RE: PREM-SUZHOU RNS, 8.3.22: "Conditional £12m share subscription."8 Mar 2022 18:48
George Roach, CEO of PREM said he did NOT want an offer for the co.
So, this way, as it proceeds to DFS, the Zulu lithium project become more valued.
Even at this stage, FAIR VALUE VALUATION FOR THE SUZHOU £12m conditional subcription came to 0.4p, ABOVE THE SHARE PRICE of 0.3p [mid-price] earlier. This figure was NOT plucked out of the air but M & A investment bankers would be on the job?