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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

Production may have very well started, RNS for it not released though. This will come out between now and Fri 12th imo.

Very interesting. 2 weeks makes sense to me, enough time for Mark to interview and film (5th to 10th) and right after launch production. RNS by Friday 12th if that is the case.
I wrote to IR just to see if the company can confirm the articles content.

Yeah fair enough, but those that project managed the build have done a great job so far imo. We are now in the hands of technicians and mechanical engineers that oversee the testing, snagging and reporting. Then another performance review will be required once production starts at the agreed 60% rate. Then repeat the process to ramp up to 100% production.
Of course there are always risks and dependencies but PREM seems to have mitigated against these fairly well. And the PMs have been good at keeping the project within budget, as per scope and more or less within timeline.
I am confident we are very close to official good news.

Nice to see other fellow project managers in here that understand the steps required for such a large task.
I have been exgremely relaxed and bullish since the last RNS, using these quoet periods in sp action to top up. 1.5p is not that far away.
My champagne is ready, bring on the interviews, RNS and first shipment!

Fantastic news! Look forward to that.

Love it! This is exactly what I asked IR for last week, looks like they were already one step ahead of me. Let's go!