Member Info for AlertRNS

Snowking,

Question is how high will it be as we enter production. Some incredible price predictions for spodumene for 2023

Cut and fill work progressing well - the team is managing to stay ahead of schedule.
First cut nearing completion

https://twitter.com/premafrimin/status/1585575539733037057?s=46&t=s_sHueHGIFMqiCp91Yd8iw

Exclusive: Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

https://www.reuters.com/technology/exclusive-automakers-double-spending-evs-batteries-12-trillion-by-2030-2022-10-21/

Acker,

I think we turned the corner today. Hoping for a strong end to the week. If the 5/10m seller has finished then we should move up nicely. Plenty of interest in prem and can only increase as we move closer to plant construction and production mid February.

Delayed 26m buy £107k just popped up

https://twitter.com/premafrimin/status/1585251402762305537?s=46&t=c7IUcrHcBcc5fv9PNCGGtg

Ceramic producers in China are starting to process lithium, as prices in the country hit new record highs

https://www.benchmarkminerals.com/membership/chinese-ceramic-producers-move-into-lithium-industry-as-prices-hit-new-highs/

Hi Profit,

I think many missed my point with this article. “rush for white gold” and “2028 production” didn’t make much sense. Europe has been asleep for 5 years and are now playing catch-up, if 2028 is the best they can do then they are in real trouble. If you think about all the car manufacturers in Europe all churning out EV’s

https://www.cnbc.com/2022/10/25/french-project-aims-to-supply-europe-with-lithium.html

Pilot Plant cut and fill work being done at the Pilot Plant site.

https://twitter.com/premafrimin/status/1584827358380449793?s=46&t=SwIIWSt83BUXNOow1nbH2Q

Pilbara Minerals boss Dale Henderson says his phone is switched to silent as a constant stream of car and battery makers try to secure supplies of lithium, and he doesn’t expect the calls to stop any time soon.

https://www.afr.com/companies/mining/lithium-boss-can-afford-to-put-buyers-on-hold-20221025-p5bsnj

https://twitter.com/premafrimin/status/1584545791573692416?s=46&t=PLATSdMOlouad_6c0bnouA

Snowking,

Indeed, I did like you a while back. Background noise now.

Exciting few months coming up. Lots of interest in prem on all platforms.

GLA

All in all a very good week. Some good (delayed) site media updates filtering though on twitter. Excellent interview by George also, the best I’ve seen.

Potentially Predominantly spodumene ore at Zulu. Looking forward to that last point being clarified. Very happy.

Good weekend all

https://twitter.com/premafrimin/status/1583430678804189185?s=46&t=1P35disv7BVuXFCVdQr1qQ

https://youtu.be/OMa9ymyayZA

Gemell,

Definitely, good info in there

Pilot plant site preparation underway

https://twitter.com/premafrimin/status/1583029263703281664?s=46&t=VXEOm7hpxlEFPUwmJsc4yg

“All indications point to the mineralisation being almost exclusively spodumene with little to no petalite and equally low contained micaceous mineralisation carrying any lithium”

Lithium is found in very low concentration in igneous rocks. The largest concentrations of lithium-containing minerals are found in granitic pegmatites. The most important of these minerals
are spodumene (Li2O, Al2O3. 4SiO2) and petalite (Li2O, Al2O3. 8SiO2). Spodumene has a theoretical Li2O content of
8.03%. Due to its high lithium content, spodumene is considered the most important lithium ore mineral. A typical run of mine ore can contain 1-2% Li2O, while a typical spodumene concentrate suitable for lithium carbonate production contains 6-7% Li2O (75% - 87% spodumene). Higher grade concentrates with 7.6% Li2O and low iron content are used in ceramics and more demanding industries.

Acker,

It sure is. I have been in Prem a very long time like many others. For the first time the share prices right now seems unimportant to me. I am more interested in the share price post February 15th and where we will be around that date and after payments.

Still some risks involved, we cannot deny that but with the price of Li6 as they are the risks decrease as we progress towards production, it’s really happening. The higher the Li6 price the more we de risk. Who can see a drop in demand or price? I can’t foresee that. Demand is nuts.

I am sure there will be small bumps as we progress but I feel confident we have the right people on the ground to smooth these out timely if or when they occur.

I have no issues with what I see. Soon we will start to see the moduler plant leaving SA, its journey to site and construction. Very interesting and exciting 4 months coming up.