Member Info for Progress101

Just added another £25K.......

Hi Folks

I just bought 2 tranches just now. circa £15K & £35K

Michael

Thanks Snowking

Its the sky high value of Lithium that makes this a possibility.

Michael

Hi Folks

Exciting times indeed!

Does anybody think its possible (using T/O agreements) for PREM to fully exploit Zulu and EPO whilst retaining 100% ownership along the way??

Michael

error:-

"plenty" not plant...

Thanks PB for your in-depth and enlightening post. Plant to think about as the pre-emption period comes to an end.

Michael

https://www.grandviewresearch.com/industry-analysis/lithium-market

As someone who has topped up big time with PREM over the last few days, I am not troubled by the volatility of the last 48 hours!
PREM is massively de-risked now in terms of the following :-

Lithium prices high for the next few years and significantly higher than when the Zulu / EPO area was acquired.

Pilbara Minerals is the prime example of the least we can achieve and that's just on Zulu, forgetting the EPO

Pilot mine is on course to make PREM cat profitable from Q1 2023.

EPO has historic successful gold mining from a couple of decades back.

The breadth and depth of expertise is being beefed up with the BOD and senior management team.

Best wishes to all.

Michael

Thanks Welshy

have a good one too!

Michael

Cheers Snowy

M

Hi Folks

i have done 2 buys of PREM today.

9.4M
1.6M
To infinity and beyond!!
Michael

https://www.ft.com/content/5e896f2e-faf2-4d64-bf73-b04bcbbf55d8

Cheers guys!

Thanks to everybody for their input this last week! Maybe an RNS Monday?

Michael

https://www.ft.com/content/b4002e49-07ce-41d8-9d3b-b6ed55af798c

https://www.ft.com/content/7ca99f9f-3b67-489a-a83c-477b6b12764e

Thank you to all my fellow PREM investors who have posted some encouraging messages over this last week.

hoping for an RNS tonight or Monday morning. let's hope its not Monday moaning..lol.

Michael

https://www.ft.com/content/b193dc11-5069-41f5-ba86-2a83ea78f911?shareType=nongift

I wonder if the concept of ownership is the central philosophy behind GR's strategy with self funding? Once the pilot mine is profit generating and paid back the loan I think the EPO will be explored / exploited in a piecemeal fashion.

i hear the bemusement about the tepid market reaction to all the good news / progress, but shall we just see PREM right now as the biggest investment bargain of the century?? And maybe a top up opportunity??

Watcher
My thoughts are, why doesn’t GR reward / pay these people out of his own money / shares ??

Michael