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Prem doesn’t need snowking or anyone else for that matter to ramp or deramp as the SP will do whatever it wants, we know what news is due so it’s either hold and wait for a major rerate, or sell in the hope of buying in cheaper which may not happen and then you’ve missed the boat, holders will be rewarded this drop isn’t due to prem as nothing has changed, we are expanding Zulu and seeing great assay results, I’m happy to hold for the reward :)
All this info and the best bit is we should all know for definite what the RUS contains soon, also we expect the JV/offtake news to land soon and completion of the DFS. 2022 is definitely shaping up well for prem, I certainly wouldn’t like to be out of this over the coming months a lot of news in the pipeline, I wouldn’t like to put dates on it or guesses but we all know it’s due, best thing to do is hold and remember Zulu is just the beginning it gives prem the funds and unlocks the doors to explore the EPO area! GLA :)
Not necessarily as prem can receive non refundable deposits from interested parties, maybe this money is been used to keep things going, I don’t expect anymore fund raising done by placing. I think GR would of factored this all in last time :)
https://twitter.com/sirphilbauss/status/1500052199648468993?s=28
Acker - I am also a believer in the fundamentals of prem, they are in the right place at the right time. I think that will start to show over the next few months, I can see the SP heading to 1p+ once the RUS and JV news lands! People will be panic selling now as nothing has changed fundamentally if anything going from recent news things are increasing and getting better but yet the SP has dropped and investors will be buying as it’s a great opportunity to add, news can’t be too far away but it will come when the time is right :)
We are 2 month in and discussing a global asset, some make out like it’s a case of just signing a piece of paper and taking the money! Calm down when news comes it will come, sometimes no news is good news he’s updated us as much as possible so far now when he has something worth sharing I’m sure he will, GR is a share holder as well and will want the best for prem! I don’t see the panic just be patient and then get rewarded, RUS, JV/offtake and assays will come when they are ready, also I think comms has improved just because they don’t communicate everyday doesn’t mean it’s still terrible, they are busy trying to achieve the things some people are moaning about, your holding and commenting because everyone knows there’s big money to be made here and i for one am guilty in saying 1p+ this year, I will start moaning if we haven’t heard anything by the end of may until then I’m confident GR will deliver :)
What are the future predictions for the SP? I see someone below quote 0.35 shortly but oil is at an all time high, if the war stops and people are moving to a clean energy such as electric cars etc then the price of oil will fall so where do you see the SP then?
GR knows what prem has to offer the fundamentals that prem are holding could be the keys to a GLOBAL asset, lithium is the future and the demand shows us that, for 13 interested parties to show an interest is great but can you imagine the fight these parties will be having to secure what could be the largest lithium rock in the world? Zulu is just the start it’s maybe 10% of the bigger picture, assays are coming in well above 1.06% + rubidium grades are excellent world class grades! The parties have very little choice, they can either pay now or pay a lot more later I’m sure they’d rather pay now. We are only 2 months into the year, this SP after all the upcoming news and DFS completion will be well above 1p :)
I’ve been watching the SP for some time now and it barely moves, I’m sitting on the side line hoping for 0.02 or lower so that I can take a long term gamble with vela, is there anything that will make this SP rise or is this stock as good as dead?
utter rubbish talking pounds, I see the SP easily reaching between 1p and 2p in the near future, mid term I see 5p to 10p, long term I see 15p+
We are expecting a multi billion £ MCAP from Zulu and EPO, add gold to that as well, we have the assets it’s just now a matter of patience but it is certainly achievable.
£1bn market cap = roughly 5p per share
It’s funny because when the price drops lots of people come crawling out talking the price down, what price is it yous are waiting for did you miss 100% rise! Everything from that rise remains the same if not better as assays are now coming in and resource upgrade is improving, I don’t see anything changing this will rise very quickly this year so do you sell out of panic or do you buy based on facts that are coming?
ALL CLEARLY STATED FACTS BELOW;
JV/OFFTAKE
ASSAYS FREQUENT AND BETTER THAN SCOPING STUDY %
RESOURCE UPGRADE
DFS
EPO IS A MONSTER COMPARED TO ZULU
Smart money is been made here, everyone is worrying due to the drop ask yourself why such a big drop when so much good news is coming? Triggering stop losses before moving and those who panic sell, we all know this is going up over the next few months so it’s best to add to your holding on the big 20% drops and not give your shares away :)
We can all argue all day but very shortly we will find out more solid facts so you can either get in now or pay at least 2x as much later, everyone has their own decision to make and based on fundamentals it’s a VERY STRONG BUY from me!
Assays - the recent grades were above expected with more to come, also included rubidium (which is very very expensive, Ganfeng like rubidium)
JV - in talks right now a deal can happen at anytime, maybe it took longer before but due to the surge in price and demand I don’t think any JV will be waiting around! I expect a JV with Chinese and they will not hang around, South Africa government support lithium mining and owe the Chinese a lot of favours, so I expect things won’t take as long
EPO - drills in position and I expect updates some time in March, remote scanning a few month ago showed deep purple hot spots so VERY GOOD NEWS
Resource upgrade - expected to be around 80MT with the grade % increased from 1.06% also add in rubidium, tantalum and other minerals VERY GOOD NEWS