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Yeah the rebels are closing in and international community fleeing, i suppose in that sense the conflict may be over soon. But the international community may end up stepping back in or refinancing the "legitimate government"...let's see.

Either way, Circum will not be profitable and won't need to be discussed for a while.

Yeah glad we put this topic to rest for a while. The news is a positive one in the sense that it is another signal to the market that focus will be mainly on Zulu.

I just hope PREM takes advantage of the SP rise of these past days and release Zulu news promptly. It would be a shame to waste this foundation and momentum by delaying news and allowing us to go on a "PREM drift" again.
Come on George, release the beast and let's take this to 0.3!!

My favourite part of the RNS:
"In my view, the letter to shareholders is positive and with an anticipation of the conflict in Ethiopia reaching a settlement..."
LOL! rebels are encircling the capitol, atrocities happening on both sides, UN, African Union etc cannot come to an greement, situation is so bad that the German and French embassies have been evacuated this week. Not sure where GR gets his news from....

Finally, today the SP held up nicely, with no major swings. Up 13-15% from last Monday.
The tinder has been placed and if good news comes out soon, that should spark the rise to 0.3!

Let's go Zulu!

Hoping this never happens to us, but underlines the unpredictability of governments and their natural resource "exploitations".

https://www.ft.com/content/74521753-c47a-4f1d-900f-8272f10e9305

Pressed post by mistake. Full message below.

Very interesting indeed. How wonder how long Millenium took to complete its DFS.
The Canadians had recently sold Neo Lithium to the Chinese. Now outbid them for another Argentina mine.
Funny how Ganfeng is the largest shareholder of Lithium Americas.

AlertRNS, Zulu's potential is incredible, at some point someone will confirm interest, it can no longer go unnoticed.

Very interesting indeed. How wonder how long Millenium
The Canadians had recently sold Neo Lithium to the Chinese. Now outbid them for another Argentina mine.
Funny how Ganfeng is the largest shareholder of Lithium Americas.

AlertRNS, Zulu's potential is incredible, at some point someone will confirm interest, it can no longer go unnoticed.

Redtrade, hopefully you are right, we really need some positive info and a boost asap.

Seeing how you all went quiet these days and seeing the "yo-yo action" of the SP, I thought you all turned traders this week and forgot to send me the memo LOL.

Another week has gone by with no updates, no news, not even a clever tweet to keep us enthusiastic while we wait and watch our SP wake up only to fall back into its coma.

Hopefully next week not only we get news/results but these actually boost and keep the price up as Acker says.

1p is achievable....at this pace we might get there in 2032 but it's still achievable :-) Let's go Zulu!

Indeed....there is no telling when the RNS comes out, let alone the content. Maybe we get a sprinkle of Circum too :-D
The important part is that the market reacts positively to whatever comes next.

Yes, a breath of fresh air to see blue again. Hope you are right so we can finally find out if the market is happy with the official lab results.

Thanks all, i kind of figured as much, worth a try. My mining inexperience shows at times. I am bored of whatching our SP go into a coma, was looking for something to do LOL.

I suppose it is also impossible to know if the other 56 areas of the EPO have same, less or more content. Also they may have higher or lower grades. Which would make the comparison of this first area to the other 56 areas like comparing apples to oranges.

Hoping someone can calculate this amateurish question for me if possible....

Knowing that we have only drilled 1/57th of the EPO area and knowing more or less the quantity present, if we were to completely mine and extract it all from this single section only, how much lithium would PREM extract?

I would like to compare this potential quantity to other miners, which would also help me understand better the actual size and potential of the entire EPO area.

Thanks all

Thank you for sharing, you are definitely right about one thing: this is turning out to be a looooooong hold. Zen like virtues are a must lol

Great post @Alert, i appreciate your positive spin. Hope you are right about the flurry of activities.

Had never thought of the option of sectioning Zulu in segments and maybe selling them individually, interesting point, cheers

Weird move tbh, the prime minister was very anti crypto until just a few months ago. Then he had a visit in the middle east, and now he is all in favour.

Zimb obviously needs new revenue streams, especially seeing how this is more or less working for El Salvador whom are using the proceeds for schools etc. (There were some scams and scandals with the crypto wallet company).
There is also a big positive in using crypto for money transfers (which are pretty big in Zimb) as that would drastically lower transfer fees.
Another positive I take away is that proposing crypto legalisation is another example of how Zimb has been "opening up" for modernisations and investments.
Whether or not it will happen and what this would mean for PREM directly though, i have no clue.

Thanks Acker, been stacking Nel Asa and PLUG shares for nearly a year now, going through the various peaks and valleys.
I believe Nel Asa (D7G) is on the German stock market, that was the option I had on T212.
I assume (OE4Q) is the Oslo exchange instead.
Great bet for the future.

Bick, glad you can relate. I am sure that you, as me, would have lost your job by now if you had communicated (or not communicated) properly on progress, showing where you were, where you are and what needs to be done to get to the goal line. My stakeholders would have my a$$ if I managed their expectations the way PREM does with us.

Steward1, that GR is out of depth is even acceptable, as long as he has a proper team around him. But he does not, so as you say, I am also putting a lot of faith into a COO that knows how to manage progress, close out tasks that have been outstanding for a long time (as an example, what's up with Mozambique gold after Nov 2020 assay results? Where is the timeline, land and agenda dates promised for 2021?
https://www.proactiveinvestors.co.uk/companies/news/935399/premier-african-minerals-says--what-we-have-found-compels-us-to-do-additional-work--in-mozambique-935399.html )
and communicates frequently and effectively.

Luckily my hydrogen plays have been booming this past 5 weeks, at least they counterbalance my losses in PREM.

I still believe in 1p, frustration kicked in but hope is unwavered, let's go Zulu!

You are correct once again Bick, PREM has no clue of how to take their clients "on a journey".
As a project and implementation manager, it is really frustrating to see the lack of a project plan, an established timeline, identified risks and mitigations, updates, comms, lessons learned, success stories and a total lack of guidance.

Only thing we can do is be even more patient, keep believing in Zulus' massive potential and hope that next news and RNS boost the sp.

I truly hope you are right Wolf, fingers crossed we get some more positive results this week or the next then

I get it Steward, i am just desperately trying to cling on to something else besides the massive potential of Zulu, which is now obvious to everyone.
If news of a third rig, first LIBS results and more progress on the dfs (19 holes now compared to 10 of a few weeks ago) have not raised the share price, i am wondering what will.
I truly hope we don't get to xmas that we are still sitting at .20