Member Info for ACKER

I must admit I do question a lot that CEO does.
You must remember Prem is operating in one of the worlds most corrupt countries,best policy to ask questions.
Glad all is well in your world,you read and believe it.
Just put me on filter

Acker

LIBS = XTR

Acker

Bickmaster I agree.

The LIBS system however accurate will not carry any commercial weight for JV partners,buyers or the AIMS market.
The shares may "blip" ,verified results is the key to open the door.
The most efficient way to use the LIBS is planning the drill programme.

Acker

Whatever the company put through the libs system,whatever results are published,whatever grades are given all figures ,reports and data can only be described as ESTIMATED.
It is not until "Labs Are Us" have done work and return samples as verified that,IMO, the market stand up and take notice.
Have made my thoughts known many times--still consider asset sold subject to several clauses.

Acker

Took it from 11th Oct when it was 0.24.

Not technically one month ,i'm sure you can follow the thread.

Acker

"We have submitted sample material from the first 5 bore holes to independent laboratories for definitive assay and will be using these results to specifically validate and calibrate our LIBS system which will facilitate a better turn-around as we progress. I do not have an indication of the time that the laboratory will require to process the 159 samples submitted but I will update as soon as I do."

Acker

Last month down 25%

https://www.jupitermines.com/tshipi-manganese/tshipi/manganese-price-information

Acker

You are all things Zimbabwe,who do you think will win the by elections and the general election.
Are you expecting the usual blood bath and corruption during the run up to the election.
Is it still your opinion that such political instability will not have any adverse effect on foreign investment.

Acker

Jayzaround--whereas I agree money can be made here I think you are being a little over overoptimistic,maybe somewhat naive in your posting.

Acker

MO--on top form .

Thank you.

Acker

No --I will stick with RNS next week.

Acker

Otjozondu Off-Take Partner

Otjozondu Mining (Proprietary) Limited ("Otjozondu") have issued their existing off-take partner with the required 90-days' notice, the contract will terminate on the 18 November 2021. Otjozondu remains in ongoing discussions with its existing off-taker on improved commercial terms including the required expansion capital to assist with existing mining operations.

Premier is equally in advanced discussions with other potential off-take partners to assist Otjozondu in securing the best possible financial terms from its future off-take partner.

Otjozondu Loan

On 3 June 2021, Premier provided a US$260,000 loan direct to Otjozondu for use at Otjozondu Manganese Mining Project in Namibia ("Initial Amount"). The secured loan with an interest rate of 20% per annum is repayable in US$25,000 instalments on each shipment of Manganese commencing from the beginning of September 2021.

Premier has now agreed to extend the existing loan by US$180,000 ("Extension Amount") thus increasing the total loan amount to US$440,000. Premier has further agreed that the repayment term of the Initial Amount will only commence on the first shipment of manganese following the signing of a new off-take agreement.

The parties have further agreed that the Extension Amount will be immediately repayable on the signing of the new offtake agreement from proceeds from the new off-take agreement.

RNS next week confirming details of new off take agreement
Repayment arrangements for the extended loan[100%]
First stage payment date on original loan
IMO company will take additional shares in MNH.

Zulu--expecting grades to return at c1.25%

Acker

The Chinese would say NO-- and that would be the end of it.

Is it "be nice to George month"

Acker

Also in a lot of hydrogen shares.
Have a look at Nel [OE4Q]

Acker

Should read--have not invested this week.....

Acker

Well it looks to me as if all the chest beating rampers from the Pandora group have NOT invested sizeable amounts of cash into Prem.
All bravado and bull.

Acker

Brilliant work.

Acker