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Snoozefactory
Yep, I accept your comments 100%
My big driving factors, I do believe in the Zulu mine,I do believe that Premier will resolve all the troubles and show the market a credible mine producing spodumene every month at a rate of approx 6/7 tonnes each month before the end of the financial year. Under the Zulu umbrella, I also believe in revenue from tantalum and the revenue stream with the Canmax project. I am comfortable with the financial aspects, although will admit it may be a little tight in the run-up to commercial production. If all goes to plan commercial production will take away much of the financial pressures previously faced by Premier and will allow Prem to make inroads into repaying Canmax.
My other driving force is long-term achievements, this is the exciting element. All the suits are pointing to a "boom" in lithium pricing during 2025, not as we witnessed previously, but certainly a tangible re-rate.This should allow Prem to clear finacial obligations to Canmax and start banking some worthwhile profits.
The old Li3 mine looks very promising with whispers of a J V agreement,the EPO has massive potential and I would put money on the CEO returning to RHA.
Put it this way, the company was surrounded by thick fog up to December this has lifted a little, now mist which will disappear during Q3 leaving warm, bright sunshine for us all to enjoy.
I remain very optimistic.
Acker
ProfitBags
I take your point and I agree.
There is only so much rope available .Should Zulu not be regually meeting nameplate by the end of Q3 then i would agree with calling for a replacement for Mr Roach.
Canmax may go for an earlier call for his head.
Acker
Redandy59
If one breakdowns the amount raised it should leave enough in the pot to achieve commercial production in June.
I am looking for first Zulu revenue in June 2024 and for the plant to continue nameplate plus thereafter.
IMO an SP of .60 at the end of Q2
Biztech gave a good video on allocation of funding.
IMO well worth the wait.
Acker
Dazed
I wouldn't be that confident that any EGM would see Mr Roach forced from office.
I think a lot of investors would recognize that sacking the CEO at the 11th hour would result in total mayhem for Premier and cause such disruption amongst 3rd parties.
Mr. Roach must be well aware that there is an element of discord among the few.
The guy will move upstairs when Zulu is established and profitable.
As I said before, trying to get rid of Mr.Roach is an old record played at least once a year.
The CEO will only move if Canmax requires it or he wishes to move, you are all wasting your time huffing and puffing.
Get the company moving and vote "YES"
Jaglith
That maybe so,I am also lookig at the rapid expansion of the company ,company clear of debts in 2025, a company having cash reserves,more exploratory work,a strengthen BOD and working closly with Zim government.
Acker