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Just a curiosity....if the lab is arriving and being set up, what core results are we expecting this week? Are we waiting on results from previous cores that were extracted in June and that were potentially sent to an official lab in Europe or something?

PREM sp usually shoots up ahead of an RNS, CEO had promised us news by end of Sept, I assume something should cone out this week.
Hopefully this time the news make the sp stay up and not go on its usual PREM drift again.

1p is achievable, come on Zulu!

Welcome back and good timing.

Assay results of core samples and further news of on site lab, maybe more drilling rigs and updates on other projects such as Circum and MNH are expected this week.
Been slow and painful and mostly moving sideways for the last 6 months. But sentiment generally over the next 12 months is positive, at least for me.

Wow some of you are some high rollers, owning all those million shares, well done.

Bick thanks for the summary and breakdown, very helpful.

The man is not known for his comms or respect of timelines but he did say news by end of Sept so I suppose we'll need to give him once again the benefit of the doubt and wait at least another week.
I am still confident in the size and quality of Zulu lithium and that we will see sudden rises in the sp over the next 12 months so i keep accumulating a little bit at the time and never sell.

1p is achievable, let's go Zulu!

Well put steward1, simple and to the point, like we want our comms from GR to be.

Steps forward are clear, timeline less so, but I am also feeling positive of what is to come between now and the start of the rainy season.
Dilution will obviously happen, but as long as the money is spent on Zulu only/mainly, we should be fine.

1p is achievable, let's go Zulu!

Thank you Bickmaster,

Noted. I also imagined about 6-8 weeks between shipping and release of results.
I wish we could get some on site test lab results as well, before the material is shipped to the EU. This may allow for some initial "enthusiasm" and maybe bring the sp up a little. But I suppose the lab is not quite set up yet as zero info has been released lately.

Great post Bickmaster, it's this type of info that made me sign up here and follow daily.

Does anyone know what country PREM will be sending tests to?
Does anyone have experience to be able to estimate the average result release timeframes of these lab tests?

Good specific and focused RNS, useful info, slow and steady.

1p is achievable, let's go Zulu!

I said this in another post, GR is like a kid in the candy shop, wants to explore every candy jar and wants to have a taste of all of them but then never finishes any single one.
And it seems like we are funding his little candy store experience.
I am here for Zulu, the rest is just noise.
As long as we get Zulu updates and the DFS continues more or less as planned, I will continue to accumulate shares.
If in 12 months time we are still below .3 with no real progress and a bunch of other holes in the ground that led to nothing, that will be my queue to sell.
I like this stock and I see massive potential, but if I wanted to see my money get frozen in time with no gains, I would have kept them in my bank account.

1p is achievable, let's go Zulu!

Let's not forget this stock is:
1) +285% YTD
2) +175% over last 6 months
3) +18% over the last 3 months
4) Over the last 8 weeks we have spent more days above.2 than the previous 12 weeks combined

Yes, it's a slow ride, news are few and badly presented and more dilution is always around the corner, but be patient and try to accumulate as labs, results, explorations and news will eventually come through. We may need another 12 or 18 months tops, but patience will be rewarded here.
1p is achievable, c'mon Zulu!

I thought some core samples were extracted weeks ago? At least in the video it seemed like they were. Would have been good to get results from those in the mean time.
I knew this was going to be a slow ride but geez....still, 1p is achievable. Let's go Zulu!

I check all my stocks everyday, but PREM, thanks to this board that i personally find incredibly useful, is the stock that i know the most about on a regular basis because i see PREM as having a massive potential when it focuses on Zulu. This could, in the long run, grow to a multi billion pound company, like Goozee says.
My other established and mature stocks are already there so PREM is where I see most potential value and growth in the next 12-18 months. Call me crazy or a hopeless romantic but that's my view of it, regardless of GR.
I know the type if investor I am and know what I want so in the long run, i am not swayed by other's ramping or shorting or trading. We are all here to make a profit in the end, let's not lose sight of the end goal that connects us all.

1p is achievable! Let's go Zulu!

