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https://www.proactiveinvestors.co.uk/companies/news/971696/bhp-signals-its-acquisitive-intent-but-which-companies-will-be-on-its-wishlist-971696.html

BHP Group PLC signals its acquisitive intent - but which companies will be on its wishlist?

No way will George do a deal before upgrading the resource, unless it’s an offer that is exceptionally good of course……
Certainly no placing yet if at all…..
I am expecting test results within the next couple of weeks with more results to follow during early February.
A resource upgrade will almost certainly follow.
I then think we will hear more of prospective jvs or offers for r Zulu in the first quarter.
I am actually hoping that the share price remains in this low range while I try to accumulate as many more shares as possible before news occurs.
Good luck all

Agreed Acker, once results start coming in from the drill samples, the market will certainly begin to take notice. Prem will be able to upgrade the resource to hopfully 60 to 80mts and then we will start to see the share price react accordingly.
1p and more will be achieved once the market has tangible data.
We will then hear more about a jv/buyout from more multiple parties.
Our current market cap is a paltry 36 million at present, so even if the original Zulu is sold at a knockdown price of 360 million, it will still give us a share price of 1.85 pence, and we would still have the massive EPO area to drill to DFS.
Although anyone who wants to jv or buy out the original Zulu area will also want a piece of the EPO.
There will be plenty of offers on the table, some of which have already involved due diligence in 2021, and there will be more to come.
Prem has never been in a better position than now, we will probably never see Prem mining the Lithium, but in the case of a buyout, I would love us to retain a percentage of Zulu for any future income and growth.
A very exciting few months to look forward to.
Good luck all

Profitbags, I tend to agree with you regarding the carving up of the whole EPO area. Jv, offtake, mine build etc for the original area and explore the rest with 100% to Prem. Lots of other minerals including potentially Gold and Silver as well as the rest of the Lithium in the EPO area. Then Jv/sell the the other areas in the future.
Very exciting first quarter 2022 and beynd.

Hi Guys I hope everyone enjoyed yesterday’s festivities. I believe everyone who holds shares in Prem going into 2022 will be well rewarded in the next few months. As a very long term holder we have had a few false starts and a few big disappointments.
However everything with Zulu is all coming together for 2022.
Without any doubt, we have a huge Lithium resource at Zulu, and as a sideline don’t forget the gold potential. We will certainly have many interested suitors and certainly offers will be on the table right now, and it seems not from just the Chinese.
I like the fact that Gr is waiting on verified results and not diving in , which will strengthen his hand and enable us to get better offers in the near future.
Perhaps we will give away just a small percentage of the original Zulu area for a few million before exploring the Epo area for further resource upgrades. Perhaps we will give away a small percentage of the entire area in return for having a mine built. Perhaps premier will be sold in its entirety, who knows. Perhaps an offtake agreement for exclusive rights to our Lithium in exchange for a completed dfs and mine being built.
Who knows what will happen, with many options available, but it seems from his interviews that Gr will be completing a deal in the first quarter of 2022 with no more funding required from shareholders.
Even Acker is it seems is getting excited for 2022 …..!
Progress in 2021 from Prem has been slower than all of us thought, however it seems things are coming together all at the same time.
Sentiment can change very quickly, I believe once we have verified results in, an upgrade to the resource and news of a Jv, or offtake etc then the market will react accordingly and so will the share price.
The next few months will be very exciting for us all, let’s hope this will finally be the year that Zulu and Prem become a monster….!
Good luck all.

https://premierafricanmineralsinvestors.blogspot.com/2021/07/zulu-lithium-enormous-upside-potential.html

I agree that 2p and much more is very reachable. The world is crying out for Lithium and will do for a few years yet. It is not just used in the electric car revolution but in many more applications from phone batteries to electric toothbrushes.
Once our Lithium resource is upgraded and grades known, we will then see a lot more information regarding interested parties for a JV, offtakes or selling of Zulu.
There will be many interested parties and hopefully a bidding war will ensue, one thing is for certain, the share price will increase…..by how much who knows, but new investors will come on board, and the nervous will sell out, and perhaps most of the so called moaners lol
2p and much more will be very achievable and I am not being delusional.
Zulu is huge and will be more so in the coming weeks.
I for one am really looking forward to the news flow over the going into 2022.
Good luck all

Wow Acker, you have been in overdrive , I reckon at your present rate of posting you should get to 12,000 posts by end of November, most of them deramping to suit you trading agenda.
Bit of a sad life spending all your free time on one board, still I suppose one or two posters who actually take an interest in your posts will appreciate your alternative and negative views.
As for Zulu, yes there will be a raise soon, but once results are back from the lab, we will be in a stronger position than ever to negotiate with interested parties from 3-4 countries.
I would prefer a completed DFS before we give anything away.
We will have a world class asset and I believe this will be very profitable for Prem investors over the next few months.
Good luck all

