Member Info for Jenkoo

Been looking forward to today since Friday haha.
I tend to agree with Snowking that mine ceremony will be next weekend given GR said production this month was tight for Q1 (albeit on track)
Any RNS stating we have started mining and we will generate substantial SP confidence and likely set a new bottom. I’d also foresee a steady rise to 1p with this news and EPO assays, but as many of us eluded to a number of times, the re-rate will happen upon first shipment/payment. All imo of course.
RNS this week is just about guaranteed given Friday is 31st.
J

Very nice H2 showing on the graph Snowking, thanks for sharing. As you elude to, cheaper prices raise demand which will raise contracts costing. As time goes on this balance should settle and become more stable.
J

Dickie- aren't predictions the whole reason we are here? Because we predict a good return on investments?
To also share thoughts, projections and perspectives to broaden each others views?!?!?
Just a thought
J

ProfitB - 12 months since (as then) Suzhou invested!!!! Wow, the Prem team really have done amazing in 12 months.
If I may jump in. I think next 12 months will see Prem copy and Paste this blueprint of heavy exploration/drilling/mapping and ‘Pilot’ elsewhere in Zulu/EPO. Likely with Canmax finance in order to bring forward the build. Hopefully issue some Divi’s too to the share holders!
J

Snowking- in the lithium market, China demand has been hit by reduced subsidies by their government. ICE car sales have slightly increased as EV has become slightly more expensive.
Lithium reserves are currently readily available and these two contributing facts have driven prices lower. (Sharper than anyone expected)
It is expected lithium prices will likely fall slightly further in 2023 before starting their recovery. The knowledgeable Lithium experts I follow expect to see prices bounce in Q3 onwards but likely not to hit 2021 highs for some time/ever.

What’s does this mean for PREM?
Well lithium was profitable at $800 per tonne, so anywhere near $3,000 - $4,000 per tonne is none other that beautiful.
Super exciting times ahead… looking forward to Opening Ceremony news/updates.

Enjoy your Sunday all
J

Hi all. Just sharing this for info:

On March 20, 2023, Suzhou TA&A Ultra Clean Technology Co., Ltd changed its name to Canmax Technologies Co., Ltd.

J

Profit - yes, keep checking my Twitter to see if we get a rare weekend update given what’s planned. Exciting times.
mc sub £200m likely won’t be seen again by end of next week.
J

Is it Monday yet?
J

Also agree Bickmaster was an influential and informative poster that is missed here
J

Great finish! Absolutely love it.
It’s been a rough year for every other stock of mine in2023, but this has cheered me right up
J

Living the dream today aren’t we lads and lasses! Fantastic.
finishing at .8 or above will be brilliant with plenty more in the tank for next week. Enjoy all
J

As will August and September!!! haha, Well done to all Prem holders!
J

Added a couple of grand myself Patrickd. Derisking here with every day we get closer... and SP yet to really rocket.
April/May will be beautiful!
J

Yes, History says SP drops after GR interviews or RNS’
However,
History has no record of Prem announcing it has started processing Lithium baring ores which will result in multimillions revenues, unlocking financial stability and shareholder value, the whole time with a dedicated partner that has stated it wants to invest further in Prem, which will further unlock the ability to undertake intense drilling of EPO area and Pilot mine expansion.
The key to a Billion £ Prem starts with processing SC6 at the Pilot…. Which when announced, will likely generate a high volume day…. But hey…. If you believe history only ever repeats itself, feel free to short it first thing in the am.
J

RNS tomorrow morning imo. Roach was the first person to sign up to StockBox interview. I think he will have determined the date for this based on his expected news flow. The other 2 companies have jumped on the same StockBox session as they were confirmed after.
Can’t wait to hear what he has to say. Updates, way overdue.
J

this will go back to .8p upon release of the funding news....
J

Out of interest, what do people think an RNS stating ‘the commencement of Processing’ will do to the SP?
For me, I think not a lot. However any RNS stating we are processing near the target quality and quantities would be more impactful to SP.
This RNS I would expect to be backed up by another RNS in April stating first shipment, which is when the re-rate starts imo.
Interested to hear others thoughts.
Very close now….
J

I wonder if GR will announce official news before the 22nd March StockBox interview. I’m expecting him to announce the start of production which should drive some confidence and sentiment our way (much needed). If he does not, I expect a short term sell off and quick recovery.
Regardless of what other holders say, the radio silence through official channels is poor. Shareholders/investors funded this whole thing, PI’s and Suzhou one of the same. Without either, Prem would not be here doing this.
Looking forward to the next leg up, hope it’s soon.
J

Roger, saw this and thought of you. Might be life in the old girl just yet:

https://www.linkedin.com/feed/update/urn:li:activity:7040976950634430464?updateEntityUrn=urn%3Ali%3Afs_feedUpdate%3A%28V2%2Curn%3Ali%3Aactivity%3A7040976950634430464%29

J

First shipment in Q1 is out the question for me. All text has changed to ‘producing Spodumene in Q1’
J