RE: SP14 Oct 2019 10:34
PREM have a huge amount going on, had made massive progerss recently but mired by sentiment owing historic mistakes and issues. These are largely out to bed, enabling proper valuation of the company.
RHA, we have a mine and plant, where we have sunk over $20million. The Zim government are now bringing RHA to production, to the tune of c.$6million (yes, in RTGS), with the remaining $14million owed to us taken from profits until paid back, and then we move to the original arranegement of share of profits
Circum, we have £6million invested, for a 5% stake. Circum liquidity event news due before end of year, leading to a significant dvidend of between 0.05p and 0.10p. That's £5, 000 t0 £10, 000 back for every 10million shares held!!
Zulu EPO area 57 x bigger than Zulu as it currently stands; Zulu as it currently stands is on a par with Pilbara Minerals. The EPO area is 'excellent' and contain not only lithium but also gold. If assume comparable quality and density throughout areas as what has been fond at Zulu (see Scoping Study), then could 72million tonnes LCE from 6.8billion tonnes of ore. Area is 202km2!!
Zulu EPO JV to be announced Rumours about as to who it is, and we believe it is a global major. They will help fund to DFS.
MNH Deal, will bring a priducing mine on board, generating signficant revenue and profits, helping to fund DFS if required,
Current valuation is a mockery!