Member Info for Jenkoo

Wonder what today holds... im guessing an RNS of a full update of progress on each of the exploratory rigs across zulu, a full backdated list of Assays results, a detailed plan on the coming months and tweet of George driving the next set of expedited samples to the lab...

Good Morning everyone
J

I think we can agree Prem should sell Zulu and concentrate efforts on the EPO with a big fat wedge in their account to fund it and other sites.
J

Looks like one of the newer rigs. The previously shares rigs looked much older and dated.
More evidence and results please.
J

You’d like to think the meeting was to agree terms on the influx of cores coming their way, but based on results I’m confident your right Steward.
I won’t bother sharing the latest prem tweet… it’s both pointless and frustrating
J

Interesting point Acker. There must be some benefits to GR for not releasing the Assays other than incompetance. The questions we should be asking are why would he be holding them back?
Are they excellent and therefore good results would make for unwanted intrerest? Why would it be unwanted at this stage?
Are the results not making the grade? Would that damage the company further?
Who knows, but provoking thought.
J

Steward/ Roman,
Appreciate both comments and agree not likely to happen in the short term.
Interesting point Roman makes about the board member travelling rather than sitting on GR. I missed that. Thanks.
J

Pennies being thrown in everywhere… here’s mine.
I wholeheartedly agree with steward/Acker/Bick on the frustrations. There’s no excuse for it.
Currently on Day 6 of ‘great content April’ with no tangible information of anything, no assays in sight…. Apparently there not important (GRs comment not mine)
To put a different spin on things… is this the beginning of the end for GR? We all know the old adage’ you can’t bake a cake without breaking a few eggs’
Suzhou will be watching PREM closely and will force the point sooner rather than later if required. Once that happens SP will double instantly.
Let’s hope this is the egg breaking part on the adage.

Breakthrough could happen any time… ‘wouldn’t want to be out this week….’

Sorry, couldn’t resist. Ha
J

I cant see this lack of news lasting much longer. Either GR will get pushed aside or he will step up due to Chinese pressure. Therefore im continuing to load up. I can see this being frustrating for a few more months but will end 2022 in a much stronger position. DFS early Q1 2023 imo.
I just wish we would all get some tangible information from the company to give confidence on a plan....
I know, i know... a plan right.... sounds ridiculous doesn't it!
J

News - I get it mate. Furthermore, I completely agree and don’t hide the fact I see massive potential here.
I was more referring to how you write your messages…
Anyway, good luck to us. In 3 years I estimate we will all have a portrait of GR above our mantelpiece haha
Time for a single malt, enjoy

I’m not sure what your smoking news, but do send me some
J

I know GR can be frustrating for many, but lets not forget the fundamentals of Zulu and the EPO. It would seem to me that the big question is not 'If' but 'Who' will turn Zulu into a mine. The longer it takes; the more risk of a low price buy-out. This, I foresee at the biggest risk of PREM as an investment.

So as a result, either; people will make a decent return on a buy-out OR multibags on a productive mine owned by PREM over the course of a number of years.
Profit or Profit?
I think bailing from Prem now, just as its ramping up with Suzhou would come back to bite imo. I'm with Acker on collating shares whilst they are low.
Genuinely - good luck to all that do opt out though, IMO Sentiment is holding this share back, not fundamentals.... and sentiment can change in an instant.
J

Interview was conducted Friday Bagpipes.
J

An interview that got better the longer it went on. Heres my pull outs and would like to hear others...
* Interesting that GR might be basing forecasts on $2.5k dollar per tonne, even though prices today are much higher and demand expected to increase. Gives huge potential for large profits above and beyond the expected.
* Pulling forward the mine build will be looked at V's risk due to the high tonnage costs. Sounds positive for a mine build as soon as DFS completed.
* Great to hear PREM are supporting the Zimbabwe minimum requirement for keeping their claim to Zulu and mineral plains. GR also mentioned they are part of the community and doesn't foresee any issues with mining license.
* Will use funds to explore EPO - signs are PREM are sat on a comprehensive ore body!
*Other lithium claims will be explored with the £12m - GR announced some of these as 'significant'

So many positive potentials that go beyond Zulu. The last point was my favorite part of the interview.
Well done GR and team. Please keep the communication up.
J

Could this be the beginning of #Ackers1pApril
J

Fear not Shiny. This is only going one way. GR will deliver. There is too much interest/desperation for Lithium, for 1 man to cripple progress… and I dare say he won’t do that this time round.
GR will come good with the help of the Chinese and their cash. I’m confident we will see 1p this year based on an average DFS. I actually believe we will get strong results/grades based on what we’ve seen so far (albeit limited) so 1.4p is very achievable.
Chuck FOMO into that equation and we may even get a whiff of 2p.
…
Sorry. Getting carried away now, but absolutely possible
J

Does anyone read this like prem are being a little bit cryptic… in particular the bit where it says ‘ kicking off on Monday’

Almost like there’s some exciting news Monday…. Like a plan… and the reference to further updates referring to the progress of that plan?
SP would hit .45 with a plan imo
J

Steward1 - agree about the RNS and the interview snippet.
Let us all enjoy the weekend and wait to hear what GR has to say.
I think we’re in a great position overall and I’m sure in 9 months we will look back wishing we bought more at.33
J

TR1 as expected holdings

Nobody selling today…. Solid base… upwards from here

Il be amazed if he hadn't thought about it. No way that didn’t cross his mind
J