RE: Premier is starting to Move into Premier League1 Jul 2022 10:28
Good Morning all,
Well it’s been a busy period for Prem the last few days, with the accounts out, clarity of a large scale pilot plant and today essay results.
So we have a much clearer idea of where Prem and in particular Zulu is going and I for one, as my name suggests , am very happy with the way things are moving.
So we will have an operational pilot plant up and running early next year and the cost will be paid off within a few months, and possibly earlier.
I am not at all concerned about the timelines, in fact I am very relieved that we actually do have timelines to get the plant producing early.
It clearly gives Prem a big incentive to get the plant built and up and running by March next year.
As alluded to in great detail by GR in his interview yesterday, much work has been going on with mining consultants and experts regarding the building of the mine and many long lead items have already been ordered and paid for.
The pilot plant will also be modular so can be very easily upgraded to produce more Lithium and minerals.
We will also have large stockpiles of other very valuable minerals which can and will be sold for extra income.
As regards assay results today, they are very impressive, and look at the grades for other minerals, very ver.y good.
These are just a few of the 2000 samples which are at the lab, we will have many more results now over the next few months along with plenty of news from the mine build.
Also I can see where Gr. is coming from regarding totally evaluating the Zulu area with 50 metre spacing between all the drills. We will have a very very clear and concise picture of Zulus enormous potential with all zones clearly mapped and ready for when production begins.
These zones are open on strike both north and south and are clearly impressive.
We have 6 drills going 24 hours a day with over 18000 metres already drilled and those drills will carry on going for months eventually moving to the Epo area as well.
We will soon have an upgraded resource with our huge potential and one that will not go unnoticed to other companies out there.
Who knows Zulu or Prem may still get bought out before we go into production, September could be an exciting month, once our 6 month exclusivity deal with our Chinese friends ends.
Prem has never been in a better position and it will be a very exciting few months for Prem and it’s holders. Yes, we have Grs past failures and poor decision making to contend with, but the prize will be a company worth billions in a couple of years time with a share price that compliments the market cap to go with it.
The interview yesterday was George’s best yet with plenty of detail and a clear picture of where he want Prem and in particular Zulu to go.
I also believe that we will have a regular news flow from now on with all the drilled holes being reevaluated, plenty of results to come back and regular news concerning the mine build.
All looking very good to me.
Good luck all
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