Morning acker, I wrote something similar last week, i also believe that the results on site are for awareness purposes, not actual official results as these need to be confirmed and certified and registered by the authority in this field.
However, I also mentioned that this may be positive for us? As in, "internal results" might prop up the sp and this would be even more positively improved when "official"results return.
Unfortunately i do believe that these timelines are not only unknown, but I reckon they would take a while before shipping and returning etc.
But no all negative.
1p is achievable!

Moggy1, absolutely true, hence me saying that only now I realise that we are farther away from Zulu profits than i imagined.
But turning on the lights for RHA may be a big risk because if that project comes to a stalemate again as it did 5 years ago, now we got two projects getting devalued just in order to keep the lights on.
But this is why i love this board, most frequent users are really knowledgeble and you all bring your expertise forward constructively. In the end, we are all here to make money which is the point of the whole game :-)
Slow and steady, 1p is achievable.
Have a great weekend all

Moggy1, but if RHA was not profitable 5 years ago, why would it be now?
The economic logic is backwards, you use your winning horse and its prize money to improve stables and train lesser horses. You push Man UTD to win as they generate the most revenue, then you use that money to distribute it amongst smaller teams so they become wealthier.
Noone uses poor horses to fund the success of the main horses.
The Premier League is not funded by Burnley, Crystal Palace or Fulham. Its funded by the massive revenue generating teams like Man Utd, City etc.
Zulu should be creating wealth so the other projects can benefit from, not the other way around.

RHA seems like yet again another distraction, smoke and mirrors, as were MNH, Circum etc etc.

Again, I am bullish on Zulu and its content, will keep buying Prem until the focus mainly stays on Zulu and until its massive potential is unlocked.

Steward, your last paragraph describes exactly what i think and feel.
Hope to see 1 project come full circle before we invest time and resources elsewhere.

I hear you and appreciate the input.
But honest question, have any of the previous projects generated profits or revenue that helped fund other projects?
Seems to me the only thing funding PREM is not the sale of the product, but continual dilution and third party investments.
Seems like even GR had put up his own money to fund RHA 5 years ago ($300k).
I know I am coming across as mostly negative but it just seems like a repetitive cycle of: find a site with potential, raise equity, then share dilution, then works start (SP goes up), then some problems arise, then no revenue is generated at all, then a new site with more potential is found, investors get dragged into that new project, raise equity, dilution and so on and so on.

But as if you say they can make two seperate teams work on two seperate projects and actually be profitable that would be massive.

Slow and steady I have no doubt 1p is achievable, i am just now realising that the timelines will be longer than expected.
Onwards and upwards.

Clicked on post message by mistake....continuing....

- PREM has been owed $20mil for RHA for at least 4-5 years now
- Often GR talks about the benefits of placing or starting a new project for the investors but seems to me like there have been many broken promises
- PREM seems like a kid with too many Lego pieces, starting one construction and never finishing it, moving on to the next construction and not finishing that either and so on
- RHA seems like a black hole, resolution of the $20mil debt seems highly unlikely unless a third party comes in
- Results from Zulu were already out back in 2016 so not sure what we are waiting for now?

I joined because of Zulu so obviously I am not trying to hear of semi defunct projects from 5 years ago trying to be resuscitated.

I have faith in Zulu, the quantity and quality of the lithium in that mine and that someone will actually generate revenue from it within the next 12-18 months, just not sure that someone is GR or even PREM on its own.
Still bullish, still not selling a single share, still accumulate when i can.
But old RNSs unfortunately do not make for good reading.

I went back through the first few years of RNSs, andeven though I am no expert or seasoned investor, my take aways are not very positive:

- Most RNSs are poorly written so it is not a new thing
- Share dilution has been more frequent than i would have imagined
- Mali, then Togo, then Ethiopia, then Zimb etc...PREM seems to jump from one project to the other
- Hardly any of these projects have generated revenue

Was really hoping all eyes and attentions would be on zulu and was hoping for the lab to be on site.
Indeed more delays. But still, at least PREM is getting into the swing of more frequent news.
Slow and steady and we will get there