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I think 99% of users of this board have also wondered at this.
He also replies to a thread by creating a new thread lol.
I suppose that's his signature style though.

PREM self funding would be miraculous.

But i'll be honest, not getting my hopes up too much on this point yet. But I agree that it is more positive unexpected news, PREM seems to be starting to become an actual company with actual valuable assets.

Thank you for posting Numbers

I thought the conference and presentation was tonight in Mayfair at 6:30pm?
Where is this info coming from?

I will be in Bham for work tomorrow so won't be able to join.
@Bickmaster, a few weeks ago you posted a great list of outstanding items/tasks, would be awesome if you asked about any of those.
Look forward to reading about what was said and asked, thanks to those able to make the effort!

Or a potential coup d'etat, as happened in 2017

In regards of timelines for due diligence and a productive mine launch, someone here had posted this a few months ago, found it quite realistic:

https://www.visualcapitalist.com/visualizing-the-life-cycle-of-a-mineral-discovery/

Patience will definitely be key. In the mean time, if any of the top 5 world lithium mining producers (2 of which Chinese) want to show some interest in Zulu, i'm all for it.

Cherryburn, thanks for the realistic info based on facts and not wishes or personal interpretations.

May I ask which are those 3 miners at DFS stage?

Buys rolling in, mine included that was stuck since 24 hours ago

Good post Bick, agree on a lot of points, the speed in which PREM moves is tough to handle. If you "longs" stuck around for years though, we "newbies" can too for a while more.

Google says we are up 2.98% now, T212 up 1.85%, LSE zero movement. My purchase from 24 hours ago has not gone through yet, unusually slower than normal.
Maybe lots of buys are actually pending and sp will go up fast soon again? Maybe wishful thinking lol

Thanks for sharing, good video and analysis, I also agree on the emthusiasm and buy signal.

Keep them coming!

I recognise that, and have said before how much i respect the "seniors" here. You guys with years of experience, hundreds of posts, sharing links and updates and constructive criticism are the reason why I joined this board.
You got big "cojones" to stick around that long with an SP constantly drifting, lack of news etc.

So no disrespect when I say patience as you have had plenty and I follow your tenacity.

I loved the content of both:
-we have high quality lithium and it is safe to say we may have lots of it
-we have a third rig that will arrive at some point
-we have a lab that will churn in-house results more frequently
-we have official assay results returning by end of year
-we may be venturing into gold soon. Seeing how gold is usually a fantastic hedge against inflation, and that inflation is with no doubt about to jump up over the next year or two, i'd say that is good
-we have a CEO whom cannot contain his enthisiasm and recognises that PREM is in a lucky and unique position compared to other junior miners
-finally the focus for once is fully on Zulu for now

Yes there will be a placing, we all knew that already. All you have to do is read old RNSs to understand that this is a thing that the board does almost regularly. So this is already factored in within my "analysis".
Yes it is a slow ride and there are always delays, but we are moving forward faster than we did in previous years. Patience will pay off.
Yes we may be getting stuck on other side projects perhaps but i think Zulu will naturally become the core of PREM in the near future.

I am snatching up more shares, anything below my .21 average is a blessing to me. Been with PREM for 8 months, after today's news (even with all the bad and pain it may bring) I am definitely giving PREM another 12 months! Definitrly cup half full!
(This is just my point of view and not financial advice)

1p is achievable, c'mon Zulu!

P.S. Some of you need to calm down a bit, you have allowed a delay of an RNS of 6-7 working days get the better of you and allowed for your emotions to dictate your actions. Some really nasty words and concepts have been exchanged here lately, hope everyone can find their calm zone and be more positive and supportive in the future

Snowking, judging by the amount of "likes" your message received, I'd say the board believes you and appreciates your input. I certainly enjoy your posts. I also stay positive and enthusiastic about what is to come and think we will certainly see more profits within the next few months.
Keep being you and keep posting regardless of what others think, and as Acker says, keep it as real as possible.

1p is achievable, let's go Zulu! Our time is not far away.

You make a valid point there: between the actual purchase of Zulu, "setting up shop" and production, this would take time. Time that a potential Zulu buyer and battery producer may not have.
But it does not mean PREM or Zulu necessarily get bought out by someone who is interested specifically or only on batteries. The interest of any other sector requiring lithium would still bring big names.

Hey, maybe the Zulu deposit is so vast and with such high grade content that it will still attract big fish (or even multiple interested parties).
That alone I suppose would garner some serious investor interest and raise profile.
Or maybe GR pulls a magic trick with some gold, RHA or Circum! Lol

There are certainly multiple alternatives to lithium-ion batteries (sodium, hydrogen, redox type batteries etc) that are being studied and researched. But most are at still at a non commercially competitive development stage (too heavy, too dangerous, not powerful enough...).
Having said that, undoubtedly one or more could certainly bypass the need for lithium. I just don't see this happening for at least another 3-4 years though, in the mean time I hope PREM reaches at least 2-3p, also cause lithium has still other uses besides batteries and most car manufacturers will still require classic lithium for a while.
Will PREM be late to the party? Who knows but patience and planning will one way or another reward us, there is still time for all of us to gain something here.

To your point though, It may be wise though to potentially start researching/opening small positions in one or more alternatives ahead of probable spikes in demand in the future.

Thank you for re-sharing the link, great video indeed, so good after all these months of missed steps and mixed messages to finally get operational pictures AND a video! Really glad to hear that mineralisation is visible and evident in the core samples. Third rig on the way as well. Also spodumene and wolframite prices are at good highs.
We should see some interesting price action across the next 6-8 weeks as preliminary results come in, as news of RHA and MNH come back, and potentially in November receive the final official results.

Patience will pay off, I am certain.

1p is achievable, c'mon Zulu!

Thanks for the research and sharing.
I did a mini DD on the Fort Rixon area myself and had read some of the above facts too.
Hopefully GR's political connections will allow PREM even wider strike areas and maybe "buy out" some local artisan miners. These artisan structures are actually visible around the gold belt area from Google Earth.

1p is achievable, let's go Zulu!

I feel your pain, i also usually wait half a day for purchases on PREM to go through. Strange enough though, today at session opening, i bought more and went through in about 15 minutes. It's an AIM stock with low volume after all.

Bickmaster, that is also what I was assuming, in the end these results can take 2-3 months to return so it could make sense that on our next RNS we hear about results of these June extracted samples. I guess GR sent them to Germany late June or July.

And very soon the onsite lab will be set up which will allow for quick results in the next months and digs.

Good times ahead!

Thanks, this board is super useful as always