Prem28 Dec 2021 18:06
I disagree with Vetta,IMO the rise to 1p will be achieved by the end of April .
It is well worth remembering that many have described the Zulu asset as one of the largest hard rock,low capital projects in the world,who would not want to take some of the action.
Yes the Chinese economy is currently having a little wobble but we are talking lithium,as Snowking reports,there is no doubt about lithium demand and swingeing weekly price increases.
However don't just look at Zulu in isolation,the company has literally hundreds of acres of virgin ground to explore--just consider the possibilities .
Prem has a worthwhile "bank" of sort after minerals with more to come--add a little gold here and there .
Don't discount the CEO's thirst to acquire further companies,this is one of Prem's MO
Have been holding here for some considerable time,the " Achilles Heel" for Prem has been a shortage of development funding,removing this hurdle will grant company so much more flexibility in many directions.
It will be snakes and ladders ,there are a lot of share options at 0.50 and profit taking will be the norm however 1p by the end of April and suggest further rises in the pipe-line
Acker