RE: Prem3 Nov 2023 10:16
Sharespy1
During 2023/2024 Zulu will achieve nameplate production, I expect this during Q1.
Thereafter Zulu will increase production, the plant does have capacity for nameplate + 25%
As the Zulu resource continues to expand the plant will be engineered to increase capacity and efficiency and during the year other processing will take place.
Q3/Q4 should see Prem in an excellent cash position, able to fund expansion in-house.
Please remember, that Zulu is the baby in the group.
Give Prem one/two years it will be capable of being debt-free, however, it may choose further Canmax funding to rapidly expand its other interests and even look at other assets outside Zimb.
Canmax is keen to stand with Premier.
Acker