Member Info for ACKER

Mafs

Some of the "suits" are even suggesting $4000 t during 2027.

Acker

Mafs

I'm a great fan, however, the Zulu mine is following an unprecedented rise in spodumene prices and a lithium market not only dominated by EV production but also the swingeing demand for ESS.

Right time, right place, right product[s]

Acker

Tradedesk

All my comments build on a successful commercial Zulu plant.

Acker

Tradedesk

Then factor in a 25% sale of Zulu, late Autumn, and a couple of mineral JVs, again late Autumn.

Acker

Tradedesk

Then add a satisfactory conclusion to the RHA debacle.

Acker

Tradedesk

Then add government approval to mine our EPO areas.

Acker

Well, I have no doubts, and buying accordingly

Acker

For anyone still pushing the idea that Zulu is a one‑mineral project, it isn’t. Spodumene is the primary revenue driver, but the geology at Zulu contains multiple lower‑grade or secondary minerals that can be monetised once the main plant is running consistently.

These include:

Petalite – present in the southern pegmatites; used in glass‑ceramics and increasingly in battery precursor blends.

Lepidolite – lithium‑bearing mica found alongside spodumene in the northern zones; lower grade but saleable to specialist processors.

Tantalite (Tantalum‑Mn) – parts of the pegmatite are described as “quite rich” in tantalite; tantalum has strong demand in electronics and aerospace.

Mica / lepidolite‑rich material – already being stockpiled for future recovery or toll‑treating.

None of these replace spodumene, but they add optionality and future revenue streams once Zulu is in stable production. The priority right now is getting the flotation plant commissioned and producing consistent concentrate — but the wider mineral suite is there, and it strengthens the long‑term economics of the project.

Acker

James Blackstone

Why not ask out largest creditor, they hold the purse.

Acker

Tradedesk

Good figures.

I have earmarked 1.7 for the end of the year on a rising spodumene market, increased production and much improved efficiency and cost cutting in production.

I have not overlooked the contribution from lower-grade sales, which will be "gate sales" for the internal market and will make a great contribution to cash flow

Acker

The time will soon be to kick the Phoenix.

Acker

Great RNS,great start to the week.

Exciting times ahead.

Acker

Shareholder 19

Fireworks,lots of 'em

Acker

Key 2026 Spodumene Price Trends:Rising Prices: Prices have increased, with some reports noting a +1.56% daily rise recently and a significant +64.08% increase since the beginning of 2026.Market Sentiment: Strong demand and tighter supply, with some spot contracts rising significantly for May, with analysts projecting continued strength.

Acker

As I understand it Zulu is under contract to deliver nameplate production,4000t of grade SC6 on or before the date of the revised long stop agreement

There is a 10% adjustment marker that may be used.

I cannot find any amendment to the agreement; the Hill has often referred to the requirement of nameplate.

May i remind posters,it is Canmax controlling the budget not Zulu:

ii. Canmax having financial oversight for the monitoring and controlling of the operational financial activities of both Premier and Zulu Lithium including the final approval of all operational and trade creditor budgets for the utilisation of any funds raised until such time as the Prepayment Amount plus interest has been settled in full.

Acker

It would come as no surprise if Zulu was sold this Autumn/Winter.

Acker

Well we are now in early May.

IMO things will start getting interesting.

Expecting some very good news early this week which will start a bull run.

SP 32

Acker

It must be very frustrating for old Jaglith,now just looked upon as a spent force.

Wave as you pass him.

Acker

Good week ahead.

Acker

28 day run =13440t

Spod recovery at 60% =8064t

8064t at 3000 =$24.192m

Net profit c $13/15 m

That's what i am looking for.

Acker