The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Let’s not forget this from Friday - https://www.linkedin.com/posts/stark-resources_starkteam-zulupilotscalelithiumplant-teamwork-activity-7052664242709094400-Tt3j
https://twitter.com/DeadEyeBeaky/status/1647644623085400066?t=yYzPuQpcg0ikyFxlPYG1ig&s=35
Posted by a Zulu worker
https://www.linkedin.com/posts/misheck-wyson-21812a77_activity-7052657360774832128-gFjx?utm_source=share&utm_medium=member_android
We shall find out when we get the RUS and DFS, some time this year. Also plans to increased production output with further investment can all only be a bonus for prem and its shareholders, very exciting times ahead this is only the very beginning! A large pilot plant in a section of Zulu, we still have drills turning as we speak to figure out where this ore body runs to see where we can expand off the plant in place now, EPO 57x larger we could really be on top of one of the biggest global assets in the world, Zulu is a tiny piece of the puzzle IMO
Only a matter of time :-)
https://africa.businessinsider.com/local/markets/china-natural-resources-acquires-zimbabwes-williams-minerals-lithium-mine-for/4rwed25
If Zulu was sold for X amount then most likely shareholders will receive a special dividend.
An example is if we have a five billion $ sale for as asset such as Zulu in this example, out of the $5bn prem will keep a little bit of that money to use on exploring the EPO and other projects, say they keep $1bn then pay out $4bn to share holders as a special dividend and then the SP will then roughly reflect the MCAP of $1bn give or take, this is just a very basic rough example by all means use the internet and look up asset sales and special dividends (SDIV). :-)
Could we have an east / west bidding war? Also the possibility of manufacturers buying up and getting supply directly from junior miners to cut out the middle man?
https://twitter.com/RodneyHooper13/status/1646414466957942786?t=KSLrfxl-k5vMePEu_EHOYQ&s=35
I don’t think so, I think the next RNS will be when the reagent has been added to the flotation unit, they have bypassed that bit of the plant for now, then after its running and producing then they can release an RNS once it’s tested as NOMAD will want proof that the plant is operational, can’t see the point in releasing an RNS now just to say they have received the reagent when they can release an RNS soon saying Reagent was received on the previous weekend and production has commenced
I can’t see how prem can be at its limit now if production is expecting to see revenues of $240m+ with further investments to come + increasing the output of the current plant? We could be talking of revenue $400m+ by the end of this year once we increase production, 2nd plant, further investment and that’s all based on spodumene sales alone, also the potential Zulu offers which we know will come later this year, we should see an offer of 3 x the current SP based on recent sales and offers!
https://twitter.com/DeadEyeBeaky/status/1645360615236546561?t=Taa8Wv2lMNl_fu3RnPKkZQ&s=35
https://www.chronicle.co.zw/comment-fitting-easter-present-for-people-from-matabeleland-south/
1) production started
2) green light from the government was given on Friday
https://www.juniorindaba.com/delegates/agenda-6-and-7-june
George roach, 7th June 11:30 - 11:45 - fast tracked production