Member Info for NaPoM

just been looking at the acreage within the two assets in Mozambique and Zim....looks to me prem is getting value for money here.

For £82k, prem is getting a lot of land and licences most are suitable for open pit mining which the mining experts at MNH should be able to help with.

Thanks lucky.
Read the explanation to the questions you sent and it reflects what has been communicated to us. What is not widely known however is the offtake finance MNH has will increase with prem owning more of MNH. This will reduce the risk of ramping up production for their manganese operations therefore prem will not be exposed to that risk. Imo this manganese operation is company making on its own and its proceeds may even enable prem to develop Zulu retaining 100% ownership.

New management including a change to the chairman role as promised in the last few webinars and RNSs will be welcomed by many though some may want GR to step down completely. If you think he is going to remain at the seat forever then think again...at 72, he's at the prime age if retirement and countless of times he has indicated that he will step down but was waiting on the opportune time to do it. Now that the company has passed the resolutions allowing the company to progress it's projects, new chairman will play an important role in shaping the company's future. What is not 100% clear is who will take over. Imo Neil will be the right man for the job. He has an impeccable record of achievment in all the companies he has led and has returned dividends $$$ back to shareholders. If you're a GR hater or not, Im sure you will agree that if he takes over it will transform prem and knowing that he is currently the chairman of mnh, will hopefully pave the way to full ownership of the manganese operation. How this will be done remains to be seen....hoping that he will find some sort of debt facility or finamced partly by circum when liquidity event finally arrives.

We have been told that the EPO is very close during yesterday's webinar...many of you probably dont believe but in my opinion it is well worth the wait. Mining licence that covers the area at the Zulu lithium project at Fort Rixon will eventually be expanded once the prospecting licence around the area is granted covering approx. 22,000 hectares. Expanding the operations at Zulu will enable prem to decide wether to develop it on its own or partner up to jointly develop it. What is clear is this asset is huge....and will surely go beyond the exploration target of 80mt. Prem will have access to discover other minerals within the EPO area including gold.

RHA has held prem back for 3 years and is the cause of most of dilution suffered by shareholders over the years. But going forward, when ownership is finalised RHA will be producing revenue. First from the tailings operation which will be financed by the offtaker and mined by MNH who has a cooperation contract with prem at cost only. Cost of developing the underground mine (without building the decline shaft) will be in the region of $1.5m...prem is looking to get NIEEF to pay for this or NIEEF to give up equity and find a partner to finance or a bigger offtake. Again at no extra cost to prem. Tailings worth circa $600k revenue to prem. And when the underground is developed it will be worth 6000 tonnes a month of wolframite. Additional tonnage can be added from the open pits and will likely be developed by MNH who are curently mining operators of open pits at their manganese operations in Namibia

MNH will ramp up production from current level of 6,000 tonnes per month generating just under $1m in revenue to its target of 40,000 tonnes to generate revenue of $80m a year. OPEX for ramp up will be financed by the offtaker at no extra cost to prem. Check the latest podcast from Neil he talks about prem and the offtaker wogen. The manganese operation which prem part owns will be generating revenue from it. The offtaker takes all the risk.

If Circum IPOs, a valuation of $250m to $500m would value premier's stake between $12.5 to $25m and according to the webinar yesterday Circum will update it's shareholders soon

If Acker is a trader why does he only trade prem...looking at his profile he seems obsessed with prem. He doesnt hold a bean and more likely working on the bb for someone.

Lol Ray

Aren't you suppose to use UC to pay for food and diapers

Universal credit must be paying well acker

You cant be making much from your UC.

Bunch of losers spending countless number of hours trolling this board and they dont have 2 shares between them

Basics are you dont hold jack

Ray, all talk and no action on here or should I say no shares lol

All that bluster with nothing to back it up.

I know a couple of people who voted against which means the resident trolls on here hold jack sheet.

28m shares lol.

28m shares lol.