Member Info for ACKER

Clarification required on many points,issue the RNS

Acker

Jag

You obviously have much more information about the Zulu strategy than me.

Although the motions were passed it doesn't follow that there would be funds for the test.

We have yet to be informed of the financial outcome of EGM.

Not expecting much from the raise.

Acker

Snowking

I think I will await the official RNS covering this subject matter.

Your information has been found wanting of late.

Acker

Now stop it jag.You know jolly well that the mid November test run was only going to happen if the finance was in place,Hill made it very clear.

As the shareholders put two fingers up to the company the money was not there.

The halting of progress can be put at the shareholders door and your relentless bankruptcy propaganda.

Acker

Down to 1089

Acker

Yes of course,everyone's fault but yours.

Acker

Jag

Thank you for the information.

Regards

Acker

Jag

I missed the EGM comments.

I will reply following RNS confirming that zulu has been put into care and maintenance.

I want to see the timescale attached to funding expenditure and company MO

Will then gladly reply.

Acker

Jag

You know the first bet was deemed null and void as the meeting was postponed.

The current live bet,you placed your money on Premier filing for bankruptcy before the end of November.

My money was placed on survival

The loser agreed not to post for a calender month

Acker

A little surprised that the sp has not gone down to,say 5/6.

Supplementary news ?

Acker

Jag

Not long before you take a break from posting.

Acker

Raydaar

Your post on sp and dilution.

Tend to agree

Acker

e

Steward1

Imo finance will be expensive for shareholders, one maybe two more dilutions this year or early next.

Share value will return as progress is made.

Acker

I asked Ai for spodumene price April 26

"The anticipated price of 6.5% Li20 spodumene in April 2026 is projected to be around $1500 per tonne"

Acker

Jag

You know the answer,why ask the question.

Acker

Capital expenditure and expansion $1000000

Acker

Cost analysis

Running Zulu $2000000 per month

Creditors $1000000 old creditors

Settlement agreement $5000000

Capitalexpenditure

Grade min 6.5%

Spodumene $1500 per ton

Gross revenue per month $9000000

Total costs $8000000

Acker

My target for Q2

6000tons per month

Min

I am delighted with today's news.

There will be a shortfall in the budget, thisis for the company to sort out.

Yes,the share will be diluted but value will return as progress is made.

Have said all along,nameplate early Q2.

Canmax will now move long stop, this may encourage inward investment.

Important Glencore has not walked away.

Acker