Member Info for ACKER

Over the past years, you have been pivotal in leading calls for sacking Roach.

How is the current campaign going ?

Acker

Supersport

BizTech Steve "The Hat" has started a campaign to get Mr. Roach sacked; I was just curious as to how the rebellion was progressing.

Acker

All the information was in the RNS posted last Friday.

There are a few errors in the article.

Acker

Raaydaar

You know jolly well that I am aware of further fundraising and soon.

Zulu will work or it won't, if you don't believe you should listen to those who are promoting bankruptcy and sell while you have some opportunity.

Can someone give an update on the campaign to sack Mr. Roach?

Acker

Botuney

The priority is to get the company financially sound.

Continue to re-configure Zulu mine, and bring mine into production at nameplate @ SC6.

The first production is now deferred until August.

Efficiency at the plant will accommodate increased production and reduce input costs.

Nameplate pushed to 7,000 tonnes per month by year-end.

The market will settle and an improved and sustainable SP will reflect a growing confidence in the mine.

I am looking at around 0.50 by year-end.

Acker

IMO the company still offers one of the best investments in AIMS with potential returns at 500% this year.

Acker

It,s a photo.

Tissues to hand boys lol.

Acker

Ricky K

I think Prem needs the money.

Acker

As I see it:

He may have a few shares left from the previous EGM

Call new EGM for the agreed 2 billion shares

Raise funds from 3rd parties, banks etc

Small gate sale

Dispose of Li3

Acker

Ricky

Extended Lithium Portfolio

We have previously referred to our claims in the eastern part of Zimbabwe and we are pleased to advise that these claims are presently under evaluation by a major Chinese miner who have indicated their intention to formulate a formal offer to acquire these properties.

Acker

Key assumptions applied in calculating the discounted cash flow analysis included:

• Targeted annual production of spodumene concentrate 84 000 tonnes

• Targeted annual production of petalite concentrate 32 500 tonnes

• Price of spodumene concentrate $975/t

• Price of petalite concentrate $400/t

• Discount rate 25%

• Operating costs per combined tonnage of concentrate $486/t

• Estimated 15 year life of mine

• Average strip ratio of 5.5:1

Taken from the accounts.

Acker

I think there will be a rolling program of plant improvements at the Zulu mine which will necessitate new plant, machinery, etc.

Once the nameplate is achieved and the plant is reliable then the CEO has expressed his wish to push the plant to increase production.

Acker

Looks like Canmax remains supportive, that is good news.

Acker

Jag

Yes, the current finances are pretty dire, however, it appears that action has been taken to take some of the pressure off Prem.

EGM very soon.

Acker

Luthee

I wouldn't refer to Mr Gooze as an idiot.

He did make his intention clear that he would not sell any stock--on the old Twitter.

I only laugh at "The Tissue Boys"

Acker

It looks like we will be selling the other lithium claim.

Extended Lithium Portfolio

We have previously referred to our claims in the eastern part of Zimbabwe and we are pleased to advise that these claims are presently under evaluation by a major Chinese miner who have indicated their intention to formulate a formal offer to acquire these properties.

Should aid cash position.

Acker

From the RNS

"

• Premier has obtained support from its offtake and prepayment partner allowing Premier to pursue alternative funding avenues.

• The calling of a Special General Meeting to increase the number of shares free from pre-emptive rights by no more than 2 billion.

Acker

It is interesting to note that the accounts no longer mention Mr. & Mrs Gooze as major shareholders in Premier Africa.

I thought this couple was "never selling"

Acker

Last year the company published the accounts on an RNS just before 3.00pm.

Acker

Publication or suspension?

Which is it going to be?

Acker