Member Info for ACKER

IMO transformational news will drop soon.

Acker

Can someone please just clarify for me the area that falls within the Zulu DFS .
Is this the original ground ,ie pre EPO .
If this is so can someone please report what is currently happening on the EPO land.
Thank you
Acker

Hoping that CEO will confirm,as many posters have done so already,that the rigs are fully operational and the company has been extracting core samples for analysis.
Based upon poster information we should get RNS with results this week.

Acker

A very good report.

Acker

Mang price report:

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

Acker

Snowking--in answer to your question.

Sale of mined lithium--zero revenue

Zulu will be sold prior to commercialisation of assets

Acker

Snowking- my post was NOT any form of hit against the poster,it was just highlighting an example of what is expected and what actually happens.
It reinforces my opinion that a little commonsense is required with the ramping.
Many posters are thinking that this investment is a straight line to riches and you and ted do your best to fuel the lithium mania and untold riches coming to investors.
I can agree that there is some promise with Zulu,however it is very early days.
Investors of Prem have donned the rose tinted glasses on many occasions only to find an empty promise at the end of the day.
The SP should do well.

Acker

Just a little reminder to do your own research into Prem before making any investment decisions.
Certain posters enjoy a certain amount of credibility and are worshipped by the fodder however things do not always work out as predicted.
On of the cherished posters put this on the BB ;

tedoby

Posted in: PREM

Posts: 978

Price: 0.18

Strong Buy

RE: 0.25p today, 1.25p end of year15 Oct 2019 09:01
Agreed IQ. The events likely to have an impact on Prems SP in the next two to three months include but not exclusively:-

1) The deal with MNH. It's highly likely to happen now and it will undoubtedly be good for both parties. MNH’s mine is now producing positive cash flow and by Christmas MMH have told its shareholders it will be producing 200kt’s of concentrate at 35% grade Mn, The maths in this opportunity has it contributing to Prems SP by about 0.15p at that time.

2) The electrification and restart if RHA together with removing it's impairment. An event that almost certain to happen. The maths has this contribution again at least 0.15p to Prems SP.

3) Circums Corporate Action in an IPO situation or more likely an outright sale. We're told this is in she duke to happen this year.The maths has this contribution to about 0.10p to Prems SP.

4) Management restructuring. Difficult to say but it has to be worth 0.10p on Prems SP

5)Then there's a potential j.v.deal on Zulu and lifting the impairment too. With the right deal that could easily add bring a contribution of 0.30 to 0.40p to Prems SP on its announcement. The Government would have needed to know Prems plans to match their criteria.

In to begin with Prems SP were to be 0.20p say and we add all the constituent parts we get to Prems SP of 1.25p within a few months

Just be careful what you take on board,the world is moving fast in many directions and ALL bubbles burst.

Acker

Still waiting to read the terms and conditions of the granting of the EPO as promised by CEO.

Acker

By 1 January 2026, industrial batteries and electric-vehicle batteries shall have an electronic record, unique for each battery, to be identified through a unique identifier. The "battery passport" will register and provide to the public information about every battery model placed on the EU market.

Acker

adam2479--I take your point,it will be another 5 years before Zulu puts any lithium on the market.
At this time the EU will require battery passports for each unit .
Zulu will be sold by then

Acker

adam2479-- suggest a little more homework in particular the EU drive for "in house" lithium production and the massive investments into USA lithium production.
EV production may well be affected by mining in the Congo--this will effect lithium.
There is more to consider than drilling results from Zulu.

Acker

It will not be the countries who will care it will be import regulations and the consumer.

Acker

Don't dismiss the environmental issues attached to hard rock mining.
Prem lithium will need to travel half way around the world before it is put to use.
Please,do some research on the matter,it is of great concern in the EU.

Acker

adam2479--I cannot see that a swingeing investment by a US company into geothermal lithium extraction does,in anyway,help Prem.
The sharp rise in investment into geothermal lithium does not bode well for the traditional hard rock,environmentally damaging,"dirty" lithium mine proposed by Prem.
The environmental lobby is all over lithium production, it's carbon footprint and EOU implacations.

Acker

Looks like the Roach fan club is attracting a lot of new members.

IMO he will continue with his programme of shafting shareholders.

We shall see.

Acker

Lovely

Acker

An excellent agreement that works both ways.

This should excite the market.

Acker

IronRidge Resources Limited (AIM: IRR, "IronRidge" or the "Company") is pleased to announce that it has entered into a conditional binding agreement ("the Agreement") with Piedmont Lithium Inc. ("PLI" or "Piedmont"), a Nasdaq listed lithium exploration and development company, to fully fund and fast track the Ewoyaa Lithium Project ("Ewoyaa" or "the Project"), part of the Company's Ghanaian Cape Coast Lithium Portfolio ("CCLP"), to production.

Meanwhile the Prem CEO is excited to report that the base camp toilet facilities have been commissioned.

Acker

Snowking--if the price continues to rise than CEO will sell Zulu after the DFS results are published or there will be a corporate
re-organisation which could involve some kind of merger or takeover.
Remember CEO saying "Everything is for sale at the right price"
It is not so long ago that the CEO was willing to part with 40% of Zulu.

Regards

Acker