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Premier African Minerals and Kodal Minerals have been tipped as two of AIM’s foremost battery metals companies well-placed to supply lithium to the burgeoning electric vehicle manufacturing industry.

Indeed, their lithium assets are potentially world-class. Premier African Minerals’ Zulu lithium project contains 20.1Mt @ 1.06% Li2O & 51.05ppm Ta2O5 at a 0.5% Li2O cut-off.

Kodal Minerals’ Bougouni Project has a resource of 21.3Mt at 1.11% Li2O, with 11.6Mt at 1.13% Li2O in the Indicated category and 9.7Mt at 1.08% Li2O in the Inferred category

I'm aware Acker

However this was a newsfeed posted today

Posted as forwarding info, none other

Premier African Minerals wants to resolve its lithium supply dispute with China’s Canmax Technologies, the miner said on Friday, seeking to avert a lengthy legal battle that could disrupt operations.

On Wednesday, the Chinese company said it would terminate the deal after Premier missed a May 2023 deadline to start delivering spodumene concentrate, a raw material for lithium-ion batteries used in electric vehicles, citing a defect at its Zulu processing plant in Zimbabwe.

On sky news 20 minutes ago that we will need more than double the amount of copper we're producing right now

and mainly comining from Chile. Yes we do know that but are we finally waking up to the fact. Poised to take advantage. Get ready to do your stuff CB and make a re newed name for yourself.

Well as theprice dops to levels not seen in a long while, i shall continue to add a few more shares. Right now i sit on an average of .036p. Any upside will see me in the blue quite quickly. Let's go with the saying " in for a penny in for a pound". Affordabilty is a must when considering of course. Most transactions today are buys for sure 1.5p are all buys as mine appears as a sale.

Quote:

"Really, buying more when you know the price is dipping ? Serious !

I would not touch this until .5. Then use it as trade."

Now there's a motive if ever i saw one.

Sorry if already posted....

Premier African Minerals Ltd (AIM:PREM) has topped up its coffers with another £610,000 placing as it continues to work on optimising the pilot plant at its Zulu lithium and tantalum project in Zimbabwe.

Having completed a £1.76mln placing earlier this week, the company said it received further interest from City institutions and so issued the extra shares at the same issue price of 0.925p apiece.

One of those contributing was George Roach, the company’s chief executive, who participated in a subscription of £110,000, with his stake in the company now 7.1%.

The company said it has also today appointed CMC Markets PLC (LSE:CMCX), which carried out both fundraising rounds, as joint broker.

Roach said earlier this week that with mining operations progressing well and the Zulu plant now producing concentrate from both the spodumene and mica floatation circuits, optimisation work to achieve nameplate throughput is the chief focus at the site.

I'm almost praying for this to drop below 1.5 purely so that i can bring my average down further. I do think this will come good soon. Therefore happy to buy a few more at the right price

Yep could be the reason. That would make XTR quite an atractive at this point.

A hefty decline reaction considering only five silly transactions. Is there news to come that might not be in favour, i ask. Maybe lack of news might be the cause.

Just past the first minute CB states the figures are BEGINNING to look very impressive. That indicates or confirms to me that a lot more is expected. Nice podcast

Ignore that Andrew. Thought i was looking at another investment

Andrew i nevwr had an idea you were invested here. I decided to join in as looks quite promising. Might make a few quid erlier than over the water down under

My message a day or two ago mentions the the activity in the next few days might indicate what we might expect in the forthcoming report due out in the next few days. Sounds positive

Hi Howezap, you got me wondering where i got it from
I feel sure i heard it in one of the podcasts 3 or 4 weeks ago

To be brutally honest Andrew i really don't give a **** how it happens as long as it does and we all make a pretty packet. For me, i want to take a couple of years early retirement. CB make it happen please.

Thanks howezap but according to Sunday roast we are viable and are hung up on this 2mt as they suggest. If we need to drill four more holes to prove things up, then they should get on with it as there appears to be no plans to do so. Seems that we 're dying by 1million lashes not 1k . If this turns out to be positive then those topping up at every drop stage will be in line for a massive windfall. I still believe this will turn out to be a good story and am one of those that tread where eagles dare. Would just like to see a reprieve for once and wake up to a positive share move. This board was buzzing not so long ago and that was great to see. As i said we will probwble know a little more in the next week

I fail to understand how whetever i read the news headlines clearly indicate a big concern re copper shortage. The message is clear. Therefore surely CB has put it out there of the discovery in Australia. So why has no one bit the mans arm off. We know it's got to be viable with such a concern. It would be a bargain presently. Saving a fortune if copper price takes off anytime i might add. Further more he has decided to drill additional holes. Why i ask re his previous statements. Since the decision however, there has been no forward movement. I.e. where's the drill. Is it coming. Do we have funds or are we waiting for cash to come in. When is the planned commencement???
It's no wonder that our share is dropping day on day.
I guess we might understand a little more on the forthcoming report in the next few days. There could be a reflection from the share activity on what we migjt expect. So far, not good.

I make you right Andrew
Got a little excited to top up again

Strange it's now up