The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
ACKER…prediction is just an opinion and not fact..
Goldman Sachs predicted oil price to hit or exceed $200 pb in summer 2022 and it never reach there or even near. Oil prices stayed on average below $100pb since..
They changed their mind after several months!
Lithium production currently with much of it of low quality mostly from Africa ..
Prem aims to produce high grades spodumene 50% premium on current price(as per the Prem CEO on 19/1/2024…then one has to see if they can achieve this with increasing quantities or not.
Let’s agree to disagree as I don’t believe in predictions and speculations or making my investment decisions depending on such views.
GN
ACKER…
Your narrow narrative is quite amusing!
The fact is today’s spodumene $910 and you can keep analysts views and the herds that follow them to yourself..and my advice to you is ignore.
Most of the current car manufacturers are using the old technology lithium batteries with a few exceptions like Tesla.
The spodumene with higher grades and low iron content is what everyone one is after now and much rarer to find . This was alluded to by GR in his interview which attracts much higher prices.
The lithium inventory is depleting and lithium commodity like any others comes in cycles and I believe we are at its lower end now.
If Prem production is of higher grades and lower iron then really you are wasting your time banging on analyst predictions of the SC6 prices in the future.
No one can predict any commodity future prices accurately….it’s the market which dictates depending on so many factors and not only current EV demands…
EVs are here to stay and are the future but one year lower demand doesn’t mean the end of lithium demands…
Prem is now focused on producing high grade spodumene with low iron …
Every one here is aware of other valuable minerals we have but are not monetised yet….
Focus on now and what brings the revenues that is needed immediately.
Analysts are waste of time..
Over 50% got it wrong.
Look at Bitcoin price …only last year most analysts and banks were warning investors to avoid buying Bitcoin when the price was $1600 ! And then I bought MARA ,RIOT and CLSK shares.
Look at the Bitcoin price now over $51000 …
So please don’t print this rubbish of the analysts …their views are like tossing a coin…
Simply the market doesn’t trust GR and wants to see the plant working and producing higher grades spodumene …
I believe we will succeed and surpass expectations even with minor adjustments here and there..including raising more funds..
It’s enormous assets with so much involved here and not only Prem ..
Holding strong with confidence..
GL
Dr pineapple..
GR sold his shares @ .451p to lend the proceeds to Prem.
Today RNS is positive by declaring he is not taking the due loan from the recent money raised but later on to be agreed upon. The reason for today date announcement is the 6 limitation put from the original loan.
Yes it does hint of confidence in Prem on the face of it but GR is a fox of what’s in the next RNS!
I hope no more dilution but positive news of the plant starting production spodumene successful at the higher grades…🤞
We have reached to the point of no return.
Prem on the cusp of proving its promise and I definitely one of its great supporters..
Just look at where we are now …
Not bothered by negativity anymore as it’s all obvious to see that our patience will pay handsomely…
Holding strong
Dyor
GL