Where I agree to some point your comments the EPO would drastically change the mining area granted to Zulu. It is the increase in scale which is astonishing. If Prem can couple the EPO with a JV to DFS then the SP would have considerable support. Should the EPO RNS arrive then I still see an uplift,however if thereafter there is a long silence on development investors many move money out of Prem until such time there is tangible progress. Ducks lining up... and all that.
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.
No problems here,USA will come good. Admit there maybe some pressure on UK sales as format is copied. Still,the company has done remarkable well over the years. Loyal investor from years ago.
chippy--if it was a matter of being popular you would be joining the current ramping set who,by the way, all bought great chunks of Prem when SP was on the floor. Now--is it time for another dilution ha! ha!
2857mal--yes we should thank Chippy for his contribution. He often looks at the larger picture and is not afraid to post the unpopular thoughts about Prem. IMO he is a "balanced" poster highlighting the good and poor sides of Prem business. The long term holders in Prem know he raises many very valid points. Long may he continue to post on BB
Added scale coupled with the quality of the deposit identified to date is likely to open the way to other partners to jointly share the funding costs for the planned definitive feasibility study ("DFS") as previously announced"
There is a vast difference between having secured a J V partner and "......is likely to open the way...." If the CEO had reported that J V talks are in an advanced stage then yes the BB may have grounds for a J V ramp. Let's get the EPO RNS --then move to JVs
OK. Just topped up. Have left plenty in the tank for when EPO gets rubber stamped. I’ll pay a little more then I guess, probably around 0.0525 but this has to move to 0.15 on news. GWEA.
This was your posting on 4th Oct--looks rather like an itinerary ha! ha! Comment all you like--not going to waste any more time with you.
Looks like "Ramping Fever" has taken over the BB--always happens. Took profits yesterday and now will watch for a while. Genuinely hope that some of my long time investor associates claw back some losses. This has been an excellent bull run on SP. GLA