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Hi news, I saw that comment as well last night. I think what they mean with "Tesla confirmed" is that GR confirmed that we have a relationship with them and that our lithium may end up in their batteries.

I assume the person writing it was not aware of the full deal (Suzhou owns 75% of the lithium producing company that in return feed the processed lithium to CATL. CATL provides lots of batteries to Tesla, amongst others.)

Below a cool breakdown of the battery giants dominating the space currently. It's somewhat comforting that PREM will be feeding the largest battery producer on earth:

https://ibb.co/c8Rh003

I agree steward, i think at least 1.5p for PREM is a possibility. But still hope they retain some independence and it stays UK based.

Jenkoo, indeed, if this drops below .26 i will grab some more....i haven't bought since since March 8th, but i can see more potential in the medium term now.

Let's look forward to whenever the RNS and RUS get released....i seriously doubt it will be 2 weeks but patience and faith are still key.

Acker, surely you see some positives too right?

Yes indeed Bick, i call that rule the monopoly jail time. I doubt we will get any other interest or financing during this period. But i am hopeful that by the end of this period we will be sitting on a stable 0.4. In the mean time results and RUS will be out and that will be a magnet for other interested parties. Then if Suzhou want to have exclusive rights, sure, might as well let them match any offer PREM receive.
I just hope PREM and GR are given more time to explore and develop and that we won't be owning a Chinese stock this 2022 yet, not a big fan.

Sorry to hear you've been selling more. Situation is a bit frustrating and clarity is close to zero, this will move very slowly, but there is still money to be made imo.

This interview gave me enough fuel to stick around another 7 months.

1. Bickmaster, congrats and thanks, your questions went from this bb to Mark's hands. I appreciated other's inputs and questions too, degrasse and others.
2. GR waffled a bit and dodged some questions (boy, he enjoys the sound of his own voice and can't stick strictly to one subject) but overall he gave us a couple of things to look forward to
3. I don't believe a single timeline he mentioned, i will keep my expectations low for the time being in this regard
4. I actually like the idea of a pilot mine, potentially one in Zulu and one in the Li3 project. It compliments the DFS and could bring some cash, not a bad idea
5. The Chinese are in the driver seat, GR in the passenger seat, we may not see him in 2023. This is not a bad thing either but I hope PREM is not fully bought out quite yet
6. Chinese want lithium and they want it fast, this is a positive for us investors
7. Lack of clarity around some points was frustrating but I suppose we should wait a few weeks until results and maybe a RUS are released, maybe even a final decision on their plans and review
8. Did it make me want to buy more? Not yet
9. Did it make me want to sell any? Definitely not
10. I plan to stick around until Xmas where I expect 0.5-0.6 to be our stable sp level

Overall a decent interview, got more out of it than I had expected.Market reaction does not surprise me at all, we may be lingering at these sp levels for a while until official RNS are released. No RNS, no party!
Hope has not quite yet left the building and PREM has not been is such a constructive phase in 5 years.
6 out of 10 stars!

All of a sudden Leicester-Roma is more important than my multi thousand pound investment in PREM.
No RNS, no party!
Will read your comments during half time.

Thanks Jenkoo. I am kind of enjoying seeing these videos, meeting Jabulani etc. They don't have massive value per se but in the long run they help pieceing the puzzle together a little bit. Better than complete radio silence. I wish they threw a couple of maps in there as well.

As of tonight, all that hype and pumping from last week, seems uncalled for now. If no RNS by 7pm, i think i'll watch the footie instead and catch the recording later.

A fine list Mr. Bickmaster, thanks.
Receiving even just half of those answers would appease me.
Fingers crossed for an RNS by 7pm tomorrow, otherwise the interview and Q&A will be a sad affair unless there are news that will blow everyone out of the water.
I'm certainly not holding my breath but as always, remain hopeful.

Regardless of RNS, updates and interviews released, the real question stays the same: will they land and will they stick, or will the price drop again?

I patiently await end of trading day, Tuesday 3rd May before i pass judgement.

