Member Info for M_Night

Some massive upside here.

https://www.reuters.com/world/africa/premier-african-minerals-plans-lithium-shipments-china-by-march-2023-2022-07-11/?utm_content=buffer988be&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

You're both very much clowns. 'ctrl+f' in my post history and you'll find one such post mentioning "top up" earlier this year. So nice know you're happy to make things up to suit your agenda.

Also quite funny Daz how as soon as something positive is posted about sentiment, aka how buying demand was strong enough that there was no quote and no one was selling down here, you show up to quickly shoot it down. I mean you couldn't make your agenda more obvious.... I hope they're paying you well to spend your entire day F5'ing this forum, but it doesn't seem like you're doing a good job at all.... :S

Tried to add my final top up just before the bell and couldn't get a buy quote. Seems like the MMs were very short on shares.

Seems fairly concrete discussions are in the final stages to get the deal done.

*PREM debt free
*Exclusive Prospective Order granted
*Zulu DFS programme commenced
*Zulu 100% retained
*Zulu 50% offtake through Chinese major worth over £500,000,000 and growing
*£12million funding secured for Zulu DFS and PREM
*Chinese major on board
*Zulu drilling increased, 6,000m Feb 2022 > 18,000m June 2022
*Zulu mine build likely on interest free finance
*Zulu roads being built
*Zulu looking to enter production in just over 6 months

Keep squabbling over assays (which are coming in bulk and very soon) or about this and that. This is a remakrable turnaround story and now heading in one direction.

Over the coming weeks and months, us shareholders can look forward to:
*Financing for mine build
*Commencement of mine build
*Progress on mine build
*Assays
*Tthe first major resource upgrade since the maiden resource of 20.1mt
*Completion of the DFS programme
*Further drilling and results for the EPO zone
*Sale of circum mineral shares, $6mil+
*Potential for buyout offers and further investments from institutions

Daz and the like, you aren't fooling anybody, George isn't perfect, but he is far from a conman and is turning this company around in spectacular fashion under immense pressure.

ACKER, I'd wager with discussions going back to at least March/April and recent road works that's it's more likely advanced.

21 Feb 2022 - Zulu Update

https://www.lse.co.uk/rns/PREM/zulu-update-jnfya5qg72n3bz1.html
"Our current objective is to secure direct trade investment into Zulu from a potential leading industry partner and while there is no certainty that a final investment agreement will be concluded, negotiations, together with legal, corporate, and technical due diligence, continue."

8 March 2022 - Zulu Lithium DFS Funding
https://www.lse.co.uk/rns/PREM/zulu-lithium-dfs-funding-lpqzhnf2zu7r2jd.html

SP quitely recovering. Only 35mins into the market, so wouldn't be surprised to see a blue finish with this news haha.

ACKER, was important to get all our predictions in an RNS.

-Production Q1 2023
-Funded via spodumene sales
-18,000m drilled, weeks away from 20,00m if not there already
-Finance due
-Assays due
-Then commence of plant production

We have confirmation, now this month we should see financing and assays imo.

Buying more today. What a huge milestone for the company.

Financing RNS will be a formality at this point and could see it landing by the end of this week honestly.

Great bit of digging Ilovelith:

Pilot Mine announced/commenced - 11th Nov 2020: https://www.prospectresources.com.au/sites/default/files/asx-announcements/61006612.pdf

Pilot Mine near completion - 7th June 2021: https://www.prospectresources.com.au/sites/default/files/asx-announcements/61035856.pdf

Pilot Mine in production - 25th June 2021: https://www.prospectresources.com.au/sites/default/files/asx-announcements/61038157.pdf

Turn arround approx 7 months from announcement to production.

Exciting weeks and months ahead.

Peer valuations in this space. There are companies valued at a current SP equivalent of around 1.2-1.5p which have no production and won't be producing until at least 2024. Atlantic Lithium is one of these companies.

So if PREM announces a pilot plant that can enter production as early as Q1 2023, then it's far from a stretch to say the SP could settle around 1p with the other news that's due too and then climb above 1p as productions nears. Going to 2p and over once revenues start coming, production increases, as a the pilot plant would be modular and the resource expands further through more drilling in Zulu and EPO.

-Funding for pilot plant
-Development of pilot plant
-RUS
-Results for EPO
-Completion of DFS
-Sale of Circum shares

Price target, as this goes into Q3 beginning July is 1p and uplift to higher than this if production comes as quickly as Q1 2023, as seems very likely now.

Agreed, because the news looks very likely that PREM will recieve funding and develop a pilot spodumene plant to become a producer in the near-term.

Sorry, yes, 1p and possibly more on plant news. Maybe tomorrow if plant news lands today, which is possible with the volumes we're seeing. :)

More likely institutional buying - who may know more than we do. Everyone and there mother is looking at lithium, so it would make sense bigger money would eventually come our way with a Chinese major deciding to fund and bac us after DD.

Someone call a plumber...

1p very possible on fastracked and funded pilot plant RNS that is expected. As well as other news.

If it lands after today intra-day or after hours, then the long awaited 1p will come quickly.

Seems like insider buying. Which implies its the news we've all wanted and expected.

With pilot, quick re-rate to 1p and gradual rise to 2p with RUS, DFS, + EPO.

Then over 2p quickly next year with production or buyout.