Taken from 2yrs ago so I am sure we will be hearing something from Circum soon. Anything from Circum will just be a bonus to Prem, nothing is priced in from Circum.
The main focus is all on Zulu now.
There will be lots happening in the background from 24 hr drilling, testing of samples and talks/negotiations with interested parties.
The market just needs independent clarification of results, more clarification of direction of funding and our share price will react accordingly.
I believe things will move much quicker than many anticipate once independent results are in.
It should be the most exciting 12 months in Prems history.
Good luck all genuine investors

ANNOUNCEMENT
CIRCUM MINERALS APPOINTS HCF INTERNATIONAL ADVISERS LIMITED - NOV 2018
Circum Minerals Ltd. (“Circum” or “the Company”) has appointed HCF International Advisers Limited (“HCF”) to assist in the structuring of a debt package in the order of US$750 million plus costs overrun facilities for the development of Phase I of the Danakil Potash Project.
HCF in conjunction with the Company’s legal and other advisors, will provide advice and assistance in connection with financing the project on the basis of the bankable feasibility study produced earlier this year by independent consultants Senet (Pty) Limited of South Africa. This initiative will run parallel with the strategic review undertaken by Circum, and is designed to give Circum optionality and flexibility when structuring a deal with a potential strategic partner or partners.
“Ultimately, the Danakil Project will play such an important strategic role that we will require the involvement of several world leading organizations in both finance and insurance to partner with Circum and the Ethiopian Government in bringing this ground-breaking project into operation,” said Brad Mills, CEO of Circum. “There is a lot of interest in investing in Circum, but being unparalleled in terms of new development in Ethiopia, all of the organizations we have approached to date would feel more comfortable with an investment partner”.
HCF will approach a consortium of commercial banks and financial organizations to gauge the level of interest. Given the world class nature of the Danakil Project, combined with the environmentally friendly mining methodology and the importance of potash-based fertilizer to increasing world food requirements, Circum should be very attractive to leading global institutions.

Good buying pressure this morning….

All looking positive for a very good rise.
Have been adding more on the small drops, it won’t take much for FOMO to kick in.
A very exciting time at last for Premier and it’s shareholders.

There will be no placing at this price IMO Excellent independent results with a placing,if required, at a higher share price.
Definitely looking strong though.

If he does sell this before we have a producing mine, then that is fine by me. But i would want at least 10 times the current share price, which would still only give Prem a market cap of 360 million, when we could be worth far more by having a Jv and a producing mine. If we did sell Zulu then all shareholders would get a special dividend per share. We should also retain an interest in Zulu for future profits.

We need to get the Resource upgraded so a more definitive valuation can be assigned to Zulu before we seal any deal.
With confirmation of a huge resource in both Lithium and potentially Gold, Zulu.would attract many potential bidders for a much higher price.
The last thing we want is to give our prize asset away at a knock down price when we know it could be valued far far higher.
A completed DFS and independently verified grades are essential.
The next few weeks are going to be very very interesting indeed. We are finally moving in the right direction and we as shareholders will finally see our rewards.

Prem will not joint venture anytime soon. Once we have had results independently verified by a reputable company and our lithium resource is upgraded from 20mt, then we can assess the true value of Zulu. As other posters have said, we also have gold at Zulu which could add further value in the near future. We will have many interested potential partners and Prem will be in a far stronger bargaining position once grades and resource are further verified.
I believe that a jv will happen eventually or Zulu will be sold entirely. A very exciting few months lies ahead. I will continue to build at current levels.
Good luck all genuine investors.

Steward1, agreed that we will be in a much stronger position once more results are made available.
I am not concerned about RHA in the slightest, but if we can get some kind of deal, maybe offtake or jv to get it back into production without impacting Zulu, then only good for Prem.
As for MNH, we really need more information and an update in the form of an official RNS to clarify any details. But any cash back from that would only add to confidence in Prem as a whole.
Plenty of news to come, plenty to digest. I am very optimistic and confident that everything is moving in the right direction for Prem and more so for it’s shareholders….

There seems plenty of positives to come out of the meeting. I would love Prem to keep 100% of Zulu but I also think that getting somebody on board with a jv will speed things up ie more rigs and a bigger DFS area. Offtake agreements could also give us more cash instead of dilution, but may be further down the line.
Certainly releasing more results and bringing more people onto the board will give the market huge confidence.
No more dilution would also be huge, but let’s see what transpires in the near future.
All looking very good and positive, a very exciting next few weeks for Prem and it’s shareholders.
Are we finally close to realising the huge potential that Zulu will bring, I firmly believe so !
Good luck all.

The lithium sector is running hot amidst surging spot prices and the anticipation that prices will continue to soar.
In the last two weeks of September, battery-grade lithium carbonate prices cracked 2018 highs on the back of strong demand from China and tight supply.
But this could be the beginning according to the International Monetary Fund (IMF).
In the IMF’s World Economic Outlook, it cited that prices for green materials such as cobalt, nickel and lithium could see triple-digit increases in order to meet the world’s transition from fossil fuels.
“… prices would reach historical peaks for an unprecedented, sustained period under the Net Zero by 2050 emissions scenario. The prices of cobalt, lithium, and nickel would rise several hundred percent from 2020 levels …” the report said.