Member Info for ACKER

I think it is safe to say we can now wave goodbye to the puppets. Credibility has been shot big time.

Acker

GangsterPugs

Think of a price---then double it.

Acker

Snowking

Memories lol

Acker

There is certainly some momentum.

Spodumene Concentrate 6% Li2O Index CIF China

SMM-Li-SC-001

USD/tonne

Collect

2,870

+24

(+0.84%)

Bring on $3000.

Acker

Pleased with today,absorbed some reasonable sells whilst the price was progressing.

IMO a good day tomorrow.

Acker

Asher7

Yes, we know.

Acker

Asher 7

Yes, I agree; however, if you are looking at serious % gains, then this will occur during Q3 and Q4.

A lot of investors are waiting for confirmation that the plant will reach nameplate and grade; they cite the history of Prem, the catalogue of errors and poor management.

When Zulu can attract these investors, and finance is not such a diluting factor, then we can attend the oyster party.

Acker

Asher7

Q3 and Q4

Acker

We should break the $3000 barrier this week.

Potential revenue from sales is now getting interesting.

Acker

Yes Snowking, quite remarkable.

Acker

,

Based on excellent news dropping this week, Tuesday, Wednesday and shareholder confidence absorbing a Friday placement.

27.5

Acker

Acker

RNS 17/04

"Zimbabwe Lithium Export Suspension"

The Company notes recent developments in Zimbabwe's lithium export policy, following the Zimbabwe Government's decision in February 2026 to suspend exports of lithium concentrates and other raw minerals in order to promote in-country beneficiation and address regulatory concerns as announced on the 2 March 2026.

Subsequent industry engagement and regulatory clarification indicate that exports are expected to resume under a controlled framework, with approvals and quotas being granted to qualifying producers that meet specified criteria, including compliance with local processing and regulatory requirements.

Premier welcomes this pragmatic approach, which supports the continued development of Zimbabwe's lithium sector while recognising the importance of enabling established producers to export concentrate under defined conditions. The Company continues to engage constructively with the relevant authorities and remains focused on aligning its operations with the evolving regulatory framework.

Acker

Hasiba

I still have the utmost respect for Mr Hill .

Acker

Hasiba

Sorry chap, I disagree.

Upon reflection, I don't think that Zulu will achieve nameplate during June.

Any investor is looking for reliable production and grade, and while I do feel this is within Zulu's grasp, I am putting my calculations back by a few months.

I am also questioning whether we actually need a white knight. Do we really want to give away part of Zulu?

Surely it is better to support Zulu by fundraising than to let a corporate body take the cream and leave shareholders with crumbs.

We will get there and hopefully remain independent.

Acker

SprintRS

There’s a lot of sense in what you’re saying. Commissioning and optimisation are iterative processes, and nobody should expect the plant to jump straight to 4,000t/month the moment the circuits are switched on. You’re right that commissioning involves repeated runs, testing, adjustments and re‑runs until the plant is stable and producing consistent grades. That part is absolutely fair.

Where I’d add a bit of balance is on the timeline. The steps you’ve listed don’t always happen in a strict, linear sequence. In practice, production, stockpiling, trucking and even early shipping can overlap. PREM doesn’t need to be at full optimisation before producing saleable concentrate, and partial loads can be shipped before the plant is running at nameplate. So while June at 4,000t is optimistic, it doesn’t automatically follow that nothing meaningful happens until late 2026 or early 2027.

The company itself has guided that commissioning and optimisation complete during Q2, with commercial production following. That suggests a phased ramp‑up rather than a long period of inactivity. Cash flow will remain tight until output and revenue converge — I’ve said before that August/September is the realistic pinch point — but that’s different from assuming a seven‑month gap with zero income.

Acker

SprintRS

Do you know, chap, I tend to agree with you.

Acker

SprintRS

In your opinion, and assuming all goes according to plan, when do you expect nameplate production?

Acker

Snowking

Does Zulu really need the white knight finance with spodumene at such a bullish price and anticipated to go even higher?

How much would you be prepared to "give away" to the investor?

Shareholders very rarely benefit from corporate intervention

Acker

I believe the next RNS will confirm further progress at the plant so much so that the entire plant has been tested.

The EPO ground has been drained, allowing access to prime quality ore.

The local mining contractor has been appointed.

The "simplified" plant is showing great potential, and management is confident of nameplate production during Q2

Costs of production have been slashed.

Hill is satisfied with all aspects of the mine,no delays to report.

Increasing production levels and tweaking the grade will be prioritised.

Acker

Bluechipbroker/Snowking

Well done guys

Acker