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Snowking, I think at this point in time making any predictions are really a bit pointless. I think any good news regarding successful commissioning and first production of the the large pilot mine will be a huge pivot point for many Prem investors looking to invest more and certainly for new investors in Prem.
The market and the share price will react accordingly followed by further increases once first delivery of Spodumene has been confirmed. There will be lots of money waiting on the sidelines waiting for a successful commissioning of the plant.
We all know how quickly the Prem share can move, imagine the positivity with the market once we are getting paid millions for our product each month and the plant is in full swing.
Then perhaps we might start to hear rumours of a Zulu sale.
It will get extremely interesting once we reach these pivot points, who knows where the share price will end up, no predictions from me, apart from it will be far higher !!!
Gla

Seems to me that people are guessing and surmising. Let’s see what happens in the next 2 or 3 weeks. Surely that is not long after some of us have waited years lol.
Production in Q1 will do me absolutely fine.
GLA

Snowking, yes all looking good and on target for commissioning and production in this quarter, it will be great to be getting revenues in the millions every month from the large pilot mine.
I will expect a lot more news once we get into production, ie a second plant, processing of other minerals, upgrade of plant, Zulu buyout or even Prem takeover bid.
There will be plenty of money ready to come into Prem, especially once we have news of production, grades and revenue.
There will also be money coming over from Kod on the spike last week, as the share price falls back.
A very interesting and exciting few weeks ahead.
Gla

Gemell, plenty of time if you want to take a further position in Kod in the next few months.
It will fall back on the spike while Prem will be making large profits once we begin production.
Gla

Yes, nice to see another Lithium company finally get its financial backing, even if they had to give half of the project away to finance the deal, unlike Prem who still own 100% of Zulu and its EPO area (57 times the size of Zulu remember!)
Also Zimbabwe is a far safer jurisdiction than war torn Mali, add to that, Kod still have to finalise a mining license and also they need to complete the finance, so plenty of risk there.
They hope to be producing in 12 months but given the dynamics of the project then maybe 18 months- 2 years would be more appropriate.
I think we will see plenty of money coming over to Prem on the Kod spike as well, seeing as we are only weeks away from production, so a nice positive for us.
But I wish good luck to all holders in both companies, something that the spiteful and bitter Daz would not dream of saying…..a very sad and malicious man.
We are all here to make money and our time is near GLA

Pilot plant completion-February and commissioning Feb.
So all very much on track.
Currently drilling, and DFS in progress, so it looks like they are still compiling the DFS but the total emphasis is to get the large pilot mine in to production ASAP.
Looking good at present and to think we are only a couple of weeks away from entering February.
GLA

I wonder if Zulu or even Prem as a whole will be part of his Chinese empire sometime soon …..!
Gla

Iky, 1p would value Prem at around 220 million. Any offer for just Zulu and not the Epo area would have to be at least double that imo. It all depends if you think the share price will not go above 1p once we go into production.
Any hint of a takeover or offer for Zulu will send the share price well above 1p.
We are on the cusp of being the first Aim producer of Lithium, with massive profits and potentially a bigger mine or a takeover at anytime in the future.
I for one will be holding way past 1p, the rewards and potential can be staggering.
The Zulu project seems to be going at full steam. Great photos and a multi billionaire on site with Gr. Read into what you will, but things are looking fantastic for Prem and it’s shareholders.
A very exciting period awaits us, Prem are a totally different animal than in years gone by.
GLA

Good afternoon gents, as a very long term holder I can echo some of your thoughts. To think I was once buying at over 2 pence a share a few years ago.
I have since managed to average down and now hold millions of shares and I am very much in profit.
I have absolutely no intention selling any shares till Zulu or Prem is sold or they realise there huge potential.
I believe that 2023 offers the perfect storm to realise our potential, it is all coming together very nicely. Once we are producing anyone invested in Prem will have a very profitable year.
A very exciting period and one which I am very immensely looking forward to see where we will be in only a few months time.
Good luck all genuine investors may 2023 be a very happy new year to us all.

