RE: Well Done Bick + Attendees21 Oct 2021 13:53
Why I hold 1.2 billion shares.
I’m either a fool or I’m very comfortable with that size investment and the risk reward that I perceive exists being a prem shareholder.
I could not have asked for more recently
1. Lithium absolutely flying
2. Grade very good
3.resource about to get 300% upgrade
4.this is just a tiny part of EPO area more resources to follow
5.tantalum credits and rail logistics make Zulu lithium projects costs even more favourable
This is a work in progress that has been significantly derisked. There is still some risk but the risk reward from here is prob 50% downside v 10,000% upside 100 bagger.
The reason prem is so cheap is because of the perception that GR and prem will fail.
GR has a very big holding so he has plenty invested in prem.
yes we need more skills on board and this will happen.
Someone will buy Zulu lithium from prem in future for several pence per share.
Then there will still be moaning this is worth 20 p a share bloody GR has sold us out on the cheap!
The big picture is absolutely glorious but hurdles to get there.
Not so long ago we were talking about prem survival , it’s going bust , GR will be selling to mates for £1 coin.
Good luck all genuine holders