Member Info for adam2479

That’s not quite true Acker - if we are produced near nameplate recoveries. Whilst we may be able to produce high grade, this is about getting the balance right between grade and recovery so the aim of this exercise is not to see what the highest grade we can achieve is, but it would be nice to know, but I doubt we will push for the highest grade here with no regard for the recovery.

No bitterness in me, I’m a happy man.

For your info’s I don’t post every trade on here, I spent most of my time in a Prem WhatsApp group and a little time on TG, so whilst you may have read through my previous messages, you have only seen a couple of my buys. Honestly, I don’t remember them, but I may well have day traded those.

I wasn’t happy a good few months ago, I admit, but like I said, I have taken advantage of the 0.012p which was available for quite some time - I guess you didn’t get in then?

I do feel bad and sorry for those who couldn’t average down/buy at the lows and are locked in at a higher price.

Raydar - I really, really don’t understand why you continue to post here, and so often, when you’re not invested? Please explain to the group - is it because you want a low entry, or is it you that is bitter (and burnt)?

I do apologise Raydar, that was an autocorrect. I’m very happy with my investment thanks. Averaged down very heavily. I do regret not selling as many as I could have at the highs, but I’ve made up for that buying at the lows of 0.012p. Happy days!

Are you 100% sure that some, or all of the Enprotec staff aren’t already on site Raaytard?

Raydaar - yes the sorters will need replacing at some point, but that won’t mean we can’t get into commercial production and prove the plant can produce. We all know about the sorters. Very easy to change at some point in the future. Thanks for reminding us though.

I think you’ve missed your low entry point if that is the reason for your posts? You should have got in at 0.012p like I did.

If you don’t want to buy in, I guess you’re just lonely and want to interact with people? Happy to suggest some apps for that if you’d like?

I’ve got to agree with IrisPickles. George has been sticking to what she’s said recently, and he said Monday at the latest. I would imagine the team is as big, if not bigger than those that were previously on site. Hopefully he will RNS this to quieten some of these doubters/non shareholders.

As far as I’m concerned this is just tweaking now. I expect they’re looking at primarily tweaking the mill to improve particle size distribution. I feel a lot more confident than ever.

We are technically further and closer than we have ever been to producing high grade SC6 (I expect at least a grade of 5.8% based on one his last interviews). It’s a shame we have been diluted heavily in the meantime.

In my opinion, this does at least 3x over a week if prem announce grade and recovery near nameplate.

Take your positions and watch your holing value triple.

10:1, already confirmed

Acker: “Taking a punt for another after-hours RNS today.”

One day you might get it right if you keep saying it each day

PREM is finally delivering. SC5+ concentrate is coming out of the plant, and the latest RNS confirms stable production and progress where it matters. The constant deramping from Acker and the rest has been proven wrong time and again - they said the plant would never run, said we’d never see spec-grade product, said the company was finished. Now they’re hoping for sub 0.12 entries that just aren’t coming. That boat has sailed.

The current price is the new floor, and with consistent output and more updates due, this is the start of the rerate. If you’re still listening to the doomers, you’ll miss the run.

@Acker - your comment regarding a talc layer on top? It’s clear to see if you zoom in there is no talc layer - it looks very clean actually. You must really, really want a better entry price based on your recent posts? I guess you missed filling your wheelbarrow at 0.012p like a lot of us did? Did you think it would go a lot lower back then?

You really think Canmax want the proceeds of these shares at this price. They have taken the shares so they can take the maximum offtake once we produce

It will open at 0.0282p tomorrow

Is it too late for the sell off that Acker promised us this afternoon? :D

@WilliamPrice : “ LTHs will never see anywhere near 1p. With all the dilution rhe company at 1p would be worth more than Tesla let alone Glencore.”

^^ this is rubbish I’m afraid. 1p would give a valuation of £700m. Far lower than Tesla or Glencore - so I think you have your maths wrong. Very possible if things go to plan, but not in the short term I doubt.

I think Acker wants to buy. But not at these levels, so commenting everything he can to try and effect it. He will say he is waiting on the next placing, but the next placing may well be at a much higher price.

You will know when Acker has bought because he will be bugging up the share to get his 10-20%. Those who have been here for many years will know this pattern.

I’m happy with people trading as they like, so good luck to all. Recent prem news (glencore, graham hill, George stepping down, etc) shows light at the end of the tunnel and a renewed confidence!

Sorry Raaydaar, I understand what you are asking now. The reference George is referring to is from the RNS of 13th March 2024, where it states: “Recently produced concentrates are adversely affe cted by the pH issues, however spodumene concentrate floated in the main plant on 12 March is now a t SC6 grade.”

RNS: https://www.lse.co.uk/rns/PREM/zulu-lithium-plant-and-general-update-ak11h6gshxn6w3v.html

Raaydaar, I’m not sure how you are missing it. It’s clearly stated in the link to the RNS. Not sure what else I can provide. Not getting into conversations about the other parts of the RNS. I agree that other things he’s said have been very optimistic, not sure anyone can disagree with that, but the fundamentals of the plant are there, and it’s known that we can produce SC6. We just need to do it consistently. All there in black and white

Raaydaar,

https://www.lse.co.uk/rns/PREM/zulu-lithium-plant-update-voesc4vme0y1s24.html

Raaydaar,

As per the RNS of 1 August 2024, PREM stated the following:

“As previously announced, the plant has already produced a spodumene concentrate at 6.2% Li2O, effectively better than SC6.”

As I stated before, the issue isn’t about the grade, it is about consistent production at this quality.

I’m not worried. This is not an uncommon problem, it just requires funds. I’m confident inserts and reagent dosing changes will get us to 1-2000t per month, or more and the additional float will take us to over 4000t.

In my opinion, a lot of upside from here.

Ray, I will find it. I’m not sure whether it was verbal or not, but they have produced sc6 in differing quantities. Regarding sc4, it was confirmed on friday it’s not worth selling on its own so it will be sold as an add on with future SC6 shipment. There are buyers willing to take it but not worth it on its own.