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Good supportive news from Canmax…

No dilution as Canmax paid more than current SP.

Onwards and upwards…

GL holders

Profitbags…you are mistaken and in fact I added tons of shares below .03p lately and wouldn’t sell any to the endgame as I believe we are progressing forwards with GH who is already doing lots of sorting out in every way..

The trolls here seem anxious about Goddard payments and spending days arguing that Goddard were not paid…!

So what to do with you when you are not shareholders in Prem!!

We shareholders are not bothered either way and GH is responsible to sort this out if it’s not already been sorted..

Just F#ck off ..

Holding strong for the good days ahead

Jaglith you seem to be confused re insolvency term.

Prem has been insolvent for years as it couldn’t and still cannot meet its financial obligations. This is technically true and we all know about it BUT it doesn’t mean administration or bankruptcy as GH is meeting its immediate obligations by the creditors and agreed with Goddard and others through bilateral arrangements.

The main issue now is that GH ability to get financing through JV or other alternative third party for the company to carry on and achieve Zulu targets Or will GH dilutes us to oblivion. This is now the difference between the LTH and the negative views like yours.

Canmax has been calling the shots for a long time as they are the main support here and creditors at the same time and it seems they remain very supportive after pushing the long stop to end of June without putting any new conditions which is very positive and surely they know far more than you and us of the state of Zulu now.

GL holders

Let’s hope a JV news,otherwise we may be diluted to oblivion if we are the only suckers to get Zulu to produce as required.

I don’t think there will be more massive dilution as this will be detrimental to Canmax too.

It’s more likely to be a JV news … 🤞

GL holders

Jaglith..if you are truly here to balance the inputs ,then why you are not doing the same on other bb?! Not a single post by you there?

It’s obviously your aim of posting is to see prem demise as you are preoccupied with your real loss and it must be a big one?!

You are antagonising all shareholders here to make you feel better but it’s not going to help you to recover your losses..

Everyone here knows you aren’t here for balancing the bb views but for serving your psychological needs.

Jaglith is not well! No sane person spends 24/7 on bb antagonising all shareholders while he does not own any…

Weirdly preoccupied with his loss at Prem and is not able to move on…

He will disappear once Prem share price recovers from here on good solid news…

Jaglith 13.51…

“ Today’s pump is like last Friday. The sp will end flat or down on the day. Pj - hope you sold in the afternoon”

🤡

Added a few @.0304 p

GL holders

Is there a plan for Stockbox interview….?

Alert…900 km takes days rather than weeks and months to transport the secondary float to Zulu..

We all go by end of Feb..

GH did his due diligence before issuing the RNS to be sure the funds raised is enough to get us into production of SC6..

RNS..” Graham Hill, Managing Director, commented, "I am delighted that we have been able to progress with this subscription to enable us to advance the project to install the new flotation plant. I am confident this will provide Zulu with the opportunity to progress to commercial production in the shortest possible time. I would like to thank the whole team for staying focussed on the needs of the Company and the future of Zulu".

Have faith guys!

AI…

“ Installing secondary spodumene flotation cells, which typically function as cleaner or scavenger stages to improve lithium concentrate grade and recovery, often takes a few weeks to several months, depending on whether the project is a retrofit or a new installation.

Retrofit Installation: In cases where specific sections of existing plants are upgraded (such as installing new cleaner cells in a section already in operation), installation can be completed in a few weeks, often coinciding with planned plant maintenance.

New Plant Construction: A full, customized, and designed, installed, and commissioned spodumene flotation section can take up to a year from the signing of the contract to successful trial operation.

Key Factors Influencing Installation Time:

Retrofitting & Upgrades: Installation of new flotation cleaner sections, as seen in projects like Zulu lithium-tantalum in Zimbabwe, involves modifying existing infrastructure and can be relatively fast, with the section operational for, or shortly after, the restart.

Engineering & Procurement: The customized design, delivery, and installation of flotation circuits to handle specific spodumene ore characteristics can require roughly a year.

Logistics & Site Constraints: Overseas transportation and site-specific environmental conditions can affect the timeline of the installation and commissioning phases.

Commissioning: The process of reaching full, stable operation in the cleaner/secondary circuit can take several hours to days after physical installation is completed. ”

Profit…

It will take much less than the 3/4 months.

I expect it in 5/6 weeks.

The last RNS stated..” progress to commercial production in the shortest possible time”

I think by end of February we will get going.

GH first aim is to prove the new float can produce SC6 consistently with acceptable quantities,then third party funding will fill the gap without further dilution…

I think a few here are thinking ahead of themselves…

Be patient!

We need stockbox interview..asap to shed more light on the last RNS…

GH today RNS….” I am confident this will provide Zulu with the opportunity to progress to commercial production in the shortest possible time.”

That’s the most hopeful sign I heard from GH….and he never said that since his appointment..

Very positive..

My understanding is that Goddard will be paid the full amount due but the second float was probably financed partly from previous raise as in this RNS mentioned (to complete the purchase)..so I don’t think there is a shortfall here as it setthat GH has put all due debts and salaries in order to be paid in cash and shares.

Probably GH incoming interview would explain further details to reassure all..

I am disappointed that GH couldn’t get a JV first before yet more dilution on the shareholders misery.

Let’s see if he gets Zulu fit for purpose after this!

The recent good RNSs have pointed to positive trends of moving forward , so I suspect a JV rather than a big step backwards with further placings and dilution…

My money on JV…

GL

IMO Prem will be the best performer 2026…rising from the ashes left by the previous incompetent liar CEO..

GH was appointed in time and will be our saviour…

It’s like building blocks but with no more shenanigans of the previous…

As always Dyor..