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I assume i missed a bunch of posts lately, he seems rational and knowledgeable, almost thought he was an insider at first lol

Cosmo, welcome, i enjoy your posts.
Are you invested in other lithium plays?
What are your price predictions for Xmas? And once production starts?

Yes Aim, i also worry that heavy rain might cause difficulties/delays although i am sure they factored this in their plan.

Jenkoo, cheers but how did you calculate the weekly costs?

Got to admit that, so far, their project managers, architects, planners and engineers are doing a great job.
I hope we stay ahead of schedule even through the dam build as it is scheduled to be completed Jan/Feb and through the arrival of plant parts, installation, trial run etc.

Loving this slow organic growth.
Come on PREM, all I want for Xmas is a stable p0.5-0.6, you can do it!

Even Chinese producers of cleanroom and electrostatic discharge control products have jumped on the lithium band wagon ;-)

Wolf, Hammered, was not aware, besides PREM, I am not a big AIM investor. Cheers.

Well spotted gemell. I agree with you, would make sense for PREM to start talking about full production across Zulu, or other EPO area, in 2023.
We are well positioned here, finally at the right place at the right time.
Shame that volume collapsed today....800 million yesterday, barely 150 million today, weird.

Hi gemell,
That I am aware of, besides PREM, we have:

Mexico nationalised their resources and they created a lithium producing company. The company will be called Litio para Mexico, or Lithium for Mexico, the decree read, and will begin operations within the next six months.

EnergySource and Controlled Thermal Resources, or CTR, are also developing joint geothermal-lithium facilities at the Salton Sea (probably going live early 2024 though).

China’s Sinomine Resource group acquired Zimbabwe’s Bikita Minerals, the only mine in Africa producing lithium as of 2021, in January. The company plans to ramp up production to five million tonnes of lithium per year by end of June 2023.

European Lithium wants to start mining lithium in Austria by the end of 2023.

Various producers (especially Chinese) are ramping up production in 2023, see Global Lithium as one of the examples.

Just realised that Savannah has luckily put on hold their project in Portugal. And luckily RIO's project in Serbia has been shut down. So not all "bad" news :-)

Let's hope not too soon....a few lithium projects are going live in 2023 and my worry is that they will flood the market with lithium, dropping demand and therefore the prices.
Luckily PREM is at an advanced stage already so we should reap benefits before demand slows down.
Zimbabwe lithium will be at the forefront very soon.

More reference, fresh off the press:

https://stockhead.com.au/resources/monsters-of-rock-this-monster-deal-shows-just-how-wild-the-lithium-ride-has-been-in-2022/

We were commenting on how stable PREM has been in the face of bear markets, wars etc.
JG made it visual.
https://twitter.com/jamesgoozee/status/1584417836339843072?s=46&t=0lSL2DpCk7LNyidj7K0ypg

Volume is high today, should be a good week ahead of us.

Acker, Wolf, i believe you were here during the 2015 rha flop. Stumbled upon this just now, made me chuckle.
https://youtu.be/ZViWE8rKbhI
PREM and GR have come a real long way since. We are all in a way better place now.

I am still coming to terms of having left the 20s.
Leaving the 30s behind for good would be amazing.
A stable 0.5-0.6 by xmas is hopefully starting to build up, i have a feeling general interest in PREM and a RUS before xmas should do the trick.
All positive so far, good interview, good RNS, should be an interesting Nov.-Dec.
Have a great weekend all!

Thanks Alert.
I believe that is the area where the plant will be located? Cutting bumps and hills and filling depressions to make the ground flat for concrete slabs that will hold plant parts.
Bick am I way off?

Hi Johnny, i emailed them this morning at 9am, by 11am I had the reply in my inbox.

Colonel is right, that slab will be for a mess hall/kitchen for staff (confirmed by IR). Plant equipment will be away from camp for obvious reasons.
I also asked if we could receive any project progress updates anytime soon but no confirmation of next updates was provided.

I have been saying it since May....i would be extremely happy with a stable p0.5-0.6 by Xmas and even that is a tall order imo.
Only fears for now are the macro economic situation and the prices of lithium coming down.

More snakes and ladders to come but no panic from my side, just patiently waiting after accumulating shares for 18 months.

Thanks Bick, did not know such recent imagery was even available to the public. Will look into it.

Cool tweets, i wonder where he/she gets such recent satellite imagery?

Hi Alert,
Thanks for the info and for enquiring.
Seems fairly straight forward then: money is trickled down to PREM when required, about $10 million left for PREM to use. And apparently they don't need to RNS everytime they ask/receive this money.
Hopefully we get a new progress update by month end. Cheers.