Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Arcadia leads Zimbabwe’s mega mine projects
Zimbabwe’s foremost lithium mining venture, Arcadia Lithium Project, is expected to go into production within 18 months of financial closure agreements amid revelations a list of development finance institutions has already agreed to fund the project.
Prospect managing director Sam Hosack said in the Australia Securities Market listed junior miner’s annual statement released recently that the company had received massive support from Government, which has helped progress the project.
“a list of development finance institutions has already agreed to fund the project.”
“Massive support from government”
https://www.google.com/amp/s/africanminingmarket.com/arcadia-leads-zimbabwes-mega-mine-projects/4884/amp/
Story a few hours old. Chocks off!!!
Ps Splatted TBH mate I would rather you jump back in now rather than wait for a ‘possible’ low reentry price x
Mind boggling that you do not take your blatant deramping and crying somewhere else
Think your replies are like two own goals. Thanks for the giggle/s
*your
*advice
Bloody predictive text
Splatted you’re last piece of advise on the following post of yours and when the price was at 0.043. This negative post and did at LTH, but just 5 days ago!!
Did you miss the train, bless ya. Lol
Goodbye
splatted.
Posted in: PREM
Posts: 6,323
Price: 0.043
No Opinion
jesus guys!!04 Oct 2019 14:50
this is such easy money when private investors go into denial. i got out a while back around 0.56. i made some and lost some on it but it became obvious where it was going
in the billions. Muuuuhhiissssvvveee volume. SP held very well and is solid baseline for a tick up.
GLA LTH
£992, bless your little cotton socks. You will find those in the know and LTH, are invested heavily. Some into the many thousands of pounds.
So drop the obvious antics
Buzz you muppet, you could have paid that yesterday and less. Your words of fear have already clearly been dismissed. This is only going one way, as it has done.
Glad you’re in at 0.085, all the same
GLA LTH
Who would risk trading this tomorrow, you’ve got to have some BIG ******++ and some !’!
My graph says HOLD
GLA LTH
News drop imminent. But not a GR imminent this time !
Zim ministry and press meeting underway - sit tight
GLA LTH
Wow - could we see multiple press releases pertaining to 57 x current acreage EPO and before an official RNS. The mind ponders and wonders
On the riser board again !! and just hit 2 billion traded volume. Muuuuhhhhiisssive
Where is the NB when there is blow off moment !!
CF, your more explanatory post from yesterday. All DYOR, these facts are all there.
SP, Market Cap etc.Mon 14:37
I hear some folks say words to the effect of '...this has more legs'.
Even without ZULU EPO, these are crazy levels. Market cap of £6million or thereabouts right now. For that,
- RHA where we spent c.$20million to $25million, forming an acccount owable to PREM from ZIM, taken from profits until account settled. Where Zim have agreed to fund RHA to production, equivalent to USD$6million (Yes, in RTGS, but the issue is about getting RHA production and not about sitting USD$6million in hte bank). At one point, we were stting on a market cap of $3million when we had that XRT Sorter at RHA worth $1million on its own!
- Circum dividend, to come from Circum Liquidity event, c.0.05p to 0.10p (just take a look at current SP and compare - where will anyone find a dividend so comaprable to SP/Market Cap?!)
The combination of all that is way beyond current SP and market cap. Then we have,
- Zulu without EPO but with a Scoping Study (that showed a viable project, especially thinking about capital costs compared to elsewhere).
Now granted, the company had performed terribly and for a protracted period, leading to impairment of RHA and Zulu. This cannot be denied. However, the drop in SP to market caps of $3million was crazy. This said, it has provided folks with the craziest bargain on AIM right now. Those who've got the research behind them were piling knowing how the market cap was out of kilter with the fundamentals.
And then we have,
- Zulu with EPO; once confirmed in writing, it returns value for Zulu to the PREM books, but this time inclusive of EPO, with potential to be the largest hard rock lithium project in the world and a variety of options as to how to move it forward.
Turnaround is a long time coming and LTHs deserve this, especially having endured what they have, and for showing loyalty here, even if through gritted teeth.
As always DYORR! (And good luck to all the genuine folks here!)
I have no glue to what Chippy is saying, as the troll is on the filter from moons ago. Looks like partner in crime Acker will soon be joining the naughty step. All doom and gloom and yet, claim to be shareholders !!!
1.5 billion traded thus far and its only 11am. This volume is not your regular PI.
Well done to traders that bought more on the dip. Hats off to you.
GLA LTH
On the rise again into the afternoon /close
Many LTH like that Poly. It just highlights what the true value of this company really is, this up until GR went on a crusade of full ownership of RHA. RHA stopped nearly two years ago and is about to starting producing revenue, 100% revenue to PREM, may I add.
DYOR
GLA LTH
Agreed Jeremiah - surely with the acreage now allotted to Zulu, the Chinese must sniffing all over this.
bitter posters popping up having missed the orient express. Lol. Can’t believe that stoop so low, almost like ‘project fear’ all over again.
Sorry but your put