Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Good Evening gents. I am also very happy about the interview, it was very positive and no red flags.
Ok production has not yet started, anticipated to start sometime next week. I was more interested in the broader outlook and longer term potential than when the plant will commence over a few days.
It was great to hear that plans for an expansion of the current plant or a second plant are already in the pipeline and a RUS is very close from the independent company. The plant upgrade or a second plant could be sourced from parties who want our other 50%/ offtake of the Lithium.
Very interesting to hear direct interest in Zulu and its Lithium from multiple parties, how long will Zulu be in production till we have an offer of a buyout ?
But no concerns from myself, I think a few may be kicking themselves at 8am tomorrow for selling today who were thinking of a drop in tomorrows share price.
Plenty of positives, we are close.
GLA
Craig; some of us have far in excess of 30k in Prem and most of us are quite relaxed.
Look at the bigger picture and not daily price movements.
But It will be a huge boost to many investors confidence once we are producing, once we are generating income sentiment will change drastically.
We are on the cusp of what will be huge news, ignore the noise and enjoy the ride.
GLA
Good morning guys, there is no way a call for cash will come. Any more cash, if needed at all, will come from the Chinese.
it would be good to get into production by the end of this month, we will know more tonight and tomorrow morning.
GLA
If this still has a high chance of going pear shaped as you suggest Eil-gelboy, then you would not be invested! Then again you are a trader with your own agenda.
Personally I think that with the Chinese happy and willing to take a stake in Prem and give us 35 million to build the large mining plant and with professional engineering engineers and consultant's employed, Coupled with all the high grade drilling results confirming we also have mainly Spodumene . along with the backing of the Zimbabwe government, then I would say we have a very good chance of succeeding in becoming a Lithium producer.
gla
Pottytime; surprised you have sold out here, with the next couple of months being transformational for Prem and it’s shareholders.
We are about to be Lithium producers which will be massive.
But good luck with your choice.
Gla
A very impressive video of the plant.
Stark will want the plant commissioning and production to run as smoothly as possible, as will the Chinese and Prem themselves.
I am Very happy with the amazing progress over the last few months and look forward to Prems confirmation of first production and first shipment of Spodumene to China.
That is the moment when Sentiment amongst doubting, impatient or any other potential shareholders will change dramatically, as will the share price.
We will then get lots of attention from many quarters who will be eyeing our assets and want our Lithium.
That is the monument we become Lithium producers, then we enter our most exciting period,
Something I am looking forward to immensely.
GLA
Good morning guys, we are not even halfway through March, we should all try to chill.
I know we are on the cusp of moving from an explorer to a producer of Lithium.
The plant construction of the large pilot mine has been a fantastic achievement in a just few short months.
We are now very close to obtaining our objective of mining Spodumene.
We have obviously been waiting for parts to complete the build of the plant.
24 hour working on the plant could not have continued without actually having the remaining parts on site to be fitted.
I am not at all concerned, we are all invested in Prem for the production of Lithium and the share price benefits that will come with that, after all these years we are days away now, chill.
Good luck all.
I think a few of you need to relax and chill. The pilot plant was always going to take some time with the commissioning of all the different parts of the plant.
We are in good hands with Stark as the professional engineering company on site.
They will want the plant to run as smoothly as possible with their on reputation and possible future orders at stake.
We will no doubt have an RNS when the plant is commissioned and up and running.
This will be the groundbreaking RNS that we have all been waiting for, Prem producing Lithium….! Once received, our patience will be rewarded.
I am very relaxed and happy to wait for our rewards…..
GLA
Once the market can see that Prem is a producing lithium entity with good Spodumene concentrate grades, then the share price will certainly rerate very positively.
We will also get institutional investors and fund managers buying in once Prem is derisked and at a producing stage.
Gla
Redandy, I would hope for a minimum of 3p for Zulu alone. It would value Zulu at around £670 million, that is without the huge Epo area which potentially could be worth far more.
Ucku has a very interesting name and chat history and seems to be a very angry person.
Investing in Aim shares can certainly be very challenging and is not for everyone.
However it can be very rewarding with the right mentality and correct stock picks , along with some luck lol
Obviously he/she has missed out on Prems success over the last few months, but Prem is close to a company changing period and the share price will react accordingly.
GLA
Agreed that the current share price is what the market currently values Prem at.
Once we go into production and we move from being an explorer to a producer with a proven product, then the market will have to rerate Prem.
Gla
It should not be long now, I would imagine everyone at Zulu will be very very eager to get the plant commissioned and up and running into production, so they can all see the fruits of their hard labour over the last few months.
It will be a tremendous achievement and fantastic for not only Prem themselves, but the shareholders and all the local population who will benefit tremendously from job creation to roads, water, new school and new housing.
What comes after the start of production is the exciting bit, Rus, Dfs, sale of Zulu, sale of Prem itself, exploration of the Epo area, another plant, plans to utilise our other resource minerals like Rubidium and Tantalum.
Who knows what 2023 will bring, but it will be a very interesting and exciting time for Prem shareholders, we still own 100% of Zulu plus the huge Epo area, all looks good to me..!
Gla
More very good results to support the ongoing RUS and Dfs at Zulu.
It’s all coming together nicely. Once we are in production we will see a positive rerate of the share price.
I am very chilled here and Looking forward to a very good March.
GLA
Acker, I think first shipment by end of q1 is the main target date for Prem.
They may already be testing and commissioning parts of the plant at this very moment.
I would expect an RNS when full commissioning is in progress, but not concerned at all if it’s not this week. However it could be anytime from now.
A nice steady day yesterday, we should build on that the rest of the week.
GLA