PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Thanks Acker....it does interest me. In this current environment I suspect EU will not want to be reliant on China especially for a number of key commodities. Especially so as many think we are likely to enter a commodity super cycle over the next year or so
Acker, it’s brilliant that EU has woken up to fact that Lithium is a critical commodity
Not sure in all reality that in less than 4 years there going to be self sufficient without a supply chain outside the EU? Where are all the European car makers gonna get their lithium. Not enough in Europe to go from flash to bang in 4 years,
There’s also a. geo political aspect to this in that African sources of supply may need to be bought up to deny the Chinese the resource.
Perfect storm over next couple of years is in coming in my opinion
Anyways this is irrelevant to Prem at the moment as share price / market cap so very very low that producing lithium isn’t priced in, in any way what so ever !
Interesting conclusion to the article posted by redordead .....sums up how I see things....
“Battery metal bulls have long argued that producers were failing to appreciate the scale of the coming demand wave for their products. Two years of low prices have only compounded the supply chain challenges.
We’re about to find out if they are right because, with Europe now joining China in the EV revolution, demand is only going to go one way.”
Obvs just an opinion but recent increases in lithium prices c60% suggests market agrees
I’ve got over 190m of these golden tickets at an average below 0.05 ....so whose the muppet lol ...... and there is billions and billions in sticky hands fella as per why the share price has had a nice little tickle up
“The Company will notify the market as and when the Company receives any official communication pertaining to the status of Zulu's EPO application”........to me that makes it sound like they’ve had unofficial communication that it’s in the bag.
Doesn’t read like a speeding ticket though as some have suggested!
Don’t Mis mis the opportunity.....obviously in my humble opinion
Friday nights spm rns said all Epos ...so they know epo is on
Prem has cash at the moment and looking for additional non dilutive funding
No significant headroom to raise anyway at the moment
And with the average you mentioned you obvs are still learning!
Apart from that your right lol
Oh that’s a great point loads more assets not just Zulu! We hold 5% of circum minerals from memory probably worth our market cap at the moment just that asset....great point starbuck911 Prem is more than just Zulu! Keep them coming.