Member Info for ACKER

Iky786

So you are prepared to turn off the vital funding tap requested by Premier to keep Zulu working.

I shall vote "Yes" and hope for a bloody miracle.

Acker

"interpretation"

Acker

Iky786

Basically it is down to finance, delays and business economics.

A few months ago I stated that Roach had not raised sufficient money, he needed to raise 8/10 million.

This funding would have allowed payment of creditors and a reasonable lump for working capital.

Instead he is messing about raising pence, this 4 billion share proposal will not raise sufficient funds he will have to come back to the market.

There is no revenue.

Now during this last awful interview, he defended even further delays and could not or would not put a time scale on commercial production, for goodness' sake the creditors are forming a queue.

Perhaps you can tell the BB how CEO will restructure finance and stop the accumulation of debts.

CEO commented that the lower-grade sales revenue would buy two diesel deliveries.

Then we have the operating margins, even at above nameplate the margin is insufficient. Premier will just not make enough money.

Tell me iky786 how will Prem manage to settle the Zulu/Canmax agreement by April 2025.

George has pushed Zulu into a corner and unless there is some major cash injection from 3rd parties i cannot see a clear path ahead., further delays,SP will continue in freefall, no revenue ,accumulating debts more dilution.

Tell me iky why do you wonder.

So you now reply with your interruption of events.

Acker

Have been watching this for a few days, some reasonable lifts in SP price

Acker

Goingtomoonufo

The SP has dropped by 20%,the CEO has stated in an interview that there will be further delays. The shareholders are being diluted to zero, spodumene keeps falling, debts are spiraling, no revenue and you say the company is currently viable.

Acker

And to compound matters the price of spodumene keeps falling.

Acker

TT1981

Kept a few

Acker

It wouldn't surprise me if Mr. Roach delists Prem and moves it into private hands.

Acker

Great recovery.

Acker

Raaydaar

Agree with your comments at 16.44.

Acker

Goingtomoonufo

"Nothing has changed" Are you serious, have you seen today's SP.

Do you understand the consequences of the fall with the cash call?

A lot has changed, and George has confirmed that Zulu will encounter further delays.

IMO one of the worst days for Premier.

Acker

IMO this drop is excessive.

Expect a recovery.

Acker

Iky786

I have my views about what will happen.

Will keep them off BB,will only attract flack from newbies and alike.

Acker

Freefall continues

Acker

If George is so concerned about the SP he should stop doing interviews.

Acker

Well only one word for that interview "awkward"

I have never seen Mark so obviously frustrated with George.

Not a good interview, production seems months away.

Acker

Workshy

Thank you for the welcome and kind words.

Acker

Steward1

Trust you are well.

Have joined you in this one.

Acker

Put a few bob in here today.

Acker

Iky 786

So, what do you propose?

May I suggest the "honest ordinary PI" gets act together and starts learning the rules?

Acker