Member Info for AlertRNS

Wolf,

I just read this. Looks like completion by end of 2025.

Slated for completion by the end of 2025, the integrated industrial park will comprise $1bn nickel-sulphate plant, a $500m nickel-chromium alloy smelter, and a $450m lithium-salt plant, Eagle International said in documents seen by the publication.

15:36:12 0.395 12,000,000 Buy* 47.40k

Acker,

End of year or end of financial year ? You have said both today, which one you sticking with ?

Snowking,

Glencore looking to trade lithium on soaring EV demand

https://www.reuters.com/markets/europe/glencore-looking-trade-lithium-soaring-ev-demand-sources-2022-09-16/

Acker,

The more article that are released highlighting demand and lack of supply moving forward the better things look for prem. It really is perfect timing.

Considering world events I think prem is holding very nicely. The safe haven perhaps.

I’d be surprised if we don’t close around .4 or above by Friday, let’s see, I’ve been surprise before..

Micheal,

“A weaker pound can also lead to a rise in the FTSE 100 Index because around 70% of FTSE 100 company revenues come from overseas. A large proportion of that revenue is denominated in US dollars. When the pound falls in value, those dollar earnings buy more pounds when exchanged back into sterling, making those revenues more valuable”

European Commission Statement Brussels, 14 Sep 2022 “Lithium and rare earths will soon be more important than oil and gas. Our demand for rare earths alone will increase fivefold by 2030

https://ec.europa.eu/commission/presscorner/detail/en/STATEMENT_22_5523

https://finance.yahoo.com/news/lithium-supply-ev-targets-miner-181513161.html?guccounter=2&guce_referrer=aHR0cHM6Ly93d3cudGVzbGFyYXRpLmNvbS8&guce_referrer_sig=AQAAALVl818gvgbZBQgFfCi8sYEo1sJi_6MjL9IuWX_OWRSDUJuNb6skegPfv88PAeBREOl6tzJjZVSrTDNXuMtBZYN4Yvrmwe1xwluWNslPhlczvD1_gxYOr6a4Xy_blUF0ClTVnUvHhOdE774fhIoNIZdNnpPHte-N2kWqb3EM_H7v

Progress,

There was (what looks to be like) a delayed sell of £85k. Some tiny trades going through at .39, plus spread of 5.5% so it’s all over the place

I thought there Wes something wrong with my calcs!

Snowking,

10 mt indicated would be a good starting point.

Am I correct in thinking 10 mt x $5,000 ? Because those are some mind boggling numbers if that’s correct!

https://twitter.com/mining_zimbabwe/status/1572104199130976257?s=46&t=gOHaKmyEmLgvnQ45cqdDvw

Shiny,

10% up since august auction is fantastic.

Pilbara Minerals got 22 offers during 30-minute auction window

The winner will pay nearly 10% more than last sale in August

Pilbara Minerals Ltd. said a buyer will pay the equivalent of $7,708 a ton for spodumene concentrate -- a partly-processed form of lithium -- delivered to China. The sale of the 5,000-ton cargo on Tuesday compares with a top bid of $7,012 at the last auction on the miner’s Battery Material Exchange in early August.

Pilbara’s auction price of $7,708/dmt is very encouraging!

Good to see some volume again, and a good tick up in SP

Jenkoo,

Looks like the drilling at Zulu is completed then. So we’re pending any outstanding results from labs. Once they are received the RUS will be with us

Roman,

This is very true. Let’s not forget though that there are containers near site with some of the plant in, it’s been there for a while, not complete but some of it is there already and ready to go when the site is ready. By the time the site is ready (November?) the rest will likely be also in containers close to site ready to be commissioned.

There’s many things happening in the background we don’t know about. But that’s prem unfortunately. It’s better than it was but still poor on communications.

Shiny, Roman,

I’ve not always seen eye to eye with some on here re predictions, I try not to make predictions, or at least post them. It is easy to get distracted by these.

What I do think is we as shareholder are in a very good place compared to the last few years. Prem were scratching around for money not that long ago. Look at the dilution that occurred as a result.

Now we have an investor with very deep pockets willing to fund us to production (and likely much more) a fully funded plant in the making and an offtake for 50%. It could be worse and was for many years. Onwards and upwards.

Things are looking fine for prem and it’s shareholders, I’m happy to see how we go leading up to production and where we end up when the payments start hitting prems bank account.

In the meantime anything could happen.

Bick,

You don’t think prem will pay dividends at some point ?