opinionated nonetheless), bewildering. But not surprising.

Any facts or outlooks shared are washed as ‘ramping’ and replaced by their half-wit waffle and opinionated nonsense.

From the recent interview. I’m talking feed rates.

The plant is running at 50% of forecast throughput. Forecast through pi being 4000t.

Before that, 1000t was stated as feed throughput.

Prem has raised around £9m, recently. Including £1.5m contingency for a missed deadline.

STARK are covering the cost of the modifications to the plant.

The mill is now completed ahead of schedule and producing 2000t instead of the forecast 1000t. 4000t incoming q1 2024.

GR has organised and executed on putting a plant together in 12 months. The last company I saw doing this took 5 years.

Oilscamjim ramp/de ramp crew resorting to abuse. Be careful.

Called this 100% lets hope for gas shows which should get this to the 7-8p.

Can't see any more than that given the previous gas shows but still non commercial.

Beware.

Oilscamjim on the pump via twitter - admonishes others for the same. Clown world. Reeks of desperation.

Be careful. His aides ramping on here for an exit.

Position accordingly and don't be exit capital for the pumping traders. Called this all the way.

5.5p looks like a good support. Fingers crossed for a hit.

Look out for a share raise either way to continue the boards lifestyle for another year.

Looks like a share raise is on the way.

I agree ProfitJock. The company is recently very well capitalised. Production is 1-2months away.

Lots of games are being played, but that said there’s a lot to play for given future value vs. its peers. Expected.

The STARK CEO just verified his account again also to show up the trolling.

I thought it was a good interview also, didn't see any stopping of bullish remarks? Not to sure what is inferred there?

He looked tired, obviously been travelling and gave an early morning interview around 6:00 am.

Very happy with that and also with the feed numbers.

Great set of RNSs. Fully funded and operations back up and running. Significant De-risk.

Vids of the plant running.

“we expect to meet the production target for shipments in November 2023”

“George Roach, CEO, commented, "Subsequent to our update of 21 September 2023, I am pleased to confirm the plant at Zulu resumed operations with material fed through the newly installed and commissioned mill.”

And the new mill to increase production is planned to be installed in Q4

Great news. A lot to look forward to.

Fully funded and back on track. Buyer for all production and also major shareholder. Ducks in a row etc.

Hopefully the RNS tomorrow will give an update on commissioning.

What's the companies current cash position now?

I just saw your mal reference to he1 strum.

Warned posters about over-positioning, calling

the placing and subsequent trading below the placing price—received much abuse, unfortunately, as is the case on these boards for taking logically.

People would have saved some money. At the right price and position size it has a small part of a portfolio. This is business not a happy clappy club.

He1 and TXP are two completely different companies as you well know…but that doesn't stop you from misrepresenting information though does it…One is a speculative punt, and the other is a producer from known formations.

If they didn’t get into a terribly negotiated drilling contract with the operator, catastrophically so, in this case, taking dilution of the whole company into account, TXP as a company would be a lot better off. A lot of sensible posters here noted that at the time, and received the same sort of childish attacking replies.

They were forced to drill Royston because of that, instead of drilling into a known formation a few months later, increasing production, sales and likely booked reserves.

If you have a large, know, producing, cash flow generative formation, esp. the calibre of Cas, maximize it before going forwards. ABCs in this space.

A speculative Royston could then have been drilled out of FCF with little impact to shareholders. It did provide lots of cheap options to management though…

The longer this stays low for the management to accumulate options before the drill turns in Cascudura again the better for them. Look through their eyes.

It would be easier for you to provide those that don’t strum. The floor is yours.

Listen to the start of the presentation, all 2024 for further activity, only later a few ‘maybe see where where at’ in Dec quotes later in the presentation when pushed.

Have they ever been on-time or ahead of schedule? The Five year plan is a huge disclaimer.

Been here a long time and believe in the asset, but the management aren’t living up to this acreage.

Agree on not supplying timelines Dunder. Never seen that before, even in this space - it’s fundamental for management to provide guidance… a bit of a concern their not willing to. I’m sure they planned a timeline for thier share options issue, every month, though - this should now stop. Options should be performance based.

Follow that up with a director selling. Not a good luck.

At least cash flow has happened, but don't see much else until mid 2024.