Interim Results RNS 30/0916 Nov 2019 09:57
Outlook
Prospects for RHA have improved but a return to production is expected to take more time than initially envisaged. Our views on Circum Minerals Limited ("Circum") have not changed and in fact, in my opinion, outlook may be stronger, particularly when the fundamentals of the project are viewed in the context of the present market conditions.
Zulu lithium is a large and high-quality asset and the current deposit is fundamentally sound, however the project requires the granting of the EPO to attract funding for the next phase of development.
The best prospects for Premier in my view, lie as noted above in any possible future approach from OM.