RE: Prem10 Apr 2023 12:22
SnowKing
29th March RNS as below, unless its changed
Premier has received a number of requests from other mining companies already well established in Zimbabwe to discuss our intentions in regard to the future of Zulu for either future offtake and/or direct equity investment into Zulu. At the same time, Premier is in discussions intended to see a quick increase in production and a broadening of the product base as the focus of production at the Zulu plant has only been the production of spodumene. This is likely to take the form of fully funded extensions and modifications to the existing plant. In that regard, I remind shareholders that the existing plant will only process approximately 60% of the ore feed through to the floatation circuits and the first upgrades will be targeted at increasing floatation capacity to increase concentrate production.