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You'd think they would fix that quickly and maybe add an edit button so one can correct the mistakes.
President personal secretary was on site, President will most likely be coming to Zulu for the opening ceremony. Great news just keeps piling on top.
Thank you Red, you are right to correct my wording.
Fresh news from site in the mean time.
https://twitter.com/StockBoxMedia/status/1655823693619052545?s=20
By the way, anyone else find this latest LSE update weird? Messages read chronologically from bottom to top instead of other way around and all posts timed 1 hour back. Strange.
Phenomenal interview with back to back positive news and announcements. It all almost seems like a dream that has finally come true.
By end of Q2 and even more by end of Q3, the sp will be in a very different place.
In regards to a potential placing, this is a non issue to me that i had already factored in. As a matter of fact, 5-6 weeks ago i believe Acker, myself and Cosmo agreed that a placing may be required a
and acceptable. We were of course called derampers and such.
PREM will become a household name in Zimbabwe, will be a success story within AIM and all LTHs are going to make some unbelievable profits! Watch out for that Li3 project and sales of other ores, these may bring new and unexpected revenues, sooner than we think.
Well done Gr and thank you Dr. Tony for your participation and unwavering belief in PREM.
1.5p by end of Q3 is doable! Let's go PREM!!
To be fair we had a few RNSs between 6pm and 7pm.
Redtrade, I am pretty sure Mark is also personally invested into PREM so it will also be in his interest so dig as deep as possible.
Today would make sense as it would anticipate what Mark can actually ask, hear and film. Otherwise definitely next week.
Exciting days!
True but i would count all the spodumene extracted during this testing and optimisation period to be part of the initial stockpile. Won't be tonnes but it still counts as part of a first shipment right? I am sure they are trying to be as efficient as possible seeing how money may be a bit tight at the moment.
Next week should be great.
It keeps saying PREM began production last month, i tend to believe them. Stockbox interview and RNS with good news next week imo.
https://www.chronicle.co.zw/premier-optimising-plant-at-zulu-lithium-project/
Dazed, i may be mistaken but did you not say you were in contact with GR a month back? What's he saying on this? IR is always nice and helpful but whenever i raise questions around opening ceremony/actual production start, i obviously get ghosted.
Snowking was right back in 2021 when he use to say that PREM will be printing money, he was just ahead of his times ;-)
Let's gooooo!! We are golden!
https://youtu.be/aqwcZIgLokY
Alert, you are 100% correct imo. He even met the President during his visit, obviously big investments were discussed. If this battery plant actually happens, it will be huge for PREM and Zimb, regardless of buyout or continuous partnership. This whole project is getting larger by the month! Let's go PREM, future is very bright!
Jenkoo, agreed, our journey between May and end of September looks glorious!
Back to back great news RNS. Good day today, Mark at Zulu next week, next RNS about test ending, production and shipment! Let's go PREM!
Acker, got the below reply from IR:
"At the time of the Deputy Ministers visit they were busy with optimisation on screens and mills and likely not producing at that moment.
It is incorrect to say that we are only operating in two weeks’ time."
Seems like that visit was indeed earlier than yesterday as some of you alluded to. Also, she makes it seem like production HAS indeed begun or will begin earlier than 2 weeks?
I wrote back to clarify, will let you all know.
Yeah agree 100%.
We are close but not there yet.
Funding we knew we probably were going to need already so no shocker.
Acker, some revenge for yoy against those attacking you saying you were de ramping when speaking of delays, extra money requirements and production/first batch post April.
See, told you RNS between now and 12th May.
This confirms we are not in full 60% production yet, testing still ongoing.
Mark Fairbarn will report on its near completion and success story.
RNS says "further near term updates to be rovided soon" so we should hear back with another RNS in mid-late May.
Totally agree Acker, wait till July and August when full 100% shipments are sent out. We should see 1.5p by end of Q3 (and you know I always low ball)
Very good point Cos, that 2017 RUS is way off from the reality. When news officially drops of quantity and quality at Zulu, this will re-rate.
We even have a video of the minister at site speaking (barely audible) and all timestamped as yesterday.
https://youtu.be/nO5WA1LHWQg