Member Info for M_Night

Its the combination of developments that excites me. I also dont expect good results only to get us over 0.50p and eventually 1p.

-Assays likely by the end of Jan.
-JV update or deal likely by the end of Feb/March
-DFS may be completed by the end of April
-Further EPO exploration and results Q2-Q4

Coupled with the market climate, in a short amount of time Prem will be a different beast. The skepticism will quickly end and the wider market will see the potential we can as early investors. That this can quickly grow in the same manner as EUA, GGP and Pilbara.

On a side note, another sizeable after hours trade reported. Looks to be a buy. Big buyer(s) accumliating from sellers here, as many have anticipated.

Half a day of trading left and then we open in 2022.

Have a feeling George will be delivering us these drill results in the first half of January, as he reiterated they'll be ready early Q1.

Yet still only a 30mil mcap whilst targeting an "initial" 60-80mil ton resource in just the smaller Zulu zone and not factoring in additional step out exploration and the wider EPO (+57x).

George bullish as well in the interview I linked below where he mentions assays will be coming early Q1.

That would imply January, which is now 2 days away and essentially just half a days more trading after today.

Now think about the rest of the world.

https://www.bbc.co.uk/news/live/uk-59825655?ns_mchannel=social&ns_source=twitter&ns_campaign=bbc_live&ns_linkname=61cd8cf9d299cd67a81138af%26Government%20to%20triple%20supply%20of%20lateral%20flow%20tests%20-%20Javid%262021-12-30T11%3A00%3A31.755Z&ns_fee=0&pinned_post_locator=urn:asset:5d681b79-3ac7-499f-b51f-9a4a948d578d&pinned_post_asset_id=61cd8cf9d299cd67a81138af&pinned_post_type=share

-Nairobi, being the first mining company on the exchange will be attractive to investors in East Africa and will bring in a few more big holders. This should be announced within the first week or two of 2022, as hinted by Jason.

-We have the Nyakafuru Reefs application to look forward too which will add an additional 500koz to our current resource

-We have a lot of very promising exploration underway at Kilimapesa and I see no reason why the boards excitement for this won't pay off

-We would have produced around 900-1100oz of gold this month and once this has been RNS'd the market will wake up.

-2022 we will see a minimum 12,000oz of gold produced and sold through Kilampesa alone and that would bring in over $21mil revenue at the current gold price.

-The markets are going to rebound sooner than we think, as fears over Omicron beginning to subside.

I could also see GCAT easily exceeding 12,000oz gold produced in 2022, as that seems to be their low ball estimate and us having a 3mil oz + resource.

When you factor in everything, including our existing 1.5mil oz resource, GCAT is a steal at at a sub 17mil mcap. I'm expecting 3p to be hit by the end of Q1 and 5p+ by the end of the year as so many parts will come together quickly.

Good luck all.

https://youtu.be/crgqlOHXfTQ

???????? - ?????????????? ???????????????? ????????????????
Initial exploration target of 60-80 million tonnes
Deposit remains open at depth and along strike
Maiden Resource Estimate only covers 35% of original Zulu claim

https://twitter.com/Premafrimin/status/1476477927780986884?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

Definitely. I would wager its already happening.

@Acker nice list of notable holders at Pilbara.

All the largest trades being reported after close yesterday and our steady rise would suggest we have a few large background buyers. I'm sure they'll happily swallow whatever PI's sell down here.

I agree that we can go on a similar trajectory as Pilbara from here.

https://www.premierafricanminerals.com/zimbabwe/zulu-project

" Following the Maiden Mineral Resource Estimate on the Main Zone and the discovery of the New Zone, Premier believes that the potential exploration target for Zulu is around the 120-160 million tonnes."

+EPO zone (57 times larger).

Difficult to say, but I'd lean towards it perhaps being a stake builder purely because of how frequently and aggressively we're now seeing lithium projects being snapped up.

Next few months are going to be very interesting. I am happy to have my position set and before the news lands and the herd arrives.

Listed as sell, but fairly certain thats a buy.

Likely Monecor/ETX . I have been in a few shares where they declare a position around a recent placing and then within a month move on. Even though many of these shares then rise considerably shortly after.

That's jus their strategy and they probably make a killing considering how much they throw in!

If it is one of the interested parties looking to acquire cheap shares and silently build up a position, then it's all the more reason why PI's should hold their shares at this silly level where Zulu's resources are only valued at just over 30mil.

Now some nice delayed buys being printed. 15mil to start.

Positions being built before 2022 kicks in 3 more days and the anticipated news starts landing in Q1.

Was traded off exchange between 2 parties. So a seller and a buyer.

According to Keith who has access to L2 and what not.

Could be the off-take/JV partner....

Getting tired waiting here. Tempted to put my money in Caracal (GCAT) instead. Simply has better fundamental and is years ahead of this. Can envision 10bags there in the medium term, whilst here its speculation over fundamentals.

Its frustrating, but means there's lots of bargains around for gold about like Shanta, GCAT and even GGP a short while back.

Zulu Lithium JV Agreement
https://premierafricanmineralsinvestors.blogspot.com/2021/12/zulu-lithium-jv-agreement.html

For any that missed it.