Member Info for ACKER

Snowking--this is what the RNS states:
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.

Now you are saying that the submitted 159 results will be back at Prem within next week.

Am i reading this correct.

Acker

Snowking--surely George could have listed the findings and added--"subject to verification"
We are aware that the lab is a quick fix--why not tell us the results ?

Acker

Snowking--are we at crossed lines here--I am referring to the parcels being sent to Germany for verification.

Acker

From the RNS it does appear that Prem has not ruled out further direct funding.

" Premier continues to consider all alternatives and options that may add value and accelerate development of the project including further direct funding. "

Will someone please pass this on to the guys who posted in capitals about no more placements.

Acker

The verified ones will take many weeks.

Acker

Walls have ears ha! ha!

Acker

Must confess to being rather disappointed this week.
I really did think that the company would go that extra mile to compensate shareholders after the barcarole of the last RNS .
I was expecting results for at least 5 holes with an average not lower than 1.25 and a summary of other events.
One day Rodney.

Acker

Good old George may surprise everyone and negotiate the deal of the century.
The market is ridiculous and he has the asset;he is holding all the cards --can he pull it off.?????
Having held Prem for many years nothing would surprise me.

Acker

Gents--on top of this i do find it difficult to believe that the forthcoming wet season will not have an adverse affect on progress.
The DFS will run over.
The DFS will exceed budget.

Acker

Edgy007--I could provide a list of promised "updates" that have never materialised.

It is just one of things that comes with being a Prem shareholder.

Acker

I cannot find any comments from Roach where he has said that an RNS would be issued.

Acker

Could Prem:

Grant an "Option to buy" at Zulu

Take a deposit from purchaser and agree final price after DFS

Acker

Wolf--well aware of the share price,confidence and market sentiment.
Think we will just have to differ on this one.
As i said,yes give Zulu first run however keep working on other assets.

Acker

Wolf,I take it from your last post,and the 12 followers,that you would like the company to terminate discussions with the government over the collection of $20million,the distribution of shares and end talks with others about restarting production at RHA.Are you OK with the company still paying for security,general maintenance and power.
Prem is in detailed discussions at MNH regarding off take agreements,this has a time limit being 8th November-you want company to walk away.
What about the EPO that everyone craved,it has only been granted for 3 years,do you wish to mothball all exploratory work over the EPO.You were jumping up and down about gold not so long ago.
Do you wish to halt progress at the other lithium site,stop pursuing the licences.
As you can imagine,i totally disagree with you and your followers.Zulu should have priority however all the other work must continue.

Acker

Major Oak--excellent research--thank you.

Acker

Who are the other interested parties.

Acker

Will put evens on the Chinese getting Zulu
They may also want the REE.

Acker

Acquisitions and Mergers

https://financialpost.com/commodities/mining/lithiums-record-prices-wont-deter-flurry-of-deals

As the report states:

Just the start

Acker

Rare Earth

Currently the country according to President Emmerson Dambudzo Mnangagwa lacks the know-how and resources of extracting these minerals, however, with the world rushing towards Electric Vehicles and strengthening militaries, the country will definitely attract foreign investment in mining and processing these minerals.

Premier African Minerals, which is listed on the Alternative Investment Market of the London Stock Exchange is reportedly prospecting for rare-earth elements in Matabeleland North, near the Zambian border.

The 17 rare-earth elements are cerium (Ce), dysprosium (Dy), erbium (Er), europium (Eu), gadolinium (Gd), holmium (Ho), lanthanum (La), lutetium (Lu), neodymium (Nd), praseodymium (Pr), promethium (Pm), samarium (Sm), scandium (Sc), terbium (Tb), thulium (Tm), ytterbium (Yb), and yttrium (Y).

This article first appeared in the December 2020 issue of Mining Zimbabwe Magazine

Acker

Snowking--just to underpin your earlier post:

https://www.electrive.com/2021/09/30/catl-acquires-mineral-resources-company-millennial-lithium/

Looks like the Chines are moving,and fast

Acker