Member Info for ACKER

IMO a little early in the month for the placing.

Have suggested mid to late December for working capital placing, no idea when "Goddard Shares" will hit the market,if at all.

Should Canmax put in another cash injection then that would ease the pressure.

Zulu will not receive any revenue until maybe April 2024.

January is the deadline for repaying the CEO loan, hope Mr Roach defers this until May/June.

Difficult times for Prem,Q3 should see some reprieve.

Acker

Hasiba

Historically Friday has been the best day for Prem SP

Acker

$1615

Acker

Wolf

What on earth are you talking about?

Acker

Martinigirl

I can see from your post that you have experience in the art of reading a Prem RNS.

Acker

Sir-Stonks

Exactly.

I shall join you with a small top-up.

Acker

Hasiba

Not sold any.

Just be careful, hate seeing freshers make fundamental errors.

Acker

Hasiba

Whatever you are taking---please pass it around lol

Acker

Yet another good day.

Can we have some news, please?

Acker

PD101

Read the RNS again, Canmax has not called for a November loan repayment, that is the only information in the RNS.

Will Canmax want some shares?, why not mention this in the RNS?

Over the years one has found that there is more information about what has been left out of an RNS than actually printed.

Acker

Isn't that a coincidence?

Acker

Believe me...if Premier had sufficient working capital to cover all expenses up to the time it receives its first revenue payment our beloved CEO would have put this in bold print in the recently issued RNS.

Anyway, I told you weeks ago that Canmax would not call for a loan repayment.

Just be a little careful.[IMO]

Acker

Go_ly-dow

That would be nice however I would rather have the CEO explain the cash flow projections for the next 3 months.

The company cannot do anything without adequate finance.

Acker

Nothing is surprising in RNS.

If I were you chaps I would calm down a little, Zulu is not out of the woods.

I want to get details of our investors' revised strategy, how Canmax will play the game from here onwards?

Premier is not looking to receive any revenue until late March or early April, the company will require additional funds either from Canmax or shareholders. Premier has to settle contractors' debts and repay the CEO as well as find sufficient money to keep the lights on.

Only when Premier has posted financial MO will I be at ease.

At the moment and without any details to the contrary I envisage placings.

Rose-tinted glasses remain in the case.

Acker

$1640

Acker

Hasiba

Yes, I have the article on record.

One sentence sums it all up:

"While lithium prices may not go too much lower, a sharp turnaround appears unlikely"

That, for the short term, to 2028.is what I need to know.

It is in line with other commentators.

Acker

Acker

Acker

December2023

"While lithium prices may not go too much lower, a sharp turnaround appears unlikely. A massive expansion in supply and a slowdown in growth rates for EV sales have contributed to the slump, and Benchmark Mineral Intelligence doesn’t expect the global market to return to deficit until 2028."

Acker

Jaguarflush

Thank you for the video, some are more convincing than others.

$1000 seems to be the figure being put about for the future spodumene price, eventually rising,one commentator talking a decade-plus then reaching $2000.

On these figures and applying the 15% discount the net value to Zulu is $850 against production costs at $600.

Acker

Forbes report October 2023.

"There’s been a lot of recent news about automakers cutting back or delaying production of electric vehicles (EV) due to slowing consumer demand. The headlines include Ford announcing it was postponing $12 billion in planned electric vehicle production, GM abandoning a goal to build 400,000 electric vehicles through mid-2024, and Volkswagen Group cancelling plans for a new $2 billion EV factory in Germany."

And the recession is only in its infancy.

Acker

Well gents,I am not convinced that the world will be driving EV's in the quantity you suggest.

I am not blind to the fact that EV's do have a place and over the past years sales have been hyper.

The market was very heavily subsidesed by car manufacturers and in particular governments,can you recall the market when the Chinese government stopped support,EV sales collapsed.

Sales of EV's will continue to grow,however the rate of sales have already slowed and there appears no reversal .

The Amazon argument is very relavent,one of the largest companies in the world moved to electric and is now showing signs of returning to fossil fuels,that it my eyes is a vote of no confidence.

The initial years have produced some fantasic figures but in reality the market was false it was driven by super discounts on RRP,HMRC allowed fantasic offers via AIA,no road fund licence,no tax on power.

It will be interesting to see what happens now the world governments start taxing the Ev's,now the cost of EV's starts coming to the forefront,the cost of depreciation,battery replacements etc

All i am saying,it is NOT a golden run.

Acker