Prem30 Mar 2026 13:57
Excellent narrative from the MD:
At the same time, we remain acutely aware of the broader market backdrop. Geopolitical uncertainty, volatility in capital markets and the continued pressure on junior resource equities have all contributed to challenging funding conditions, often reflected in the discounts required to secure capital. Whilst these dynamics are not unique to Premier, they do influence market perception, often disproportionately to both the underlying progress being made on the ground and the value of projects.
Notwithstanding these external factors, the Board remains firmly of the view that the steps being taken, including this fundraise, represent the most responsible course of action to ensure operational continuity, advance the Xinhai flotation plant through commissioning, and position Zulu for stable production. We believe that delivering consistent, demonstrable operational performance is the most effective way to shift market perception and unlock more sustainable funding options going forward.
Our focus remains unchanged, to bring Zulu into steady-state production, establish a reliable and saleable spodumene concentrate, and in doing so, create a platform from which shareholder value can be rebuilt and grown".
Finger on the pulse.
Acker