RE: Stockbox interview17 Apr 2026 21:47
Today’s Stockbox interview with Graham Hill was the strongest operational update we’ve had from PREM in a long time. The message was clear: the rebuild is working, the new plant is coming together, and Q2 commissioning is now a realistic, achievable target.
Hill walked through a long list of upgrades that fundamentally change the reliability of the operation — redundant ore sorters removed, conveyors simplified, troublesome thickeners and pumps bypassed, new tailings and electrical systems installed. This isn’t tinkering; it’s a proper engineering reset designed for continuous, commercial‑grade production.
The new flotation plant is the real game‑changer. It’s being integrated now and is purpose‑built to deliver the consistent, high‑spec concentrate PREM needs. For the first time, we’re seeing a plant configuration that can actually run the way it was always meant to.
On top of that, the shareholder base is strengthening. Deacon at 8.55% and Indigo at 9.59% — both buying on the open market — is a serious vote of confidence. These aren’t traders looking for a flip; they’re long‑term investors positioning themselves ahead of the next phase.
Hill also confirmed PREM remains in discussions with major industry players, including Glencore, and supports Zimbabwe’s push for in‑country beneficiation — exactly the direction the sector is moving.
Overall, the tone was confident and grounded. PREM is no longer firefighting; it’s building. If they deliver the Q2 commissioning as outlined today, the market will have to reprice the company accordingly.
Also,note the reference to working at "the EPO" area.
Acker