Member Info for M_Night

Yes, 2-3mil USD required for the remainder of the DFS and with Arcadia going for 422mil, I can envision 5-10mil offers for a small slice of Zulu at present.

Would give us what we need for RHA and to crack open the EPO zone more aggresively this year. With 14 parties sniffing, I think we are going to get a good deal very soon.

Post resource upgrade and DFS completion this year, Zulu's value should rocket and we have the maiden exploration and early indiciations to give us confidence that this will be the case.

The real icing on the cake would be some early indiciations of whats in the ground in the EPO zone and its good to see the drilling via that RNS today.

Perhaps a more detailed RNS regarding the EPO drilling plan would help lift the share price ahead of the bigger and more imminent news.

Been there since December, so hopefully we we'll get some early indications in the not too distant future.

https://twitter.com/Premafrimin/status/1483766701216968708?t=r1Skf8KU-Qk-RGOIRDl1gQ&s=19

Agreed. This is the last chance to buy sub 0.70p imo.

So much news due and the share price is at a 1.5 year low. With the placing completed in November there are no funding concerns either.

Going to move up today.

Look at the share price movement Jan-Feb 2021. MMs enjoying mugging weak holders off during moments like this.

This will recover and then break 4p once the market digests the progress, extremely low mcap vs the cash and revenues.

Decent sized background buys sneaking in today.

Further tweet:

https://twitter.com/Premafrimin/status/1483433264320757760?t=-YAiHviU0bgPd7vRql2dxQ&s=19

https://twitter.com/Premafrimin/status/1483373113081569280?t=ZOBlE2Q-rkeC3GiJvR6DhQ&s=09

Nice catch!

They're running a tight operation here.

Gladly holding this for the long-term.

They have the gold resource, the mine, the expertise and most importantly the motivation to make this into as big of a success as they can. Especially as they have so much of their own skin the game.

It's a rare find this. :)

They are already now pushing to focus on producing 25,000oz as per the recent interview.

On top of that the resource will keep growing this year..

An absolute no brainer and the communication from the board is astounding, via social and investor channels.

Beats every other smallcap mineral share I know of.

At 0.20p, we are valued at sub 40mil mcap.

At 0.25p we are valued are at about a 50mil mcap.

All whilst we anticipate offers over hundreds of millions this year post DFS in.

Someone happy to buy £20k at 0.20. Feels different to the last rise, bigger buys, including that £80k earlier.

Seems to the share tallying about ETX was spot on. No big dumps the past two days nor today, during normal hours or after hours.

Leeetss gooooo.

What we know is happening right now:

-the assays are coming very soon back from the labs. Anticipated to be this month.
-the resource is going to be expanded significantly beyond 20mt, as the 20mt was calculated from minimal exploration.
-there are 14 parties, maybe more now that have approached to fund PREM for a slice of Zulu.
-that George wants funding for mine build too as part of the deal, which will put us on Pilbara trajectory
-that the price of lithium is at an all time high
-that Arcadia in Zimb was sold for $422mil (when the Lithium price was -50% from now) and George believes Zulu will be bigger and valued above that - post DFS
-that the DFS is on track o be completed this year in Q2, if not Q3, just months away
-the President of Zimbabwe personally commented about the Arcadia sale and welcomed it. https://africa.cgtn.com/2021/12/25/zimbabwean-president-welcomes-chinese-miners-acquisition-of-lithium-mine/
-COO appointed
-Prem have listened and massively improved their social game.
-We are undervalued, no questions about it.

Perhaps bigger news will land next week.

Another company listed here, Scotsgold.

Mcap £43mil and up 8% today.

Q4 production RNS.

-Q4 2021 production to 31 December 2021 ('Q4 2021') totalled 1,508 ounces of gold
-· Q1 2022 gold production guidance range is for 1,400 to 2,200 ounces of gold
- Significant progress made at Cononish Gold and Silver Mine ('Cononish') in Scotland as the Company targets production of c.23,500oz p.a. run rate of gold by Q1 2023

GCAT, half the value, likely higher production already and aiming much higher than that.

Can see us well over 2p by the end of Q1 and aiming for 3p.

40p today and 50p + next week looks doable.

People were paying in the 40s on relist BEFORE we had a discovery valued at tens of billions.