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Snowking,

Quite incredible. I had noticed this when pilbara posted pre auction sale @ US$7,830/t

The scramble for Li6 gets better for prem shareholders almost day by day. Where will the prices be mid February, all being well when we’re in production ?

On target and on plan

https://twitter.com/premafrimin/status/1582726266796462080?s=46&t=Ymv0hW4yk3LZUJOBkI_rOQ

Watcher,

Could be, I thought he said shipment ? ie it wasn’t a problem if there was a small delay.

I see pilbara accepted a BMX pre-auction bid equating to a spodumene concentrate (SC6 CIF) price of US$7,830/DMT

All looking very good for prem share holders. Once prem pay off the pre purchase $32m we are free to sell on the open market the other 50% output of Zulu?

https://twitter.com/premafrimin/status/1582290388945342464?s=46&t=ZpLj1rfjZDamMR9aZYwNKw

In the meantime, while everyone is replying or talking about said poster… Today further progress has been made at Zulu. Another day closer to production. And we finished up at close which is always nice in current markets

Bick,

If you pause the drone footage right at the begging, take a screenshot and zoom in on that you can see the buildings also have a concrete slab floor. Not sure what those foundation photos posted were recently but they aren’t for those buildings in the footage.

Do you think the large poured slab is for the plant ? It’s mighty close to the accommodation buildings, if the plant is intended to be run 24/7 they won’t be getting much sleep.

Hi Johnnypc,

Agreed, I am happy to read both sides and other opinions even if they differ from my own, but Daz is ridiculous. I’ll be interested in his/her option post feb 15th production. I will make an exception and un-filter.

Great to see the drone footage of the building works today. Things are progressing well. I hope we see more footage soon of the plant at site being assembled and its journey to site from SA.

This is big for prem share holders, many doubted we would ever get to production. It’s happening, with any luck on time and on budget. Eagerly awaiting mid February for hot production.

Li again hitting new record highs at auction with pilbara.

Good weekend all

Some drone footage from Zulu. More if this please!

https://twitter.com/premafrimin/status/1580934381316685824?s=46&t=gaODBJtVsZyDF1qhCpJC3w

Hi Jenkoo,

I’ve had the below reply from Prem comms. I didn’t ask if it was ok to share the full reply, but I’ll say the recent photos of the buildings were taken a little while back and the building work is more advanced than we have seen so far. I’m not sure of the delay, I guess we will find out when we see future site media being tweeted.

“They are received, collated, and then sent to the various stakeholders for their approval and finally, internal approval and entered into the overall social media plan”

Jenkoo,

I agree, we are very far from that point now. However, I do not think we really know where we are. Prems comm’s are still vague, extremely. Which is why I suggested directly to the company that they do a commentated drive through of Zulu.

I don’t doubt the end goal or progress at all, but I don’t think we are getting the full story on where we actually are. This has been an ongoing problem since I invested in 2015. I have again contacted prem for clarification regarding my last post re the recent tweets. I really don’t understand why we are still playing the guessing game.

Jenko,

I’m confused by these tweets tbh, a few months back George in more than one interview stated twice that accommodation buildings were «already at roof height » So when were these photos taken?

Roman,

More importantly how much does it pay?

El-Gel,

Well yes that’s their name? They are shareholders of the largest battery company in the world. I don’t think they will stamp « Prem » on the cells just to appease you, but you could ask..

El-Gel,

Maybe “their” plan is to get the li to china ? You know into the batteries? Just a thought…

El-Gel

Great post.. it’s not a loan, it’s prepayment for product. This year to date prem is up +0.18 / (94.74%)

Acker,

I agree, there is noting to suggest we aren’t on time or budget here. The relationship with the investors is great (ps. Did you see the estimated profits for the first three quarters for Suzhou?)

Cosmonaut, you say “ We are obviously building something but the idea of looking at a low res image to track something GR is providing no info of timeline is fruitless.”

The timeline has been provided some time ago, in RNS & via twitter. As far as we know it’s on schedule / budget.

For those interested

https://twitter.com/upside20201/status/1579770745030578176?s=46&t=iqqs_mY3XXCUI8afLZ7lPA

https://twitter.com/upside20201/status/1579371906155040768?s=46&t=QESERzZk5HtM4myWACCEwQ