George Roach, CEO, PREM interview re-visited23 Feb 2022 23:42
"Premier Africa Zulu lithium project could be fit for WORLD STAGE, says George Roach."
-Proactive Investors, 2016.
I listened to the almost last part only as I wanted to check. The interview was some 5 yrs++.
The interviewer asked George about the new hire and George said he was pleased David
agreed to come to help them. George: "REACHED CONCLUSION WORLD SCALE POTENTIAL - DAVID HAS SIMILAR VIEW." David happens to have financed etc [JV] into the No 1 ranked world's largest ranked lithium deposit [clay] which has now been taken over by GANFENG.
Fast foward, George told Zimbabwe Mining on 20.1.22 about the investors mainly Chinese
interested in taking a stake in Zulu. The PREM RNS of 21.2.22 said: "LEADING INDUSTRY PARTNER" so that's NO chicken little.
In the same Zimbabwe Mining article George said that Zulu has LARGE quantities and high grade spodumene and THAT IS THE REASON for the interest, mainly Chinese. In another interview, George said 14 interested, mainly Chinese.
I DID WONDER - LEADING INDUSTRY PARTNER INTERESTED IN ZULU at 20.1Mt @1.06% Li20?
OK, Acadia [Prospect] in Zimbabwe just taken over for US$422m for 43mt @1.45% Li20 is DOUBLE Zulu, Zimbabwe [PREM] by Houyou is LARGE ENOUGH.
So, had to check what is the EXPLORATION TARGET.
The industry leading partner would go to Zulu and check the CORES, look at the drilling going on and carry out site checks etc. They are not novices. Usually, LEADING INDUSTRY PARTNER/S
ARE NOT INTERESTED IN SMALLER DEPOSIT IE NON-WORLD CLASS /NON WORLD STAGE projects? To me, LEADING would be No 1, 2 ranked.
So, hence I wanted to check if George had said anything in the past. In 2016, people may have thought George may be a bit ? , hence why he brought in David for a 2nd opinion. CHECK: TURNED OUT CORRECT AINT IT? CHINESE AFTER ZULU PER ZIMBABWE MINING ?
I like more GIVE to my investment and usually I like to go after BIGGER deposits. I have known about Zulu a long time. Remember a chap called Zulu something that used to post with detailed technical info? Well, that is how far back I have followed etc the Zulu story.
However, LEADING INDUSTRY PARTNER [POTENTIAL] and 14 investors chasing George, mainly Chinese is what is of interest to me. PROOF: Acadia taken over for US$422m recently, Bikita taken over by Chinese and SINO also took over another lithium player , ALL IN ZIMBABWE.
So, "DISCUSSIONS ARE ONGOING WITH OTHER PARTNER/S [plural] " is interesting.
Sorry if there are typos. Its late.
Wed, 23.2.22 DYOR.