Member Info for kenny100

Premier has received a number of requests from other mining companies already well established in Zimbabwe to discuss our intentions in regard to the future of Zulu for either future offtake and/or direct equity investment into Zulu. At the same time, Premier is in discussions intended to see a quick increase in production and a broadening of the product base as the focus of production at the Zulu plant has only been the production of spodumene. This is likely to take the form of fully funded extensions and modifications to the existing plant. In that regard, I remind shareholders that the existing plant will only process approximately 60% of the ore feed through to the floatation circuits and the first upgrades will be targeted at increasing floatation capacity to increase concentrate production.

Premier African Minerals said on Wednesday it had finished building a lithium processing plant at its Zulu mine in Zimbabwe and expected to start production of spodumene concentrate later this week.

https://www.miningweekly.com/article/premier-african-minerals-completes-zimbabwe-lithium-plant-production-imminent-2023-03-29

https://www.miningweekly.com/article/premier-african-minerals-completes-zimbabwe-lithium-plant-production-imminent-2023-03-29

These huge investments into new lithium processing plants are leaving massive extra processing capacity. And the EPO of Zulu is huge.

This is why — in my view — the buyout is coming and coming fast.

Production is starting, so Chinese historical nervousness of investing too heavily in exploratory companies is no longer as relevant. China is already building huge amounts of infrastructure, which will significantly reduce capex costs. PREM is also not covered by restrictive new laws, so any buyer can ship out unrefined lithium — a privilege that will not be afforded to any future explorers.

And with a £208 million market cap, a buyout price of 3p — or circa £600 million — leaves PREM comfortably below the $1 billion maximum investment allowed under Chinese law.

But if PREM gets to 3p before an offer is made, then the Chinese will miss the buyout boat.

https://polaris.brighterir.com/public/premier_african_minerals/news/rns/story/xle8vpw

https://twitter.com/Premafrimin

Should of been released at 17.55 hours today...................... IMHO

732,197,300

https://www.youtube.com/watch?v=c2hTA2uPaE4

https://www.youtube.com/watch?v=a0pSWm2AjMk

Production starts......

https://www.youtube.com/watch?v=gpKFVGbU60E

Conveyer belts set and ready.

Plus road kills for good food.................

:+)

Near me not that good...............

https://www.tripadvisor.co.uk/Restaurant_Review-g528774-d10798882-Reviews-Rick_Stein-Marlborough_Wiltshire_England.html

Tory peer Lord Cruddas and his wife saw more than £80million wiped off their fortune after shares in CMC Markets plunged by a fifth.

https://www.msn.com/en-gb/money/other/market-report-lord-cruddas-takes-80m-hit-as-cmc-shares-tumble/ar-AA1990pS?ocid=msedgntp&cvid=400d9f88cb014568982513d1f5a553d3&ei=12

https://www.youtube.com/watch?v=ApTTLmdgA-M

https://www.youtube.com/watch?v=f_sa3ebgtqM

18 tanks.......... Plus more deliveries........

https://www.youtube.com/watch?v=6JYOw6eRVC0&t=56s

https://www.youtube.com/watch?v=trnKyupXgsE