Member Info for ACKER

Gambiny--yes well aware of what an individual can do.
Try going to a building society and say that you are a registered day trader with HMRC and this is your business.
Now ask the building society to open an ISA so you can conduct your business transactions through that account, the society will refuse.
Have a read of Day Trading and Income Tax--a simple guide:

https://www.daytrading.com/taxes/uk

I shall bring this to an end now, people are getting confused about the matter at hand.

Avker

PB--yes you are correct.
I have, for a very rough guide, taken a figure of $4250 to aid my calculations.

Acker

Profit--when a person regularly buys and sells shares with the view to making a profit then HMRC can deem that the person is in business as a Share Trader and the resulting profits will be charged to Income Tax.
An investor's view is to make a gain, not a profit.
HMRC would override the exemption if a person is deemed to be trading stocks & shares and the ISA would be void.
This is not deemed to represent any financial advice or otherwise, an interpretation
It is a complicated issue.

Acker

CrapInvestor--your ISA does not cover share trading, The ISA only exempts "GAINS" not "Profits".
Not bothered, the ball is in your court.
You're only playing with pennies,good luck to you.

Acker

CrapInvestor--I do hope that you have registered your trading business with HMRC and reported your income.

Acker

A.B--agreed,just have to play the waiting game.

Still going for next Friday.

Acker

End of December 3P or more.

Acker

End of September.....2P

Acker

As I said..no later than this time next week.

Acker

Watching this with a great deal of interest.

Acker

Snowking- I will be pleasantly surprised if Zulu becomes operational today.
I'm looking at the back end of next week with the official opening next week-end.
So many exciting things in pipe line.
I'm pleased that CEO is keen to grow Premier,not just Zulu.
The company has endless potential for serious growth over the next 5 years.

Acker

DjfWatty--yes an important piece of information especially if you are a company wishing to put direct equity into a company like Premier.

Acker

Away from Zulu, it is interesting to note that Spring has energized the lithium market with talks of takeovers and the larger players vastly increasing production.

Acker

One of the chaps posted recently that the paperwork relates to the company having the authority to use certain chemicals at the plant, a contractor's error maybe.

Acker

All will be well,just have to look at the bigger picture and understand where this company is going.
A slight delay here, a hic-cup there is of no consequence.
Zulu is operating out of Zimbabwe,the company has.in my opinion,done extremely well to get so far,so quick.
The SP will get to 1P,then 2P and maybe this year 3P.
I do understand the frustration and I guess so does Mr. Roach.
It will happen.

Acker

Paul

Hope this helps you :

"What is SETS?
Stock Exchange Electronic Trading Service (SETS) is London Stock Exchange’s flagship electronic order book, trading FTSE 100, FTSE 250, FTSE Small Cap Index constituents, Exchange Traded Funds (ETFs) and Exchange Traded Products (ETPs), plus other liquid AIM, Irish and London Standard-listed securities. London Stock Exchange also operates a version of SETS on a modified trading cycle that supports securitised derivatives.

Functionally rich with multiple order types, SETS is one of the most liquid electronic order books in Europe. It is this liquidity, underpinned by a rigorous rulebook and market supervision, and a wide and diverse set of participants, that creates an opportunity to do business. Market participants can choose from three fully inter-operable competing clearers, ensuring pre- and post-trade anonymity and full counterparty risk protection."

Acker

jaguarflush

Well, the way it is going we may pass 1P when CEO confirms that all is OK at Zulu and production can start.
We may hit a small void period where profits are taken until confirmation of the first shipment, a small boost to say 1.10.
The investors will rejoice upon the first payment and value attained, say 1,25p
Steady progress throughout the remainder of the year.
Financial injections by 3rd parties will certainly help SP as will confirmation that output has been lifted and further spodumene reserves uncovered.
So much happening I don't know how it will all pan out.

Acker

Kenny6--it's usually BS from this particular poster.

Acker

Smiler888.

With the demise of the CGT personal exemption, there will be even more interest in opening a new ISA account.
Add to this the pivotal movement of Zulu into a producing mine, investors will want to ringfence the forthcoming swingeing gains.

Acker

Premier has been approached :

A] Open discussions about further offtake agreement
B] Open discussions about direct equity investment into Zulu
C] Open discussions about fully funded extensions and modifications to the existing plant.

Digest the benefits.

Acker