Member Info for ACKER

Hasiba

Just out of interest how much revenue would you expect from the first nameplate production of 4000.

Acker

...any new Canmax deal may adjust the balance in Canmax's favour and of course, the value of the output is falling every day.

The revenue will be very welcome and will answer a few problems but you may have to wait until Q4 when Zulu is accumulating a cash reserve.

Not sold any shares, why do you ask?

Acker

Hasiba

My post was to highlight the fact that there are issues that still need sorting before production.

Not that confident about first revenues laying the golden egg,any new Canmax deal

I agree that we are looking well into the new year before commercial production at Zulu.

Other issues need addressing:

Goddard Shares

Accumulated Stark debt.

Canmax view on empty production and subsequent course of action.

Assessment of financial requirements and source of funding

January 2024, will the CEO call in loan repayment?

Smooth delivery and installation of new ball mill

There are plenty of topics open for discussion before production.

Acker

Betting on option 3

Canmax takes no action following the withdrawal of the agreement to supply spodumene during November 2023.

Canmax will not call for loan repayment or exercise share options as per agreement.

Canmax will provide further working capital to Premier under a separate agreement.

Acker

Furthermore

El-Gelboy

I agree, I would like a Canmax project manager and for Canmax to fly in technical assistance.

I would not complain about the appointment of a Canmax finance director.

I like the CEO's spoken word, there does seem to be some newfound urgency, a call to world experts to help assess difficulties, and an acknowledgment that the progress to date has been embarrassing.

Will it all come to fruition, yes I believe it will.

Acker

Jaglith

I agree.

By the way, I am not challenging your views, we know anything can happen with Prem.

Acker

Jaglith

So do you wish me to record this as your bet ?

That Canmax will shortly make a takeover proposition for Premier.

Acker

Jaglith

I think you are getting a little confused between what Canmax can do with Zulu and what Canmax can do with Premier,very much seperate entities.

Which road are you following ?

And option 3--any comments ?

Acker

Jaglith

Come on chap, Canmax, as per the agreement cannot take shares at a price below .32.end.

Are you aware of option 3 ?

Acker

Jenko

I'm pinning my hopes on the 3rd option mentioned by the

CEO during the "happy interview"

Option 1 pay the repayment on loan

Option 2 take shares at .32

Option 3 this is the option that I am pinning my flag on.

Acker

Jaglith

It's a gamble. Canmax may wave a magic wand.

Acker

SP recovery eating into early losses.

Buyers taking advantage of low SP

Acker

$1730--down 3.3%

Acker

One of the few blue in the portfolio, keep going.

Acker

Premier and Stark to part company before the year's end.

IMO

Acker

IMO

Goingtothemoon.

Don't understand your post.

Well aware that Prem will require funding, will it come from Canmax or shareholders that is the question.

Acker

I agree that the Goddard Shares and the possibility of a placement hang over the market.

We should be informed shortly about finances.

I hope Canmax will offer more cash.

Acker

$1789

Acker

I liked it.

I liked that everyone has been called to come and look at the set-up at Zulu, there is an urgency to get the matter sorted.

I liked the confirmation that Prem and Canmax are reading the same book.

They are drilling new ground at Zulu.

Was concerned that the new ball mill would not be put on the road until early January, have adjusted my production to late Q1/early Q2.

EPO region,very promising.

CEO is very positive about achieving grades, and good grades.

Finance--well this is down to Canmax.

Overall very pleased.

Acker