Member Info for Craignews

Translated with Google - 2025 is a key breakthrough year for the company's new energy business, from 0 to 1, and the integrated industrial chain of "own high-quality mines + high-quality advanced processing production lines" will be operating efficiently .

The Malibuguni lithium mine completed its infrastructure construction in January 2025, producing 45,000 tons of lithium concentrate throughout the year . The first batch of 30,000 tons of lithium concentrate arrived at Yangpu Port in Hainan in January 2026, becoming the first new energy mineral to be declared and imported with "zero tariffs" after the Hainan Free Trade Port was officially closed , fully enjoying the policy dividends of the Free Trade Port.

According to the latest reserve assessment, Buguni lithium mine spodumene resourcesNew

15.47 million tons, an increase of 48.5% .To provide sufficient resources to support continuous large-scale production.

Premier African Minerals Limited ("Premier" or the "Company") is pleased to provide the following corporate update in respect of the Zulu Lithium and Tantalum Project ("Zulu").

Graham Hill, Managing Director, commented, "I am extremely pleased to report that following a short delay from the timetable previously announced and after several weeks of planning and mobilisation we now expect the new spodumene flotation plant to arrive on site on Tuesday, 3 March. The specialist installation engineer from the manufacturer is expected to arrive on site on today. The Zulu team stands ready to begin assembly of the plant, as soon as it arrives, on the foundations already constructed with commissioning and optimisation alongside other specialists from the manufacturer scheduled for Q2 2026.

In the meantime, and in response to certain recent announcements by the Ministry of Mines and Mining Development ("Ministry") regarding the suspension of lithium concentrate and raw mineral exports with immediate effect, we are maintaining dialogue with the Ministry and remain aligned with Zimbabwe's beneficiation objectives, having previously presented our value addition roadmap for Zulu. This suspension is understood to target specific issues, and we do not consider that it will create and problems for future production from Zulu."

Flotation Plant Delivery and Installation

Further to the announcement on 11 February 2026 concerning the procurement, installation and commissioning contract for the 15-20 tonnes per hour spodumene flotation circuit, the Company is now expecting that the complete flotation plant is expected to be delivered at Zulu on or around Tuesday, 3 March 2026. An installation engineer from Xinhai Technology Processing is scheduled to arrive at Zulu today. The Company will confirm when the plant has arrived and notwithstanding that will update Shareholders at the Annual General Meeting this coming Wednesday. This spodumene flotation circuit will replace the previous spodumene flotation circuit with the balance of the processing plant, ahead of the spodumene flotation circuit being retained.

Additional materials for construction of access walkways, electrical cables, etc. is being separately purchased by Zulu as part of the plan and will be delivered during the course of the assembly of the new plant. The Company continues to target commissioning of the new flotation circuit during Q2 2026.

Zimbabwe Lithium Export Suspension

The Company notes the recent announcement by the Ministry regarding the suspension of lithium concentrate and raw mineral exports with immediate effect.

Premier confirms that it is fully aware of the recent regulatory development and remains in open dialogue with the Ministry in respect of the suspension and the framework for future product shipments from Zulu following commissioning of the flotation plant.

Badomen, considering they will be getting around $1700 per tonne for the grade and weight, do the maths, it will be in the 30 million plus range

Full payment of US$27.25 million for first spodumene concentrate shipment of 28,735 dry metric tonnes ("DMT") received by KMUK's operating subsidiary, Les Mines de Lithium de Bougouni SA, ("LMLB") following arrival of the vessel in Hainan, China.

· Realised shipment price was US$989.50 per tonne Cost Insurance and Freight ("CIF"), equivalent to US$1,148 per tonne CIF for spodumene concentrate at a grade of 6% Li2O ("SC6").

· Second shipment of 20,000 tonnes of spodumene concentrate is currently being loaded at the Port of San Pedro, Côte D'Ivoire, and the initial payment of 95% of the value of the cargo is expected following departure from the port in line with the offtake agreement with Hainan Mining Co. Limited ("Hainan").

As stated, quarterly update on all matters will be provided in April - Why impatient people are whining about non-existant, and non-due RNS is beyond me

Back up we go, blue finish coming

You won't see an offer till after the JORC update

Peel Hunt’s role is not hype or funding — it’s credibility, access, and controlled re-pricing as Kodal transitions into a recognised lithium producer.

