Member Info for ACKER

Luthee

Yet you still follow the BB every hour, every day ???/

Acker

Some negative posters turn up all worrying in the short term.

Still back this as a share of the year with excellent long-term prospects

Bloody newbies lol

Acker

Supersport

Once you know how George operates it's quite easy to follow his programme.

Acker

This time next year Rodney.

Lithium boom 2025.

Acker

Cluless-1

I put it this way,before Xmas the company was surrounded by dense fog, which has turned into a thick mist that will disappear during Q2, sunshine.

Acker

MammaC

I think George has done remarkably well in getting an area of Zimbabwe bush and developing it into the first lithium-producing mine listed on the AIMS market.

Acker

Not always a good combination.

Looking forward to the RNS response from CEO

Acker

Extract from an earlier post:

After clearing this grey period I want George to take prompt action to strengthen the BOD. I have no desire to remove the CEO from his post and should he require fundraising support I will oblige.

A little resistant to putting a share price on the BB, we have done this in the past, and it only supplies ammunition to others down the line who delight when the MO changes.

I will make an exception this time.

Zulu only

Q2 a period of consolidation, production runs, and financial commitments Base- working off 0.60

Q3 first indications of production stability, good grades achieved, further moves to increase output Base--working off 0.85

Q4 Higher lithium prices increase rewards on Canmax contract, tantalum excites the market, tonnage of SC hits record high. Market prices for technical grade allow a very good reduction in prepayment liability. Drilling at Zulu continues to get promising results EOY 1.35/1.50 {see additional factors not in this price]

Acker

TT1981

If no production during March then yes the debt increases to 9 million.

This is why I have been pressing for financial clarity and a statement from CEO/Canmax about this situation.

What will Canmax do?

Canmax has been very, very supportive,long may it continue.

Acker

TT1981

There is no "financial penalty"

Prepayment is settled by cash payment as against goods.

Acker

Canmax situation

Should Premier not produce any saleable product at agreed tonnage or above during March then Canmax can call for a cash payment as a substitute of goods.

The payment required rises from 1.5 million to 3.00 million for March.

As of today's date, Canmax has not issued notice to Premier for November, December, January, or February.

Acker

IMO the market has welcomed the news with open arms.

Acker

I don't think anyone is "worried"

We all know that additional funds are required it is just a matter of the source and the amount.

An EGM would not be a disaster for a growing company like Premier.

It would be comforting to get the finances sorted.

Lights remain on Red/Amber but can see progress.

Great RNS

Acker

Great game, those larger sellers this morning have just purchased cheaper shares.

Acker

Jenkoo

Reading the same book.

I wanted to get rid of Stark before Xmas but can understand the difficulties.

I like a lot in the RNS.

Acker

Craignews

Inclined to agree with you,it is excellent news.

Acker

RNS OUT

Ballymena

Gosh, all this time, and you still cannot work it out, wet my pants laughing at your question.

Acker

"curser"

Acker

Jenkoo

Inclined to agree with you, the volume is on the low side, and not that many trades.

In reality, I think the rise is artificial and a pre curer to raising finance.

Time will tell, still thinking of news on Friday.

Acker