Hello jxkmarvin rather than who the rumour source is I am wondering how much confidence you have in it?
..it’s always useful to know someone with a genuine ear to the ground but sometimes rumours come from someone who has an ear to the mouth of someone with half an ear to the mouth of someone else whose ear was possibly floating a few metres above ground level.
I like rumours
..In fact I first heard of Primero and bought a few shares on the strength of the the takeover one around NRW .....Or more the rumour NRW had looked very closely at Primero before it listed.
....Coupled with more solid more reinforcement of company standards and strength from James Brown the CEO of Altura;
He waxed enthusiastic on a recent podcast about how AJM had encountered problems late in the build and how, things are now moving forward very well, partly due to Primero* ;
“We’ve engaged Primero more recently to bring in a robust preventative maintenance plan now to operations. Obviously they’re very familiar with working (within process?) with lithium in Western Australia so bringing Cameron Henry’s team on board has been pleasing.
They’ve got some significant items to put their teeth into and certainly their 0n site presence is certainly valued by the team in not only allowing them to bring the plan into force but also they’re able to bring in a modification plan that allows our existing onsite team to continue with processing material for sale .... Primero are there to provide modification support and maintenance support and any other tweaking (....???..)
(about 18.30 is where he begins the Primero mention) 38812300
- I liked it that he sounded so genuinely pleased and respectful of the work “Kevin Murray’s team” is doing and so want to learn more about the company .
Does anyone have any prior experience of Primero before it listed ?
Cheers
*”With a particular focus on reliability and flotation expertise, the Altura team has been supported by expert external consultants during the commissioning and ramp-up phase, utilising the significant knowledge from plant designers DRA Global and supplemented by other processing specialists from Minnovo and Primero Group.
The Altura team has formalised a continuing services contract with Primero Group focussed on improving the tonnage output from the coarse and fines circuits and scheduled maintenance of the process plant itself.” http://member.afraccess.com/media?id=CMN://6A916175&filename=20190114/AJM_02066294.pdf
PGX Price at posting:
39.0¢ Sentiment: None Disclosure: Held