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Acker, to support PREM you need to vote, to vote you need to own shares. Your support implies you have bought back in recently?

Could be, hence me wanting a proper DFS route and JV 3 years ago, but Snowking kept whispering in GR's ears about taking the "cowboy" route instead. If Graham can show the real potential of Zulu by year end (not the potential on paper or word as per GR, I mean the actual ore and plant functionality) I trust Canmax would extend further.

If Canmax take Zulu then PREM will not be on the list. We need that deadline to be extended, no doubt about it.

Huayou to start Zimbabwe lithium sulphate production early 2026 (Arcadia mine). The company and other Chinese metals firms Sinomine, Chengxin Lithium Group, Yahua Group, and Tsingshan Holding dominate Zimbabwe's lithium mining, producing concentrates and shipping them to their home country.

We can only hope that one day PREM and Canmax will be on that list.

https://www.msn.com/en-us/money/markets/huayou-to-start-zimbabwe-lithium-sulphate-production-early-2026/ar-AA1ODLyF?ocid=finance-verthp-feeds

Yeah good interview, fair play to Graham, he is much more pleasent to listen to then George whom would waffle on more than a dutch pancake house. Concise, professional, and clearly a man with a plan. In Graham we trust.

However, it's all meaningless unless they can finally get the plant to produce with continuity, at good recoveries and grade, but especially with the longstop date extended by at least another 6 months.

The vote will pass, guaranteed, so no worries there. Come on Graham, get those pipes working!

I hope at the GM someone asks Graham what the chances of survival are past New Years and how likely Canmax will extend the deadline. I know he said he likes a challenge but ffs, 4% grades?? more parts needed?? really demoralising. Am down 95%, there's literally nothing left.

Motion will pass, Canmax will support it, they are happy watching PREM dig its grave....no point for retail to vote no. Fear and desperation will make retail vote in favour.

Like we said, dilution was guaranteed, only the blind and the obtuse failed to see it coming. And there will be more, 5-6 billion shares is nothing. But keep the rockets coming. Hey Snowking, October big month right?

Reverse splits are terrible, clear sign of companies in financial distress, dilution is around the corner.

Snowking use to know, or at least he thought, but he was just being fed lies by GR, telling him.promises he couldn't keep. Now Graham keeps him at arms length so he gets no insider info.

Expecting an EGM RNS soon and/or some type of operational update, good or bad.

1000% guaranteed

Why so sure?

Yes Jag, that is unfortunately a card canmax can play. Investors are guaranteed to vote YES but Canmax has two options: show support and belief and vote YES (and maybe even extend the contractual deadline by 6 months) or show frustration and vote NO so they can take it all on New Years Eve. The next 10-11 weeks are really make or break for PREM.

Exactly, but most noobs here prefer to believe in alternate parallel universes made up in their heads. I'll be happy to get GR off the books and about time some creditors got paid. Obviously the hope is that with the funds they can get operations up and running once and for all, because if not now, then it's lights out for all of us by end of year (unless Canmax generously provides yet another contractual extension)

If no magical investor steps in with millions of dollars (very highly unlikely) then heavy dilution is around the corner. You must be thick or blind not to see that.

Agreed, knowing that massive dilution may be around the corner, or even worse the project being sold off, with the plant still needing more work, it would be madness to buy now. Debt levels are ugly (current liabilities exceeded current assets by $54.4 million). Unless you firmly believe that PREM can secure additional funding from a secondary offtake partner but that seems like a carrot dangling more than an actual potential solution. I assume EGM RNS by end of next week if no other miracle manifests itself.

Acker what do you reckon are the chances of Canmax allowing a further extension of the 31st Dec deadline?

Out of desperation, investors will be guaranteed to vote for dilution. But according to SK, goldduck, fell, annunaki and others, production is around the corner and PREM will be funding itself and RHA will be up and running soon.

Jokes aside, massive dilution and consolidation is the only way forward, but it's also the very last chance for PREM to get that plant sorted, otherwise it's game over before the new years champagne can be opened.

Love how some went from "big month coming, optimisation and production soon, Zulu will fund itself, tantalum the new gold, p0.03 around the corner etc" to "nothing has changed, we all knew the RNS would say this, dilution will be fine etc." Smoking copium and doing lines of hopium. Ignorance is bliss they say.

As always, very promising project but still "jam tomorrow". PREM needs funds and needs them fast. Either someone steps in with an investment or it's off to yet another huge round of dilution we go. Acker was right, nothing good to come out this side of 2025.

TRUMP OFFICIALS SEEK EQUITY STAKE IN LITHIUM AMERICAS ($LAC) AS PART OF RENEGOTIATION OF $2.26 BILLION LOAN FOR THACKER PASS LITHIUM PROJECT, TWO SOURCES TELL REUTERS.

Watch the PREM perma bulls now say Trump will buy Zulu.

Yeah this aged really well