Prem2 Mar 2024 10:09
Snowking
Thank you for your congratulations.
As you are aware for me Prem is going to be the AIM share of the year, not only via the rise in the SP but also the transformation of a company, the growth from a fledging mining company to a well-respected player in the world market.
A company that will gain credibility respect and the attention of other players wanting to join the party.
I do not want Mr Roach entertaining any takeover during the next 4/5 years.
For 2024 I want
A constant drive to increase plant efficiency
A drive to increase production volume, as early as Q2
Maintain technical grade
Take the necessary action to commercialize tantalum
Prioritize clearing debts, especially Canmax.
In a nutshell, on 1/01/2025 I want this company in a fit shape to ride, what I expect to be, a roller coaster ride through the booming lithium market
I want my processing unit.
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]
Other factors may push SP higher
Progress on other lithium plant
Solid and progressive work on EPO
Settlement of the RHA dispute
Disposal of MNH
IPO at Circum
Acker