Member Info for ACKER

happyhols--any news back from company regarding drilling rigs etc.

Acker

Assay RNS due soon,should make interesting reading along with progress report on construction and finance.
Further spodumene findings would help the progress of sp.
We could get to mid 50s by COP Friday,that would be remarkable.
Good to see some new blood on the BB your input is welcome.
All going rather well.

Acker

Hello 51.

Well done.

Acker

Don't get carried away just yet.
50 will stick for a while,it may take all this week to move firmly away.
A lot of shares were granted at this price,directors,contractors and consultants--many millions.
We will move and continue to progress,may just take a little longer than today.

Acker

4542Alex--yes

Acker

Levs--the guy has made a good investment,he is in safe hands.
You should buy some.

Acker

Welcome to the mad house.
You will do well .

Acker

Scotty--we are all well aware that the SP can and will fluctuate,what is important is the trend.
Prem has seen its SP rise by 171% over the past year and all indications lead to further strong growth for the remainer of this year and swingeing growth during 2023.

Acker

kspine--Don't worry about it it will be fine.

Acker

Aimisaluagh--many factors to consider when putting a price on production.
I would rather look at the price of SP upon receipt of first payment
Look at the price when debt is cleared
What is the market price of spodumene and what price have we agreed to sell
What price at commencement of production and price when company ramps up output.
What price if an offer is made
What price if more lithium discovered in EPO area

1.25--3.25

Acker

These notes may help:

Premier African Minerals plans lithium shipments to China by March 2023
Reuters

Summary

Companies

Suzhou TA&A takes equity, invests $35 mln in pilot plant
First shipment to China expected by March 2023
48,000 T spodumene concentrate annual output projected
Chinese battery minerals giants flock to Zimbabwe

July 11 (Reuters) - Premier African Minerals , will start shipping spodumene concentrate from its Zulu lithium mine in Zimbabwe to China by March 2023 after signing an offtake deal with Suzhou TA&A Ultra Clean Technology Co (300390.SZ), chief executive George Roach told Reuters.

Zimbabwe holds some of the world's biggest hard-rock lithium deposits and Suzhou joins a growing list of Chinese firms that have invested in the southern African country's battery minerals projects, including Zhejiang Huayou Cobalt (603799.SS) and Sinomine Resource Group (002738.SZ).
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Roach said Suzhou is injecting $35 million for the construction of a high capacity pilot plant at Zulu, output from which would be nearly 50,000 tonnes of spodumene concentrate annually.
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Construction can start immediately thanks to the funding, Roach said, with an aim to ship by March 31 2023 and ramp up production to around 48,000 tonnes of spodumene concentrate 6 a year.
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In March, Suzhou became a 13.38% shareholder in Premier through a private placement in which it injected 12 million pounds ($14.37 million) into the company, securing spodumene concentrate supply for Yibin Tianyi, China's leading lithium chemicals producer, which Suzhou jointly owns with CATL, the world's largest electric vehicle battery maker.

The prices of lithium minerals, key components in the manufacture of electric batteries, have soared in recent months, thanks to growing demand for clean energy sources, and Zimbabwe, starved of investment for more than two decades, hopes its lithium resources will recharge its moribund economy.

Happyhols--any reply to your email ??

Acker

Redandy59--IMO both parties want the lithium out of the ground and sold ASAP.
During recent interviews Mr Roach has stated on more than one occasion that his working relationship with our investor is comfortable.
It does appear to be working well.

Acker

Very pleased with today's results.
The share price came under attack from some reasonable size sell yet despite this there was sufficient momentum to make steady progress.
Expecting that the sp reaches 50 tomorrow and maybe a tad higher,the test will be at COP.

Acker

harry--have been watching this share since your recommendation.
I am impressed

Acker

Brickie-I also tend to agree with your post.
50 will,IMO ,be a tough nut to crack however momentum is on our side.

Acker

For some strange reason Prem usually does well on a Friday.

Acker

Alert--thank you for the excellent link.
Bloody marvelous .
Well done Mr Roach and your team .

Acker

Snowking--this may make you smile:

Pilbara Mineral.

Total SP gain------3823.08%
Last 6 months----92.45%

Acker

Expectations for November:
RNS-assay results
Confirmation of plant delivery at site
Provisional RUS details
Drilling update with the possibility of further lithium rich spodumene
Budget update
George intimated during last interview that it may be possible to release provisional figures for Zulu.
Busy month

Good luck everyone.

Acker