Member Info for Progress101

Hi folks

I understand that GR is doing an interview this morning. What time would that be please?

Thanks
Michael

It did occur to me that if PREM is stretched by holding too many projects / assets, and the EPO has sufficient potential, they could do a disposal / divestment to fund and focus on the EPO?

Michael

Hi Folks

I concur with with the poster who said that, with more transparency from GR / The BOD I would potentially invest more money in PREM but in this current culture I am very unlikely to do so!

Michael

Hi Folks

How does Argentina's claims on the Falklands effect things? I am aware of the war with the UK and historical tensions since then. The current need for Gas is so desperate that it may change the dynamics / politics??

Michael

K Spine

I think we have to assume the Chinese are all over PREM.

M

I'm sure most of you will know that Joe Biden is pumping billions into the US home grown energy industries to stimulate growth in EV / battery mining metals production.

I am yet to hear anything similar (officially) from Xi Jingping, but I am confident that the Chinese government are (or will) match something like that to win the race for precious resources.

This might result in PREM being subsidised in someway??

Michael

Hi Folks

have you seen that Joe Biden is intervening in the US battery metals mining industries by pumping in $3BLN to ramp up production? He is doing this through some wartime legislation.

Will this have any impact on non US miners like PREM?

Michael

Hi folks

In terms of the DFS, can PREM run the Zulu and the EPO in parallel? Or does one have to be complete before commencing the other?

Thanks
Michael

Cheers Acker

I'll do just that.

Thanks
Michael

Hi Folks

In regards to the EPO, can someone explain what the projected minerals / metals are please? Is it likely to be another major lithium deposit? What, if anything have PREM said about it in terms of its potential?

Thanks
Michael

Hi

Could someone please remind me of the deadline to take up the discounted shares please?

Thanks

Michael

If The EPO has significant Lithium that would be awesome!

Hi Folks

A lithium mining company called Patriot Battery Metals' share price up 18% today on positive drilling results. Can we expect the same for PREM?

Michael

Thanks Anth

I suppose the gamble is that the SP doesn't drop below 1.3.

M

Hi Anth

I have opted for the basic number of discounted shares ie 1.30. Can I ask for additional shares at the same discounted rate?

Cheers
Michael

Hi Folks

I share your frustration with the lack of communication from GR.

From my experience of board meetings and growing a business that was the "baby" of the founder, I can say with some confidence that a significant cash investment of £12M and BOD representation will change things moving forward!

The "loose cannon'" stuff will stop in a heartbeat and a more holistic joined up, strategic, professionalism culture will prevail. As part of that, a much improved Investor Relations should emerge.

Cheers
Michael

John

I resent that comment and it is unfair. How much have you contributed to the research and information share on the PREM subject?

M

That should read "waiting" NOT "eating"...........smh.

Hi Folks

Some interesting theories on here. My feeling is that "the big guns" are biding their time and eating for more solid milestones to come along before piling into PREM. If you think about managing other people's money, you are under so much pressure to get it right!

Us retail investors become the seed capital / proof of concept part of the food chain. The day traders do their thing to make a living but ONLY when PREM has the right shape, size and metrics that Financial Managers abide by do the hefty chances of capital come in...!

I believe that PREM is on more silent radars than we understand so once the balance of the 12 mill comes / JV happens, we will see modest increments in the SP. I still think this is a buying opportunity in the interim time and for me its the most obvious multi bagger on the horizon!

Don't forget, Lithium price is only going one way........UP!

DYOR IMHO

Michael

SK
I totally agree and that makes PREM a long term investment.

M