My goodness12 Apr 2023 23:00
Come on guys and girls what’s with all the complaining? I’ve never seen anything like it. Really.
A few years ago we were keeping the lights on with a SP of 0.004. We then ten bagged. A few months back we were struggling to hit and hold 0.5p we have since doubled, we hit the magic 1 penny! The plant is running and is being fine tuned by professionals to maximise output. Output this month of course will be lower than hoped yes but it’s output, we are a producer. We made history today and sit at around 1p.
Congratulations to Prem and us LTH’s who held through the dark days and loaded up while many were saying the company would go under.
The plant will be fine tuned now and plans for expansion for byproducts will already be in the making as will plant number two for additional offtakes.
We have drilling at EPO to look forward to, a RUS & DFS for ZULU due, 50% of output remaining for a second offtake deal, potential offers for ZULU or indeed form Prem as a whole entity.
Sit back and relax, watch what happens next and enjoy the ride.
I personally am 8 years into Prem, and cannot wait to start receiving buyout offers. Pat yourself on the back of you held faith in the assets and loaded while others were fearful.
GLA, it is surely going to be a very interesting and rewarding remainder of 2023