Peel Hunt

Role: Institutional credibility & access

Peel is best at: UK long-only funds, Mid-cap resource investors, Mandated institutional capital, Running proper re-ratings, not punts

They matter when: a company becomes a producer, needs to be taken seriously and wants stable shareholders

Peel is about: “Can institutions own this?”

Canaccord Genuity

Role: Liquidity, mining expertise, deal execution

What Canaccord brings:, Strong natural resources desk, Global mining investor reach

Experience with: placings, offtakes, project financing

They matter when: capital might be needed, mining specialists are involved, and transactions need to be executed cleanly

Canaccord is about: “How do we transact in size?”

SP Angel

Role: Sector knowledge & continuity

What SP Angel provides: Deep lithium / mining coverage, Long corporate memory of Kodal, Consistent research voice, Retail + specialist crossover audience

They matter when:, explaining the technical mining story, maintaining narrative continuity, bridging retail ↔ specialist investors

SP Angel is about: “Explain the asset properly.”

SP Angel explains the mine, Canaccord moves the money, and Peel Hunt brings the institutions — together they turn Kodal from a trade into a holdable producer.

And has no clue who Peel are, and what they bring to the table :-)

A touch conservative Painless, come April, this will be more like 1.9p

0.53

0.03 (6.00%)

Open a second bag while you're at it :-)

0.515

0.015 (3.00%)

Eat a bag of dicks egg flipper :-)

07:56 JBER 3,000,000 0.48

07:30 PEEL 3,000,000 0.48

07:57 WINS 3,000,000 0.47

07:38 SCAP 3,000,000 0.46

07:56 SING 3,000,000 0.46

07:51 CANA 3,000,000 0.45

07:58 MREX 3,000,000 0.45

07:58 INV. 3,000,000 0.44

8 Depth

0.5 3,000,000 MREX 07:58

0.51 3,000,000 SCAP 07:38

0.51 3,000,000 SING 07:56

0.52 3,000,000 CANA 07:51

0.52 3,000,000 INV. 07:58

0.52 3,000,000 WINS 07:57

0.53 3,000,000 JBER 07:56

0.53 3,000,000 PEEL 07:30

Looking at the L2 live pricing, no resistance at 0.50, so going up today

I'm going 0.54 by end of today - 0.62 by end of week

Nettles, AI does assist to articulate opinion - That said, AI has less artificial intelligence than some posters on here, who's intelligence is completely artificial :-)

Yes — within reason. As long as the price stays above 0.46p on a closing basis, the recent action says the story is working, even if the share price goes up or down day-to-day, nothing goes up in a straight line, minor red days above 46 indicates support and a new floor prior to full re-rate in late April

Scenario 1 — Opens at or above 0.50p (most bullish)

What you’ll see

Early prints at 0.50

Bid appears at 0.49–0.50

Ask thins or refreshes but gets taken

What it means

Friday’s auction acceptance is being confirmed

0.50 is transitioning from resistance → floor

Scenario 2 — Opens 0.48–0.49p, then retests 0.50 (still very healthy)

What you’ll see

Quiet or slightly soft open

Buyers step in quickly

Re-test of 0.50 within the session

What it means

Remaining supply at 0.50 is being worked

Accumulation continues

Early dip to ~0.46–0.47, then bounce (acceptable reset)

What you’ll see

One push down early

No follow-through selling

Bid firms quickly

What it means

Last profit-takers exiting

Structure still intact

why would an rns today go a long way? if they did i would be concerned - they have already told us when the next update will be (april), and every quarter after that. by that point, the february and april shipments will be loaded and gone, with revenue from both shipments received.

i would expect that update will include words such as smooth logistics, 2 shipments gone with revenue received, nameplate production achieved, plant running smoothly and as expected, and some costs associated so the forum *** packet calculation experts can come up with 2 plus 2 equals fish

it will also include production rate, how many tonnes produced a month, upgrade of grades achieved, and some more update on stage 2 dms, such as engagement of design consultants etc.

just sit back, be patient, and enjoy watching the investment grow steadily and re-rate over the coming months

I'm basing this on 49% holding