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And with the current lithium price ,and prem cash burn ,its now getting very close to zulu might end up a damp squib ,petrol and diesel cars are going to make to be around for a very long time ,Sweden Denmark and the UK have now moved the goal posts and stated that meeting the 2050 deadline for petrol and diesel cars is nearly out of the question , the rest of Europe will follow shortly is there a less demand for lithium, course there is ,
Just love this board ,prem havnt produced a wheelbarrow full of anything of any value george,is burning £500k per week ,its not going. To turn around overnight. Going to take months ,if it ever gets up and running
To deliver ,George will come back for more funding ,canmex will step in take zulu for buttons and lm pretty sure they have someone lined up to look after the mining side ,the reality ,prem have no mining experience, stark have no plant experience ,how could this possibly work
Actually Acker it isn’t since 2020, Financial Times research in 2015 showed that since the inception of AIM 72% of all companies listed have permanently decreased in value or delisted, and 30% of all investors invested in an AIM company for longer than 6 months lost at least 95% of their investment.
One additional small placing got to laugh ,George is burning £500k per week come the end Nov all funds will be gone ,and to me prem wont be far behind,just hoping at this stage canmex make a takeover bid ,be lucky to get .80 at this rate
Dont get to worried folks Acker has just arrived ,lm sure he will tell us all that by next March this will be 2p and by next Sept 5p or something along those lines ,you couldnt make it up ,ah well every circus needs a clown
Furthermore George told us over 12 months ago in London ,that the DFS was going to take a year and costs millions of £ ,he was getting into production ASAP ,hello,where are we now ,DFS could now be complete and if it was good or better investors would be queuing up ,maybe he didnt want at that time to ask shareholders for more money LOL he has done that anyway
So whats in the ground has no value then basically no one of the biggest oil field ever discovered lies at the bottom of the north sea ,its value is nil ,to get drilled and to market was just beyond the high risk value, similar to zulu ,we dont know about overspoil ,we dont know how deep ,we dont know how much ,maybe all not worth the efford ,so still a hugh gamble
Acker ,have you no shame ,yourself snowman and the 2p before last SEPT mob have traded /pumped this stock for more than 2 years ,any new investor looking at your post might get the wrong idea ,Prem is hanging on just its very disputable weather they survive beyond Nov l personally have my reservations