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You are both right. Last time the stockbox interview took a couple of days to drop, hence me saying week after.
But as RW says, it's a live event with Q&A (which i would love for us to participate in) , however, as it is based on registration, not sure if we can see it live without registration.
Anyhow, look forward to news soon.

I just clicked on the stockbox link, had not realised an interview is already lined up for 28th April. Which means it will be released Tuesday 3rd May after the bank holiday.
Thanks for sharing

Hey Hawaaii,
I agree with your intuition, i would also assume bigger development news should be out between now and end of next week.
It would make sense with the apparent activity and team presence on the ground.

I just hope the progress is positive and that it actually props the sp up as RNS and results usually make the sp drop with PREM.

Zen like patience is required, opportunities to make money are still there.
Just sad to see my profits go from +90% to +15% in 2 months but better times will return at some point.

Well said Watcher, cheers

Hi steward, i was wondering where you'd been. Sorry to hear about your hospitalisation and wish you a speedy and full recovery!

You have not missed much though, some are rambling on about "fundamentals", charts, Elon Musk, RNS that will change our lives, Chinese saving us like Superman does with Lois Lane, DFS finishing by year end, mines built this year and other wacky ideas. GR in the mean time has been releasing useless tweets.

Reality is that we are down 25-30% since the deal with the cleaning company has been officialised and since we are now "cash rich". Don't know about you but i've never seen a company desperate for cash drop 30% after they receive their much needed investment. It's usually a 30% rise.

Nothing to do but wait for now, but please focus on your recovery and all the best!

1p is achievale at some point, I hope for at least p0.5 by Xmas, let's go Zulu and EPO!

All we get nowadays are useless tweets

https://mobile.twitter.com/Premafrimin/status/1516350405122400257?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

But according to GR, April is full of exciting updates and news so watch the space! (Face palm)

I also believed that Q2 2022 would be our time to shine, our golden era.....but circumstances changed, and with these circumstances also ideas and projections change.
I never thought that with 13-14 interested parties we would sell over a tenth of the company to Suzhou. Let's be honest here, noone on this board had ever even heard of Suzhou before 8th of March.

Acker totally agree with your post, i will just add that if, and that is a huge IF, the war in Ethiopia ceases, Circum may come in very handy as a "side project", potash prices have more than tripled in the past 12 months.
Four countries (Canada, Russia, Belarus and China) account for approximately 80% of the world's potash production. And we know how business currently is like now with Belarus and Russia....this may raise interest in the Circum project and play in our favour. But it's a huge if.

Infinity, that was the only paragraph that caught my attention as well.
However, he does say "PRELIMINARY" so the full completed DFS is not scheduled for this year as most already correctly outlined on this BB.
Plus, I have learnt not to trust a single timeline that GR communicates as he has never respected his own words, so i won't be holding my breath.

Johnny, agreed that without a RUS the sp will stagnate for a while, as no matter the results received or discussions on mine planning, there are no other news that will stimulate the price (unless some type of surprise pops up like gold or a buyer for rubidium etc).

We are down 13-14% since Suzhou was announced, that tells me a lot already....

My hopes are that we find a new deal, non chinese, after our 6 month monopoly jail time is over, for the remaining 50% of Zulu's lithium. And hopefully more info/deals on the rest of the EPO.
Worth sticking around until Xmas to find out.

You too Acker, and the same to all readers of this board.

Thanks johnny, understood.
Horult, i'm on T212 as well, annoying how a purchase can take anything from 4 minutes to 4 hours.

Still searching any info on Dr. Luo, cannot find anything related to his work except some research papers on lithium from 2011.
Looked him up on the Suzhou website but besides cleaning products and cleaning services, nowhere on their website do they mention lithium.
I went to look on the Yibin Tianyi Lithium website, but can't find it! Do you guys have a website to Yibin Tianyi Lithium by any chance? Surely if they want to be one of the biggest lithium players they would have a site?

£113k bought, £1k sold today so far....why are we -4.84%?

Nevermind, the RNS of 8th March explains it, Dr. Luo was always expected to become a director:

"iv. A right to appoint one director to serve on the boards of Premier..."

