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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

Furion, agreed, my sentiments exactly…

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

The dam should have accumulated plenty of water now ….! Lol
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

Plenty of volume this morning, all looking good the the rerate.
Watcher36 please give it a rest, I don’t think anyone needs this on a Monday morning lol.
Perhaps you could leave the board to discuss all things Prem
GLA

Acker, I think we will have lots of interesting days from today.
Gla

We have had a few days of poor weather, but commissioning will be starting next week, with first production in March.
This is the part of the cycle we are all here for…..
GLA

Range_Rover1990, I totally agree, the current valuation of circa £150million is way too low for a producing Lithium miner.
Hence the move from a explorer to a producer of Spodumene will have a huge impact on the current market cap which will definitely rerate the share price.
We are very close to that moment, I too am expecting a market cap of at least £500 million this year.
To put it bluntly, it will be the most exciting time in Prems history.
GLA

Commissioning to start end of this week, so not worried at all.
The main target is first delivery by end of March.
Gla

Nice consolidation again today, all ready to break higher.
Hopefully all will go well with the start up and commissioning of the plant.
I am sure Stark will want there state of the art equipment to run and process the ore as smoothly as possible, just in case of future orders from somewhere lol
gla

Other lithium reserves by country
While Chile, Australia, Argentina and China are home to the world’s highest lithium reserves, other countries also hold significant amounts of the metal. Here’s a quick look at these other nations:
United States — 1,000,000 MT
Canada — 930,000 MT
Zimbabwe — 310,000 MT
Brazil — 250,000 MT
Portugal — 60,000 MT
Total worldwide lithium reserves stand at 26,000,000 MT. If the lithium industry continues to grow, production will need to follow, and some of these countries with high reserves may become more significant players.
https://investingnews.com/daily/resource-investing/battery-metals-investing/lithium-investing/lithium-reserves-country/

Very nice consolidation today. Investors will be looking forward to commissioning rns, followed by first production and then first delivery to china.
It would be nice to get closer to 1p over the next couple of weeks.
Nice and steady does it for me.
gla

Snowking, we all know the trolls make up as much negativity as possible, to suit there own agenda. Please ignore the rubbish they post.
Prem are close to production with the large pilot plant which will produce millions in revenue.
We will have a RUS and DFS later this year with the potential to add to our plant or quickly build a second with the 2 rigs still drilling the Epo area.
Kod may be in a good position in maybe 2 years but Gr has made a good decision to get into production while prices are high.
We will be a cash rich producer within weeks and our share price will certainly reflect that.
We also may have good news concerning our other projects as we up our production.
Looking very good, with increasing interest and plenty of buying to come.
A very exciting period in Prems history.
Not long to go now.
Gla

Well, the share price was just short of the .7 Which I would have liked today, but still a very good day for Prem shareholders.
This despite all the pathetic deramping attempts from our jealous friends from the Kod board with there sad agenda.
Perhaps the jealousy stems from the fact that we are about to go into production and own 100% of the Zulu and it’s huge Epo area, while they are at least 2 years away and have also given away half of there resource!
Our journey has only just begun, we all know that any mining companies share price has its biggest rise once the transition from explorer to producer is complete and confirmed and we are close.
Prem will start the commissioning of the plant this week with the first production shipment of Spodumene due next month from our large pilot mine.
Over 1.15 billion shares traded today, a huge volume which bodes very well for the rest of the week as we continue our rise towards .8 p
Lots of interest from new and old investors, institutional investors coming onboard and Kod investors buying in.
Prem have confirmed that the start of commissioning will be Rns Ed, which will give the share price another leg up.
The share price is only at where we should have been weeks ago, but it is nice to get a higher platform when the transformational RNS arrives of first delivery of high quality Spodumene to china.
We have plenty of money in the bank and will soon be cash generative and cash rich. The Chinese loan will be paid off in Prems own time with no more requirements from Prem investors.
I for one am very happy with Prems rapid transition to a Lithium producer while Lithium prices are mega high. We will soon be producing thousands of tons of the new gold.
I think our billionaire Chinese investor will be extremely happy with Prems progress over the last 6 months. His visit a couple of weeks ago must have raised a few eyebrows, I wonder how much they would pay for Zulu/Prem or for that matter how much would the many other companies pay who will have eyes on our resource. A multiple of the current low share price is a certainty of course….
Another good day tomorrow should be on the cards, with any drop in the share price being heavily bought into, a nice steady rise till we hit production, then we can look forward to the bigger rises.
Good luck all

Good consolidation this afternoon, strong buying again and moving back up.
Extremely heavy volume and looking good for today and the rest of week.
Gla

Acker, I believe first production figures were based on 22 working days per month.
As we move forward with the commissioning and production, working days can also be increased to add to the production figures.
I am also not expecting much in the first weeks, till the commissioning is complete. We should still deliver first Spodumene by end of next month.
I am really looking forward to the start of our journey as Spodumene producer.
We have professional engineering companies and the Chinese on our side.
We are entering a fantastic journey.
Great volume today and a steady rise is all we want.
GLA