RE: ACKER etc.28 Mar 2024 11:34
Snoozefactory
Yep, I accept your comments 100%
My big driving factors, I do believe in the Zulu mine,I do believe that Premier will resolve all the troubles and show the market a credible mine producing spodumene every month at a rate of approx 6/7 tonnes each month before the end of the financial year. Under the Zulu umbrella, I also believe in revenue from tantalum and the revenue stream with the Canmax project. I am comfortable with the financial aspects, although will admit it may be a little tight in the run-up to commercial production. If all goes to plan commercial production will take away much of the financial pressures previously faced by Premier and will allow Prem to make inroads into repaying Canmax.
My other driving force is long-term achievements, this is the exciting element. All the suits are pointing to a "boom" in lithium pricing during 2025, not as we witnessed previously, but certainly a tangible re-rate.This should allow Prem to clear finacial obligations to Canmax and start banking some worthwhile profits.
The old Li3 mine looks very promising with whispers of a J V agreement,the EPO has massive potential and I would put money on the CEO returning to RHA.
Put it this way, the company was surrounded by thick fog up to December this has lifted a little, now mist which will disappear during Q3 leaving warm, bright sunshine for us all to enjoy.
I remain very optimistic.
Acker