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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
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
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
Oak grove, that deramper daz person spends all of his time on this board Trying to deramp Prem.
it’s a sad life he has, posting day in and day out on a share he is not even invested in.
His only agenda is to deramp with every post and attack genuine Prem investors with his vile comments, and to disrupt the board.
I think most on here have him on ignore anyway considering the rubbish he posts.
I am very relaxed with the approach Prem is taking regarding the large pilot mine.
Very much looking forward to 2023 and the rewards that Prem will finally attain for its holders. Spodumene is the way forward !
God luck all
Johnny, I was mystified by the fall last week. But I very happy to buy more before those prices.
Anyone holding Prem going into production will certainly see the benefits in 2023.
Many longer term Prem holders like myself now have multiple millions of shares and have averaged down over the years.
I am now very much in profit and looking forward massively to a Prem being the first Lithium producer on aim.
I am also very excited to see how all this pans out in 2023, one way or another the share price will at some point be multiples of the current price.
GLA
It will certainly get interesting once Prem go into production in a few weeks time.
Will Zulu be sold once proved, will Prem as a whole be swallowed up and at what price or will a second larger plant be built.
Plenty to look forward to in 2023.
I think we will be in for a few good weeks, ahead. I hope people took advantage of the unjustified drop last week, I certainly did.
Perhaps a few stop losses added to the drop, certainly nothings has changed with Prem.
Production of our large pilot mine is still on target for February.
GLA