Member Info for ACKER

Shark41

Agreement is between Premier and Canmax.

Acker

Alhambra9

The world has moved on from the reports you have posted.

Acker

Canmax cannot let Zulu go to the wall.

Prem owes Canmax C$60million and rising.

If I were running Canmax, I would invest more to get the plant running, fund the development of Zulus' other assets, and provide capital for exploration on new leases.

I would increase the holding to 49%, retire the current CEO, and strengthen the BOD with people with commercial experience.

Acker

One has to take the spread and low volume into account.

Acker

Pleased to report a slight increase in spodumene price after weeks of decline.

$746

Acker

It was very sad when the CEO admitted during the Bingo meeting that the company did not have the financial resources to start the plant to monitor progress.

Things must be tough.

Acker

It should be an interesting week, with outside influences influencing the budget, a nervous market examining what action the CEO will take to rectify debt management, and spodumene prices falling.

It is difficult to judge the SP movement in this market.

Acker

Should he come to shareholders for money there MUST be a caviet ,he must not put himself up for re-election as CEO.

Acker

Will George go back to Darwin ?

Acker

Jaglith

On that I agree,can see no other option than a 3rd party investment-----$20m

Acker

Alhambra9

Hush.

Thank you.

Acker

Jaglith

Well aware of current creditors and the fiscal hardship facing Zulu.

I mentioned the Canmax account to emphises the quantum of the accumalating debt as I feel that some investors are blind to the fact how large this settlement is and growing monthly.

Getting close to pulling out.

Acker

This time next week on a very rough calculation Zulu account with Canmax will rise to $60 million.

Acker

George,

Including in your next RNS will you please detail your cash flow calculations for the two months ending 31/12/2024 and comment on the forward viability of the Zulu mine.

Thank you

Acker

The CEO has made it very clear that any possible JV is many months.

Assuming he somehow gets the 9.5b this will not last anytime,he will have to come to the market again.

Zulu needs money now,and a lot of it.

Acker

Gentlemen

Which begs the question:

How does Zulu pay the creditors.

Acker

I thought the caller said there would be an RNS today.

Acker

Sir_Stonks

I wish I could have attended.

Watched the video and was left feeling angry.

Acker

Alhambra7

Let's assume CEO gets the vote and the 9.5 b ,he will be required to use the majority almost immediately to service accruing debts and keep the lights on at Zulu.

At what price do you think the shares will be admitted on the market.

Acker

what a f****.

the only thing that kept my attention was the youn lad stuffing cake into his mouth.

it looked like a gathering waiting to play bingo.

has anyone else noticed that when our ceo doesn't like the questions raised online the machine breaks down,it happened at the agm,egm and the "chat" last night.

george looked a slob,

what impression did that chat give to our largest investor.

disgraceful .

acker