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Easy for him to say that when he knows he cant move immediately because of lack of EPO.
Just listened to the podcast again...GR did say they are ready to move immediately on Zulu.
Or they have found a partner to provide the investment needed to fund the exploration work to get Zulu to DFS?
The cost of development has significantly been reduced....maybe they will do it alone with the help of MNH. This way PREM keeps 100% of Zulu.
He could of put up Circum investment as collateral
"we have proven to zim govt we have the money for zulu" taken from podcast,
let the twats divert your attention and argue over value pf plant ,some know most of it new !
JV partner in the wings
Yes Wolf. I heard that too. Need to listen to the podcast again as Im sure he said that PREM is ready to go to work on Zulu as soon as the EPO is signed.
It was interesting to hear GR say he had provided evidence to the MOM he had the fund's to start work on Zulu straight away... I'm guessing by that statement he's produced evidence of a JV partner?
Coming from the man who multiplies $1.6M by 10% and comes out at $2M .... what's lower down the intelligence ranking than an idiot as you must surely qualify based on your mathematical capabilities?
Keep seeing these filtered messages. No longer wasting my time answering to these idiots.
Yes Matt. The important piece of the jigsaw is the appointment of Neil Herbert and MNH owner Brent Stanton to the PREM board. Why do this if you have no interest at all in PREM assets?
absolutely they're along with Stephen Dattels who has worked with both Neil Herbert and Prem previously.
At some stage MNH will reverse 100% into Prem but all imho.
thats right Matt. The deal with MNH is far from being concluded. PREM are looking to increase its stake, due to head room limit this cannot be done with a placement. Deal will hinge on the EPO imo which is the reason why its important to get the paper work done. My thoughts on MNH is they are interested in the lithium.
$1m worth of investment is now worth $2m not including the valuation of the manganese asset....and a production runrate of $20m a year by end of this year, expanding into $60m in 12 months time with circa 30% profits in a low price environment.
The market will decide.
$1m worth of investment is now worth $2m not including the valuation of the manganese asset.
u'd think with their disinformation campaign and lies they could all be politicians
Son--my name is CF73--i am a runner for the twats on twitter.
I just repeat what they say,i don't really understand what is going on.
mattwales, agree also that there is crew of them (is a combo crew and multiple IDs) -- poor examples these individuals, what do they say to their kids?? --- "Son, am an internet roll who has multiple IDs. Follow my example and you can lose money and then end up trolling on LSE. Ahh, is the life!"
Moving earth machinery is what prem needs and MNH's mining expertise.
There is moving earth machinery and there is the plant to process the ore. MNH had a bottleneck in production so they borrowed to pay for the 2nd jig plant to increase production.
CF we do not own 10% of what they got we own 10% of there current shares that is all
wales, agree, there are some multiple IDs going on here. Truly sad $@#£?$£s, honestly.
fish4money, we now own 10% of a private company -- meaning we own 10% of whatever they got. Witin an instant, for £1million, we $2.2million worth of machinery (in proportinate terms) and all future profits of the mine.
It is believed by quite a few LTH folks, that MNH will ulimately be looking to be part of PREM and after the monumental upside that will ome with Zulu EPO.
That MH Deal is a seriously good investment.
cf73 dont believe a word any of them say, they part of the same crew (if not the same person with multiple accounts)