Dr. Luo was to be appointed as board member as part of the deal with Suzhou....is this an extra piece of responsability and title or just confirmation of his original remit?

Hahaha yes indeed, meant to say DFS, but i had misinterpreted SK's question about selling post DFS, thought he meant sell shares, not Zulu.
Bick explained it perfectly though.

SK, my preferred approach would be to use a waterfall system: create a 3-5km2 patch on the EPO map, drill it, test it, market it, sign a jv deal or sell it. In the mean time you would have scoped out the next patch by sending a couple of test rigs over there.
Once sold, use that money to move on to the next 3-5km2 patch, and repeat.
If EPO is 57 Zulus, then surely at least 10 more profitable areas can be found.

1. Ownership of Zulu is not fundamental as there are more Zulus in our EPO so as long as it has minerals and we can sell them, fine.
2. Yes there is a good chance they will finance a mine, but I am pretty sure the at least some of the other 13 would have done similar.

You say we should be happy as PREM is cash rich....i'd be happier if we were cash rich-er.
I would rather grab 200-300 million now then give away 13% of the company for £12 that just covers DFS and some extra trinkets.

But I never said I would sell post FFS, who knows what else we find in our EPO and I want to wait until this 6 month period is over so maybe we can close more deals with others.
I agree with Acker as well, leave the mining to miners, GR is an explorer, PREM is good at creating value by exploring. We should stick to our lane and make the most profits possible and not venture out in mine building and mining.

Gemell, honestly i have no idea.
I am still trying to figure out why even make a deal with Suzhou when there were 13 other contenders.
Are the Chinese just buying resources to ensure no other western power does? Will they want to control the global prices? Will they over saturate the market and make the price collapse?
Will they want to extract lithium from Zulu? 100%.
Are they in a rush to do so? Not sure, Dr. Luo seems to be more preoccupied at finding the next African Zulu than actually focusing on PREM, hence me taking this 2022 from a back seat perspective and seeing where this goes. Feels a bit like the Chinese are putting us on the back burner for a few months.
But let's keep it simple, all i look forward to now is more results, a plan for the near future and a resource upgrade. Just have to be patient and wait.

No worries Shiny, no need to apologise.

Thanks for posting iky. PREM did say that April would be filled with news and updates, which is great. Shame the news and updates are confusing and not exactly meaningful.

Personally i stopped buying until the company shows us more than just old photos, enthusiasm has dropped. But i am definitely not selling, would be silly for me to do so now.
Happy to give Suzhou cleaning company a 6 month chance at least.
I'd be happy with p0.50 by Xmas, ecstatic with p0.6 and above. They seem like achievable targets

Hey cherryburn, thanks for pointing that out. Indeed African countries seem to be decreasing in ranking and fast:
https://m.miningweekly.com/article/african-countries-fare-poorly-in-latest-fraser-institute-investment-attractiveness-rankings-2022-04-12/rep_id:3861

Only the Chinese are capable/willing to work in such environments.....

Thanks Redtrade.

But again, I am confused. The left yellow marker reads ZDD34. But we already have results from that bore hole, at those depths?
From 7th Feb RNS:
"Bore hole ZDD034: From 68.62-105.16m, 36.54m, Ave grade 1.3 % Li2O, including:
9m from 72.82-81.82m, at Ave grade 2.02 % Li2O, and 12,41m from 84.82-97.23m, at Ave grade 1.8 % Li2O."

Is this an old picture?

The latest results from 21st Feb were from ZDD035 amd ZDD036.

Re-read the 7th Feb RNS, Agua Terra were the ones to give us those 3 additional rigs. We had only seen 1 of the 3, now this latest larger/newer one pops up, so now I am not sure if it is part of the 3 extra ones or an actual 7th drill.

"Unseasonal and hugely excessive rains have led to difficult conditions at the Zulu exploration site and to supplement drilling activities, we have engaged Aqua Terra who have mobilised another three drill rigs from their operations in Mozambique and who are expected to complete their camp establishment and commence drilling during the week commencing the 14 February 2022. Extra rigs operating will both expedite development of the extension zones and facilitate exploration in other parts of the Exclusive Prospecting Area ("EPO") where mineralisation has been detected through non-intrusive exploration methods."