Prem11 Mar 2026 16:25
Today’s RNS is the clearest sign yet that the new administration is finally putting its stamp on Premier. After months of inherited issues and operational drag, this leadership team is now acting with purpose, discipline, and a laser‑focus on getting Zulu into stable, commercial production.
🔹 A decisive break from the old way of doing things
The days of drift and delay are over. The new administration has stepped in, stabilised the situation, and is now directing capital exactly where it matters:
• Commissioning the Xinhai flotation plant
• Maintaining operational momentum at Zulu
• Clearing essential creditors to keep the project moving
This is targeted, operationally aligned funding — not the scattergun approach of the past.
🔹 Funding that protects momentum, not patches holes
The raise is small, strategic, and directly tied to the final push on the flotation plant. It ensures that installation and commissioning continue without interruption. That’s a major shift: the project is no longer stalling every time cash tightens.
The new administration is clearly prioritising execution over excuses.
🔹 A more disciplined approach to dilution
The entire raise was completed within existing authorities. No EGM. No expanded dilution mandate. No drama.
This is exactly the kind of financial discipline shareholders have been demanding — and it’s a hallmark of a leadership team that understands market expectations.
🔹 Cleaning up the inherited mess
Settling £100k of supplier invoices in shares is a smart, pragmatic move. It clears legacy liabilities, protects cash, and keeps contractors aligned with the project’s success.
This is what a reset looks like: clearing the decks so Zulu can move forward cleanly.
🔹 A new tone from management — confident, controlled, and grounded in progress
Graham Hill’s comments reflect a leadership team that is no longer talking in hypotheticals. The language is about momentum, advancement, and moving toward stable operations.
This is the voice of a team that has taken control of the project and is now driving it forward.
🔷 The Market Narrative Is Changing
For the first time in a long time, Premier looks like a company with:
• A leadership team that is actually in control
• A clear operational priority
• Funding aligned with that priority
• A commissioning process that is now protected and progressing
The new administration is making its mark — and Zulu is finally being positioned for the commercial output that transforms sentiment and valuation.
Well done Hill,keep up the good work
Acker