I wonder who is going to take the other 50% of our Lithium when it is mined?

Hammered, the chinese want the stuff out of the ground. Prem will have all there expertise along with sufficient funding to do just that.
Zulu and the Epo area is a totally different entity to previous Prem ventures, we have professional consultants and engineering companies on board to oversee the mine construction, start up and running procedures.
A large pilot mine will be producing within weeks and Prem will be cash rich.
Of course we may have minor delays or problems to overcome on the way, but that is the nature of mining.
However, once we are producing, the market and the share price will react accordingly.
A very exciting year for Prem.
GLA

Good morning Gents,
Jenkoo, well said. Lessons have been learned from GRs past including RHA.
Prem has come a long way in the past few months, it’s time to look forward and not back.
We as Prem shareholders will see be able to enjoy the next few weeks as we move into the production of Lithium. Once proven, the share price will look after itself.
As Jenkoo says, we have professional consultants and engineering companies engaged and millions of pounds invested from our Chinese backers, along with there expertise and hunger for Lithium.
The risk reward grows smaller by the day, while the potential grows bigger.
The next few months will be absolutely pivotal to Prem and it’s shareholders.
Invested or not, in or out, the decision is yours.
If you believe we can move from a Lithium explorer to a Lithium producer within weeks, then I would say that the share price will be far higher than where we are now, isn’t that why we invest in a company.
Ignore the noise, do your own research and good luck in 2023 whatever you may decide.

5 Things Lithium Investors Can Expect from Now Until 2025
https://investingnews.com/lithium-investor-expectations-2025/
A good read for us Prem shareholders about to produce Lithium …

Don’t forget guys, Prem still own 100% of the Lithium resource in Zulu and the Epo area, along with all the other minerals. Gr has not given up any of Prem to get us in production.
For those willing to wait, if all of Zulu and the Epo area is retained in Prems ownership then, as Snowking says, the potential for Prem as a company is massive. Where could we go to in 2 or 3 years time…
GLA

Dazed; I take it you are still after a lower entry point, if you believe gr has not changed, then this is not the share for you, don’t invest here.
However RHA will have been a massive learning curve for Gr.
We have the Chinese on board, who seem very happy about how things are progressing. We also now have professional mining and engineering consultants who will design and implement plant construction to make sure everything works as it should.
We will be producing Lithium within weeks followed by either a buyout or added plant/plant upgrade…..I for one am very comfy here and looking forward immensely to what 2023 brings to its shareholders.
I see you are also looking for a lower entry price in Kod, if Gr has not changed, then that company may be a better bet for you.
Good luck in whatever you choose, but I know where my money is.
Gla

Pb, I don’t know about a further delay , but I assume it will be 2nd half of 2023 for the dfs anyway. That is if Zulu is not sold before then…..

Drjekyll, I agree with you.
GR was very relaxed, good that he mentioned the other lithium jv we have, could be a very worthwhile project to add shareholder interest and value to the share price.
It will also be good to get a decision on RHA next year as well, something that I am not concerned about as long as it comes with no more cost to Prem. It can be permanently mothballed or sold for me.
GR also mentioned once again that getting the pilot plant up and running is his main priority and we should see the target of 48,000 from March based on 22 days of constant running. There is also potential for increase the tonnage output.
A good short interview and a relaxed George.
Looking forward to 2023
GLA

Profitbags, I also bought more on the drop last week.
Upped my average a bit; but hugely in profit.
2023 will be THE defining year for Prem and it’s shareholders.
An exciting time for all of us.
Gla

Asher, always good to be more conservative regarding your targets.
I think most o Prem holders will say 100% in 2023 from here will be a very a conservative target lol

Asher, I will personally be disappointed with only a 100% gain from here in 2023. I will expect quite a bit more given the price and demand for Spodumene and the value of companies that are producing Spodumene.
A very exciting few weeks and months lie ahead.
GLA