Member Info for ACKER

Anyone got any idea what Vetta is posting about ?

Acker

There is one section in the last interview which I took on board when mentioning the prediction of 1p by end of April.

When Mr Roach was talking about worldwide M & A activity he gently mentioned current talks about Zulu and in one sentence said "Don't know how much longer we can resist..."

I find that statement extremely encouraging,early new ???

Acker

Jake--it is another company on the list;

From Bloomberg

"Rio Tinto Group agreed to buy a lithium mine in Argentina for $825 million as the world’s second-biggest miner accelerates its push into battery materials.

The top mining companies are increasingly looking to expand into so-called future facing commodities, such as lithium, copper and even fertilizers, as investors and governments increase pressure on more polluting materials that have long been the most profitable.

Rio said Tuesday that it will buy the Rincon asset in Argentina from private equity buyers. The lithium brine project is in the so-called lithium triangle in South America, home to many of the best lithium deposits. Major automakers from Tesla Inc. to Volkswagen AG need an ever-growing supply of battery materials to accelerate the rollout of electric vehicles. "

More the merrier

Acker

I agree with the previous poster who suggested that a Chinese buyer would find it difficult to rub shoulders with Mr Roach over the running of Zulu.
-My play on the situation,hopefully the company will attract serious offers from many interested parties,this will ,I hope result in a bidding war.
We could have a situation where the same company could put in two bids,one bid for a JV and a separate bid for outright purchase.
I would like George to sell outright the Zulu claim, OR retain 25% for future posterity
Use disposal funds to explore the potential of the EPO area and proceed to commercialise viable findings.
To hunt down other revenue streams which would benefit company.
Mr Roach to stay at the helm during this hedonistic year then take a consultancy roll from 2023.
Ensure that Prem always has a strong cash balance.

Getting excited

Acker

https://www.bbc.co.uk/news/world-europe-59849898

Just for information--hydrogen.

Acker

Wishing everyone a happy ,healthy and prosperous 2022

Regards

Acker

M-Night--are you of the opinion that a large order is being filled ?

Acker

Fri, 12th Mar 2021 09:41

RNS Number : 0888S
Premier African Minerals Limited
12 March 2021

It maybe worth having another read of this RNS ,it should give you comfort as the year ends.
IMO the EPO potential is extremely exciting,Zulu could just be the start.
Acker

Would like to see 0.20 before COP.

Acker

Example on "Non Zulu"

Prem gold project;

George Roach, Chief Executive of Premier commented, "This remains an early stage exploration and no resource conclusions may be drawn at this time. The tenement area remains small, but applications are in process to expand the area on anticipated strike. The detection of gold in many samples taken and the specific location of the higher-grade samples is encouraging and supports our plans to expand exploration in this jurisdiction. Worth noting are the elevated grades of silver in all samples and the potential commercial significance of this in any future mine development.

At the same time, Premier has proceeded with other prospecting applications in other areas in the Nampula province of Mozambique where active artisanal mining is taking place and is evaluating further similar areas of activity remote from this existing tenement but in the same administrative district of Zambezi Province. There is good reason to expect that Mozambique is likely to be one of the gold exploration districts Premier is expanding into as we mitigate historic country risk.

Bring it on George

Acker

EPO

RNS extract:

"The target generation technique uses a density estimation method and the higher the density values, the higher the probability of mineralisation. The known Zulu deposit and the targets of potential interest are clearly identified in the image, adding to the Premier's expectation that there is much more to come from the EPO region."

Yes please

Acker

Should we get results in January and become a target for a "bidding war" the possibilities are endless.
I have one duck that will not fall into line therefore Prem still on an amber light rather than green.
I am expecting the greatest Sp increases in January and April and will still stand by my 1p prediction for 30/April.
Exploratory results on EPO ground is currently floating my boat.
Good luck all

Acker

Snowking--have the same feeling

Acker

Should be a good 2022.

Acker

M-Night-- IMO a smattering of very large buyers,150m plus, would go a long way to endorse the change in sentiment and confidence In Prem.
I am sure it will happen,and soon.

Acker

I think Mr Roach is in a good place--and my god does he know it.

He appears relaxed and confident.

So different from the old George.

Yes I think in time Prem can give Pilbara a run ,however I am looking forward to the exploratory results of the EPO region and ,at last, having the finance to commercialise findings without recourse to shareholders.

Acker

In recent months there has been much comparison between Prem and Pilbara Minerals.
Should the comparison be adopted by the commercial investors then i envisage further block purchases similar to today.
As an example I list below a schedule of Pilbara investors and would suggest that in the near future this example will be mirrored at Prem.
Top 20 Shareholders

Information as at 30 November 2021
Rank Top 20 Investors Number of Shares % Issued Capital
1. J P MORGAN NOMINEES AUSTRALIA PTY LIMITED 483,628,315 16.26%
2. HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 476,684,370 16.02%
3. CITICORP NOMINEES PTY LIMITED 266,017,329 8.94%
4. CONTEMPORARY AMPEREX TECHNOLOGY (HONG KONG) 207,456,142 6.97%
5. NATIONAL NOMINEES LIMITED 93,189,240 3.13%
6. GFL INTERNATIONAL CO LTD 87,882,802 2.95%
7. GFL INTERNATIONAL CO LTD 84,802,169 2.85%
8. POS-LT PTY LTD 82,065,000 2.76%
9. BNP PARIBAS NOMS PTY LTD 56,996,414 1.92%
10. BNP PARIBAS NOMINEES PTY LTD 41,629,181 1.40%
11. BNP PARIBAS NOMINEES PTY LTD 31,664,255 1.06%
12. BNP PARIBAS NOMINEES PTY LTD 22,652,854 0.76%
13. BNP PARIBAS NOMINEES PTY LTD 16,580,789 0.56%
14. BNP PARIBAS NOMINEES PTY LTD 11,400,000 0.38%
15. HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 10,681,050 0.36%
16. HAVELOCK MINING INVESTMENT LTD 10,472,890 0.35%
17. HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 9,542,356 0.32%
18. HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 8,013,533 0.27%
19. MERRILL LYNCH (AUSTRALIA) NOMINEES PTY LIMITED 7,592,154 0.26%
20. CITICORP NOMINEES PTY LIMITED 6,536,256 0.22%

Acker

From my papers--this is a recommended read :

https://qz.com/2087345/chinas-lithium-mining-battery-firms-are-in-an-investment-frenzy/

Acker

From a recent publication;

Lithium merger frenzy for 2022

"A rush of lithium mergers and acquisitions is on the horizon for 2022 after more than $8.3bn worth of deals were cut this year."

Happy New Year folks

Acker

Very pleased with today's performance.

And so it starts.

Acker