Member Info for ACKER

Bickmaster-- points noted,at least we can be gentlemen over our different views.

Regards

Acker

Good morning all.

It may come as no surprise that I disagree with most of you regarding RHA and MNH.
Whereas the Zulu claim is the focus of attention I would be rather annoyed if CEO stopped working our other assets.
RHA may take sometime before any mining takes place,the whole mess needs clearing up.If the CEO can re-claim 100% ownership and turn RHA into a profitable mine he has my vote.Work at RHA must continue and this includes work now.
MNH--I was surprised that this was not mentioned in the interview.
I have always stated on here that i would be in agreement should Prem make an offer for the company.
Today's SP-always told to never buy/sell between 8.00 and 11.00am--let the market settle.

EPO put this one under your pillow;

IMO during the current financial year Prem will,following exploratory work, discover within the EPO region an area of exceptional lithium wealth.An area that will be much larger than the extended Zulu claim with good/very good grades.
Prem will have the finance and workforce to commercialise the cliam--it will be big.

Acker

RHA--go for it George.

Acker

Bick I am sure that when the assay results get published Roach will incorporate a progress report on the DFS.

In today's interview CEO commented that company was "well into DFS process..."

IMO we will be informed,and shortly.

Acker

It is well worth listening to the interview again;

I think George makes it very clear that 20,000 metres of drilling is NOT required for the purpose of the DFS
and
listen again to the excitement in his voice when talking about the EPO area and initial findings

Acker

M_Night--well,well,well.

I was just looking for the very same interview and for the very same reason.

Acker

IMO some good posts tonight.

Acker

put it this way... Zulu is the lithium baby--we have yet to find mommy and daddy .

Acker

Snowking--make no mistake--I don't want the asset given away,the offer would be very large indeed.

Just imagine what Prem could achieve in the EPO area with no cash restrictions and a knowledgeable workforce.

Acker

Furthermore--if the Chinese are involved it will be total Chinese control--just make them pay dearly.

Acker

Snowking--I see your point however I would not be disappointed if Prem sold 75% of Zulu.
It must be very difficult for the CEO to consider best options,one day he is telling us that Prem wants to be a producer,the next "Everything is for sale at the right price"
I really believe that once the Zulu claim is verified an offer will come across his desk that will make him spill his red wine.
At the end of the day it may come down to the shareholders to decide.

Acker

Johnny-RHA

As I see it

A[ Government transfers 51% to Prem

B] Prem agrees to waiver debt.

Acker

Snowking

Add

Initial results from exploratory work on EPO
Confirmation of the granting of new licences
Further information on our gold projects
Update on Circum[always a good one]
And maybe-new acquisitions.

Acker

Redtrade--"Snakes & Ladders"

Acker

Snowking--what an inspiring interview with Roach.
I have been trying to work out how big this can get--bloody silly money.
What a year this will be.
Regards

Acker

@AlertRNS--Hand up--yes I did post that Prem[IMO] had come to the DFS late and would miss the booming lithium prices.
I agree that I also commented that technology would find a more efficient powerpack for EV .
I still stand by my comments,after 2030 the rate of increase in lithium prices will ease.
However,one must always be flexible and take note of what is happening today.
I have posted many times the reason for change in attitude towards Prem,not going over it again and again.
If my posts annoy you just filter me.

Acker

kenny100-good post.

Acker

@AlertRNS Regarding your worry--i disagree.
CEO mentioned in the interview that the company has 40 odd claims with lithium potential all of which are outside the EPO area. I would like Prem to start work on exploring these claims ASAP.
The new boy along with the "suits" and "coats" can look after Zulu.
I want Prem out in the field hunting down the next Zulu

Acker

Shytetalk--please stop now,kenny has been posting on this BB for years.

Acker

Shareholder19--thank you.
It is worth remembering that the SP figure is attached only to the sale of the Zulu asset,$500m figure quoted could be underestimated.Now start adding other Prem assets to the equation and you can see the massive potential offered to shareholders.
The massive potential offered by EPO
The RHA mess finally sorted
MNH--no comment
Zulu--it may come good this year[it may not]

Acker