Member Info for ACKER

Steward/Snowking.

Putting my money on the Chinese.
IMO one of the larger companies already has a strategy for African lithium.
Zulu is involved.
I envisage at least a further two lithium strikes on EPO ground,each being considerably greater than Zulu.
The Chines deal will include finance for DFS,infrastructure and mines--yes plural mines.
The company objective will be to feed a newly constructed lithium processing plant in Zimbabwe.
Yes chaps--exciting times ahead

Acker

Someone has the cheque book out this morning.

Acker

If the assay office have yet to release the results how can this be the fault of Mr Roach

Acker

Vetta--can you put up a couple of research papers backing what you say

Thanks

Vetta--can you put up a couple of research papers backing what you say

Thanks

Vetta--I can fill the BB with papers backing up my posts.
Will you be so kind as to post research papers suggesting that the commercial world has secured sufficient lithium supply
And papers confirming that commercialisation of a lithium battery replacement will be available within the following 12/18 months.

Acker

Vetta

It maybe worth researching the dramatic uptake in EV vehicles so far this year and the countless articles on the lithium "deficit" that is expected over the coming years.
Also,an increasing factor is the environmental issues surrounding lithium mining,pressure groups objecting to the mining of lithium..this curtails future supply.
And the bulls are clashing over geopolitics.
It will be a hedonistic couple of years in the M & A market,Prem will do very,very well

Acker

Vetta--I have undertaken hours of research into the question of "Supply & Demand" and alternatives to the lithium battery.

Rest assured Prem will commercialise Zulu and the other lithium strikes.

I agree that progress will be made and supply will gradually start matching demand,however not really before 2030.

Should you read my earlier posts you will note that I have covered the contents of your 12.33

Everyone is aware---every bubble bursts.

Acker

Welshy--Do you really believe your statement;

"but seriously we are no further along than when we had the London meeting (except COO - who I believe is not here for Zulu)"

This is why I replied.

Acker.

A useful little earner:

https://www.metalary.com/tantalum-price/

Acker

Welshy--Get a grip and hang on in there.
Why the rush?
As Mr Roach said in a podcast when the assay results are returned there is still many hours of work to do before any RNS can be issued. He also reported that a tremendous amount of DFS work has been undertaken on the "non sexy" stuff.
He remarked that there is a clear path to the completion of the DFS
Companies have sent delegations across to study Zulu core samples and undertake D.D
Roach has been approached by many,many companies all want a slice of the action,talks continue.
CEO has stated that he is no rush to seal any J V agreement,he said he will wait and see what arrives.
Expertise has been added to the Prem team.
Geo boys are happy with what is coming out of the ground and it certainly looks like Zulu will be extended.

It will all come together-

Acker

The Chinese have gone crazy for the EV.

https://www.autocar.co.uk/car-news/business-dealership%2C-sales-and-marketing/stock-take-china-ev-sales-rise-dramatically

And there is a lot of 'em

Acker

Wolf --many reasons,not all as a consequence of Mr Roach's actions.
I list just a few:
The considerable price increase in lithium,makes Premier a different animal.
Mergers & Acquisitions-- a possible take over target
The overwhelming confidence in the purchase of EVs
A change in attitude in Mr Roach,found myself agreeing with his comments about Zulu.
Re assessed Premier,liked what I found.
My view--money will be made here.

Acker

Thank you

Acker

Analysts have now begun updating their forecasts on the assumption that market tightness is likely to persist well into 2022 and the rally could have further to run.
Related Article
Australia is the world’s biggest producer of lithium, one of the key ingredients in electric car batteries.
Mining
The rush for ‘white gold’: How electric cars are driving new Australian lithium mines

“Sector fundamentals remain strong with spot spodumene prices set to increase significantly this quarter and contract prices still playing catch-up,” said Bank of America analyst Jack Gabb, who predicts one-off spot prices could rise as high as $US3900 a tonne at Pilbara Minerals’ next auction.

It continues about price increases.

Acker

https://www.smh.com.au/business/companies/lithium-squeeze-to-drive-higher-prices-as-ev-sales-hit-fast-lane-20220109-p59

Try this

tps://www.smh.com.au/business/companies/lithium-squeeze-to-drive-higher-prices-as-ev-sales-hit-fast-lane-20220109-p59muk.htm

Good balanced article

Acker

Welshy69---Tis only my estimate---could be way off the mark .

Acker

$15m is JV only

Would prefer Prem not to enter into a take off agreement until well after the DFS

Hoping that 80% of Zulu can be sold.

Acker

Jay--agreed--very cheap.
A lot of water has gone under the bridge since then
Good job you haven't read the previous RNS when Prem nearly gave away 30% for $5m with a 10% option.
My estimate--$15m for 5%--based upon ever increasing prices Q1 &Q2

Acker