But like others have said, i remain skeptical and indifferent to this latest wave of hype. PREM needs to show me something important before i continue buying.

And with the prospect of more gold....the Ligonha priject has revealed some decent gold standards found so PREM has some experience in that field already. Could becone a small cherry on top of the Zulu/EPO cake.

But others are right, main focus is and will be Zulu mainly.

I was not aware of the abuse, was not invested in PREM at that time, but this is a nice little side project that we can bank on now and in the future. Seems a bit cheap but i have no clue what kind of Li and to what quantities and grade are present there.
An unexpected but positive surprise, not life changing but still cash in the bank.

Hi Red,
Where did you read about two seperate payments of £250k?i just see one investment of £250k but may have missed something.

This is good, I am glad GR took this opportunity and made a profit with this 2 year old asset. GR is a good explorer that knows a decent opportunity when he sees one.

Does anyone know if PREM had done any drilling and testing there before? I wonder what the Li2O quality is like there.

And I don't know about you guys but I keep seeing GOLD being mentioned more often lately, this lot of land is not awfully distant from our Lingonha Gold Project.
**rubs hands together in preparation of future gold exploration**

Oh wow, did not even know we owned this piece of land, had not heard anyone here talk about it. This is unexpected good news, well played PREM!

Thanks degrasse, please keep posting such info next week as well, i also find it useful.

SK, that we will see .35-.40 next week is now a given, whether it stays up there and keeps going throughout May to get even close to 1p is a different matter. Truly hope you are right, you can become my walking-talking DD.

Johnny, as it is just for fun, here is my 2 pence worth:
1) Batch of positive results from at least 5 bore holes
2) Confirmation of Dr. Luo's presence and/or direct involvment on the ground and not just scouting work around Africa. This would mean Suzhou intends to have a plan in place right away. Would somewhat explain the flurry of activities on the ground recently
3) New Li deposits found in the Zulu area
4) Maybe new Li deposits found in step out zones of EPO
5) Maybe a draft high level programme of works for the next 6 months
I also assume GR will be asked about DFS progress, a RUS and a plan.

If the above drops positively and sticks, we will never see .2s again.

Oh, so now the tune has changed already? No more 1p in May? It's end if May-June now? This next stockbox premiere will not be transformational and insider knowledge is not at hand?

You guys change tune and sentiment more often than I change my socks.

Like I said, i am going to wait for end of Tuesday 3rd May to see how the market reacts.
Would be more than happy for PREM to change its ways and move forward finally. I like humble pie so bring it on.

Of course, who would be unhappy at 1p??!!
I'll wait after the news is released and the market reacted before i get carried away.
If price stays up than SK will be right and he will be in the know.
Which means all we have to do here is wait for him to post super enthusiastically and then buy or prepare to trade from that moment. No more DD required.

That there is a rise ahead of an RNS and updates does not surprise me, we've seen it a few times already.
Question is: what is the news? Why will it be transformational? And my all time favourite: How is the market going to react within 48 hours of the update and/or RNS?
And is all this confidence based on insider knowledge? 1p in May is a very bold statement.

I have lost enthusiasm since Suzhou joined and stopped buying. I am not happy we dropped so much after finally having resolved the cash issues.
Timelines and way forward are muddled, I can't see progress in a linear fashion anymore......but even I don't dare to sell, sorry to hear that some took a loss.

I believe we will see a rise leading up to the interview, as usually happens. So no charts required for such an event.
However the big question is: what will happen to social media chatter, the sp and volume AFTER the interview and updates?? That's where we find out if the proof is actually in the pudding.

Unfortunately LTHs have seen the sp drop countless times on the back of what was supposed to be great news. Will this be our turnaround moment? let's see in a week

A stable p0.5 by Xmas is all I want....not too much to ask right?

Snowking, unless you have serious insider knowledge (which i don't think you have), 1p in May is a really bold statement. I won't mention the other cavalier things you said, but 1p in May? Seriously? I'll be reminding you of this one in 5 weeks.

Thanks Redtrade, post it again on the 28th please