Member Info for ACKER

Xmas Greetings to you all.

Acker

I. Canmax having financial oversight for the monitoring and controlling of the operational financial activities of both Premier and Zulu Lithium including the final approval of all operational and trade creditor budgets for the utilisation of any funds raised until such time as the Prepayment Amount plus interest has been settled in full.

This was part of the amended agreement,01/04/2025, since that date, Canmax has been in charge of finances.

Acker

IMO the following passage extracted from the last RNS suggests the possibility of an amended creditors' deal being brokered,

" Communication between the parties remains open and ongoing and the Company believes that, subject to the financial position at Zulu Lithium, any movable property attached pursuant to the Writ may be recovered through the agreement and implementation of further payment arrangements with the Creditor."

Acker

Yet more positive movement, up another $30 to now stand at $1434.

More to come IMO.

Forget the Goddard problem,it will be sorted in-house .

Acker

John0206

Who is your Christmas message directed to?

Acker

The next RNS will be confirmation of the long stop movement.

An agreement with creditors

New on next cash call.

And ,maybe finance.

Acker

Whoever has to take the blame for the predicament, so be it. All i'm saying is that shareholders had the opportunity to save the company.

They decided to put the company in this very vulnerable position.

Acker

Just think,had the back stabbing shareholders supported the last raise all of this Goddard stuff would have been settled and the company would have been able to progress into production.

Still buying.

Acker

Another excellent result.

The price has increased by $26, now standing at $1,404.

Acker

It could reach my target of $1500 by the year's end.

A nice rise of 4.55% overnight.

Now standing at $1378,up 60.

Acker

Jag

Expecting news on the future funding.

Expecting news on the Canmax decision to move, or not move the long stop.

Expecting news about Canmax providing further investment in Zulu

Expecting news about the final results from the third-party audit. Update promised to shareholders upon completion of review and consultation process,the and once the key findings have been agreed upon between parties.

Acker

A very slight drop to $1318.

News soon

Acker

1326

Acker

Watching

Acker

There is a possibility that spod. the price could reach $1500 before the end of the year.

That would make Zulu viable.

Acker

On the risers board.

Acker

From an earlier RNS:

"Premier African Minerals Limited ("Premier" or the "Company") is pleased to confirm that following the Placing and Retail Offer as announced on the 16 January 2025, that Canmax Technologies Co., Ltd ("Canmax") without limitation to their rights under the restated Offtake and Prepayment Agreement as announced in August 2023 and further amended in December 2024 ("Agreement") have reaffirmed that their intention at this time is to work in alignment with Premier to ensure the completion of the commissioning and optimisation of both the primary flotation plant and secondary flotation plant to achieve the targeted grade and recovery at the Zulu Lithium and Tantalum Project ("Zulu").

Canmax have further confirmed that the basis of their prepayment under the Agreement is unchanged and remains for the delivery of SC6 and not the ownership and/or management of Zulu.

Have things changed?

Acker

Picked up some more today,feeling lucky.

Acker

Another week gone by and Prem has not been delisted

Acker

Now at 1220.

Acker