Member Info for ACKER

COP Friday 0.021.

Acker

Disagree

You’re mixing two very different things together.

Indigo taking a 9.59% stake doesn’t “mean a CLN is coming”, it means they’ve positioned themselves in case PREM chooses a structured route. That’s what sophisticated investors do — they get a seat at the table before any funding event, not after it.

And on the “all CLNs are devastating” point — that’s simply not true.

The only CLNs that blow companies up are the toxic, variable‑price, daily‑conversion types used by bucket‑shop lenders. Indigo doesn’t use those. They run fixed or semi‑fixed structures because they have a reputation and capital base to protect.

A toxic CLN would destroy their own 9.59% equity position.

It makes no sense.

A well‑structured CLN can actually be less dilutive than a placing at the bottom, because it gives the company cash now and delays dilution until the business is in a stronger position. That’s why boards prefer them when the share price is on the floor.

So no — Indigo’s involvement doesn’t automatically mean a CLN, and even if PREM did go down that route, it wouldn’t be the “death spiral” type people like to shout about. The facts simply don’t support that narrative.

Acker

A CLN backed by Indigo is not a death spiral — it’s a structured, institutionally anchored funding solution that protects PREM from catastrophic dilution and positions the company for a turnaround at Zulu.

Indigo’s 9.59% stake alone proves they are not here to churn the stock.

Acker

They are here because they see value, and a structured CLN is the cleanest way to unlock it.

The next move IMO

PREM’s next funding round is not going to be a brutal placing.

It’s shaping up to be a structured, institutionally‑anchored deal, most likely a CLN, with Indigo positioned to influence or participate.

This is a shift from retail‑driven dilution to strategic capital.

And that’s exactly why Indigo took 9.59%.

Acker

Maybe cleared the Goddard debt, leaving new negotiations with the replacement mining company.

Acker

George

Thank you, I haven't sold any.

Still working on my theory of 3 steps forward, one step back.

Much more to come,still very early days.

Acker

Now would be a good time to do a sizeable placing.

Acker

And more news to come.

Acker

Iky786

Does this answer your question?

Acker

Up 23%

Acker

Great news,many will follow.

Acker

Spodumene Concentrate 6% Li2O Index CIF China

SMM-Li-SC-001

USD/tonne

Collect

2,230

+30

(+1.36%)

Acker

Dr Aim

You should do more research; plenty has changed.

You will return IDC, regrettably you will be late for the party,invitations already being posted to the worthy.

Acker

Action next week IMO

Acker

I don't think Canmax would support any involvement from Mr Roach.

Just another smear tactic from the usual.

Acker

Well,well,well,still no placement.

I bet all the excuses will now be posted,CMC not interested, no one buying and all the usual crap.

Acker

Looks like those who think they are so knowledgeable about Zulu placings have called it wrong all week: no placement Monday, no placement Wednesday, and no placement at 7.00 am this morning.

I sometimes wonder if these people understand how it all works.

They seem more at ease talking about lunches, travel expenses and corruption, bless.

Thank goodness I have them on filter .

Acker

If only

Spodumene Concentrate 6% Li2O Index CIF China

SMM-Li-SC-001

USD/tonne

Collect

2,200

-30

(-1.35%)

Acker

A few reasonable buys late afternoon.

Acker

Joined on the dip, recovering well .

Acker