Member Info for ACKER

This is what they sold:

https://www.prospectresources.com.au/sites/default/files/asx-announcements/61055160.pdf

How will Zulu compare ??

Acker

Some interesting points in this article which maybe mirrored by Prem in time.

https://stockhead.com.au/resources/done-deal-prospect-resources-sells-87-interest-in-zimbabwe-arcadia-lithium-project/

Acker

As stated previously,IMO all will be cleared this week.

Acker

Given the right conditions the SP will fly.

Snakes and Ladders at the moment

The assay results,be they good,will be the first of many trigger points.

Acker

Snowking--yes I agree,if the disposal rate continues i envisage that by COP on Friday all shares will have been placed onto the AIMS market.
Have differed my RNS until Friday 21st Jan at 3.27pm

Acker

Bickmaster.
I hear what you say.
Have done a lot of research into supply and demand, have mentioned many times in the past about bursting bubbles and supply and demand,it will happen. Supply will increase,the world is looking for lithium and there will be a time when output starts to match,in part,demand.
However all papers suggest that this meeting of supply and demand will not happen for another 5 -10 years,2030 seems a common year on this topic
EV take up is another factor,will the pace slowdown or increase.
The world is moving very fast,who really knows the outcome.
You maybe right

Regards

Acker

Snowking

Thank you for information.

So when comparing Zulu "potential" with Arcadia Prem leads the way.
Zulu is expected to be a larger concern than Arcadia
Zulu will further benefit from advancing prices
Zulu will be on the market right in the thick of the M&A 's

So what price ??

Very interesting

Acker

Snowking--your the man for lithium prices,can you help on this;

When the Arcadia was sold what was the lithium price.
From the latest info you have,what is the current price
Any posted predictions for 12 months down the line

Thanks

Acker

Bickmaster84

Over time we have agreed about the commercial contribution of LIBS.
I continue to agree with you,get rid of the system and outsource all assay testing etc..
I get the comparison with Arcadia however where does one factor in the weekly swingeing increase in mineral price.
Surely we have an indexed rise in line with surging lithium prices.

Regards

Acker

IMO the most important part of getting back the assay results is "verification"
Assuming that the results are average,good, very good or exceptional then it will be the first time CEO can negotiate with confidence.
Interested parties will be very keen to assess the figures.

Acker

@ AlertRNS--be a good chap and stop the playground postings

Thank you

Acker

I agree with the comments that suggest that CEO would like the placing shares cleared before any further news notices.
It was reported that the SA assay labs had re-opened before Xmas .CEO has on more than one occasion said that the labs are aware of the importance of the results and that all parties are working at pace to expedite test results.
Prem has more than 800 samples with the labs,there is a fair chance that this time we will get a comprehensive RNS based upon numerous test results.
I am looking for:
A report based on a large sample of assay results
Enlarged strike area
Good/very good grades
Confirmation that lab results will now flow freely and updates will be regular
Up date on interested parties.

Maybe defer my RNS to next Friday,not this one.

Acker

550 million.
Current transactions show a desire to admit the shares at quite a pace,many millions have been "placed" today.
If this rate continues all 550 million will have been admitted by the end of this week rather than next week.
As for the consequences on the SP,it does of course increase the pool of shares trading on AIMS

Pb yes it is a large transaction and most welcome.
According to my peers,this is not a sell or a buy but a record of the amount of Monacor shares "placed" on the AIMS market and for what price.
Monacor had the authority to start admitting shares to trading on AIMS as from 21/12/2021.in total shares held equalled 550

At this rate all the placing shares will have been processed by the end of next week.

Acker

Dazed--this is what I thought,Monecor selling the placing shares-500m

Is it that simple ?

Acker

I take it this has to do with the placing shares and Monecor.
In my mind --if not a sell or a buy--what is it ??
Are we expecting 500m black type transactions.
IF " unknown" how does it affect the SP ?

Sorry if i'm being a little slow on this--cannot get my head around it at the moment

Acker

So what happened between 8.00am and the following 15minutes.
3 transactions in black type,a running total ???
Acker

Shyetalk--thank you for taking the trouble to reply-- still in the dark.

Acker

Snowking--still not quite understanding the transactions in black type.
Any chance of an idiots guide to what is happening and any idea how long it will continue.
Offer is open to any investor with "the knowledge"

Thank you

Acker