Member Info for IQ157

I did some calculations 3 years ago (in post history) and yes, snow is correct :-)

Great post Snow and a great day for Prem. you are living the dream??
I took a big risk and put all eggs in one basket as did my research.
Have we just become a serious long-term investment?
I agree 10p possible in 2024 very likely.
I had to sell a few to clear all debts and pay for a family holiday but still have 30 million for a free ride and early retirement in 2024.
Where do you think the SP will be after JV and RHA up and running? (at point 4 on your post)
I see the SP climbing over the next month 1-2p depending on JV partner.

They will have to let this go soon:-)

Had a quick read up and moved a few shares here for safe keeping as this is going north soon

I have an idea but will keep to myself. hope i am correct:-)
I realy could do with getting out the 9-5

Post of the week. Snowking , how confident are you of a JV partner in the wings and do you have a hunch who they are?
EPO = 1p+ IMHO

Agreed Wolf and Biue
98and 3/4% in the bag
GLA

“And will you succeed?
Yes! You will, indeed!
(98 and 3/4 percent guaranteed.)
GLA;-)

:-)

I don’t think a 200mk is unrealistic short term on EPO and speculative JV news. This could well have a 1billion+ MK by next year if all goes to plan. DYOR as this is based on my research as a long-term holder. Not in any group but in my opinion, there are some well-informed posters here who appear to share similar views to me. Snow and Ted know there onions and Acker’s got shallots of shares in here ;-)
Off out for some exercise enjoy the re-rate over the next couple of weeks IMHO
GLA

Not realy! just my opinion DYOR
GLA:-)

Not a chance this is going north fast:-)

Just my pennies worth here; in my opinion Penny plus is where its going.
I've been here for 5 years as many of you will know and bought on the tips along the way and luckily Ifor me my average is 0.06p with 40 million in the bag. I wouldn't be holding these if I wasn't confident that the EPO will be granted.
Looking at the trade pattern, the recent announcement by the Zimbabwe government re EPO's and the recent RNS it looks highly likely that the EPO has been granted and now at stage 7 and awaiting publication. If you look at the assets Prem has and then have a 2nd look at ZULU you can see why people are getting very excited here. My belief is that once the ZULU EPO is granted a JV partner will be announced either at the same time or very shortly after. If this is one of the big players as many suspect then a roadmap for the future will be laid out. ZULU this propelled forward to DFS (12 months) and in 2 years will be producing lithium and lots of it. In 5 years Zulu will be one of the biggest the lithium producers in the world. It is very likely that ZULU could well have the biggest lithium deposit on the planet and that is mind blowing.
In short this will go to 1p+ (170million MK)quickly and I believe that 4 P +in the medium term is not unrealistic (700 million mk) on DFS. If you hold these long-term Prem could well be worth billions and pay some good dividends.
Having said all of that we need the EPO and a JV partner with deep pockets. If that happens watch the share price go ballistic.
Enjoy the sunshine and remember it's only money.

I think it will:-)

Great post Tedoby.
I remember doing calculations on Zulu 3 years ago
Looking realy good from here
GLA

' A spin-off occurs when a parent corporation separates part of its business into a second publicly-traded entity and distributes shares of the new entity to its current shareholders.'
I don't see this happening and certianly not without share-holder approval. But if it does, we get shares and don’t loose out by the looks of it.

Not going to trade this as don't want to risk being out when news lands
GLA

;-)
GLA

Well, to be honest this has retraced further than I thought. I have been good at predicting the base over the last 5 years and bought 20 million at 0.024p (check my history ) I now have an average of 0.06p so just in profit with a good size holding. Here are my thoughts. You can risk it for a possible10-20% downturn and try and get in at 0.05 which in my opinion looks doubtful but if you decide to try good luck to you. or you can buy and hold knowing that there is a good chance a 1000+% upside it is not too far away.
I bought a few today as I am more convinced than ever that the EPO is closer than people realise.
The recent RNS, with warrants which are staggered above share price ,up 100% above, me that institutional investors are interested in PREM. These investors are here for one reason alone and that is to make money.
Most of us here are the small fish in a big pond so let's stop 'pratting' about and swim upstream together . I really think it's time to put egos to one side and focus on the goal and make some money. In the short term there is a high probability that significant news will land and when it does Prem will go ballistic. I for one would not want to risk being out. I have got nothing against people daytrading but if you get this wrong are you going to be fine with that?
So whether you are in or out please consider this. GR may be slow getting this company to where it needs to be but he has now in my opinion put Prem within sight of the following.
- Zulu DFS . where do you think the share price will be?
-add EPO to Zulu
-add JV
-add Circum
-add RHA
-add gold including greenstone belt on Zulu EPO + plus tantalum
I wish all the best with whatever you decide
good luck all
IQ

Agreed Acker- time to buy
GLA