Member Info for Shareholder19

Good news to come

Suzhou after paying £12 million won't accept words like "it has the potential" or "it may be the case".

Simply they want that spodumene out the ground. They have sent boots on the ground already.

They work hard and I'm sure will make George sweat.

I expect to hear a SOLID plan in the next 3 weeks of a pilot mine or enhanced dfs.

"With great power comes great responsibility"

£12,000,000 is a lot of money in anyone's book.

I totally and fully believe George when he says we will get a update soon.

He has a responsibility to progress zulu from the people who invested in prem.

The days of "potential" and "soon" and "imminent" are gone.

Chinese will expect George to work hard for that money, making it clear to him.

If he fails to deliver anything then sure at the next agm we will vote him back as ceo like always

The Chinese won't though.

Also George is no fool. He will de-risk prem at these spodumene prices. Either partially or fully (sale of zulu).

Recession on the cards. Has the potential to drag back more riskier investments such as aim shares and prem.

Regarding the upcoming stockbox interview. It's more to do with Stockbox than prem. Just a new feature for them which prem is taking part in. So nothing expected there.

A lot of talk of RNS. I thought they would here by now.

On the other hand I think they are expanding the resource as much as possible before releasing rns.

Personally I reckon the Chinese want their money worth so are exploring zulu as much as possible.

In that interview

George basically said he didn't know what to expect when purchasing zulu over 12 years ago.

Premier african minerals don't have the technical knowledge. No shame in that.

They took a risk and won. Zulu is a big risk

To claim the reward they must sell zulu and carry on with the other claims.

To keep prem an exploration company rather than attempt at mining

Stick to what you know. Guaranteed profits rather than futher debt and placings.

Prem has dramatically changed its finances over the past 2 years

Lithium prices won't stay this high forever and time to claim the reward.

Sell 80% of zulu

Fast market- $5,750
Sp Global - $5,350

Anyone got the latest spodumene price ($)

Spot or contract

How do you work the value of the mine to sell

Is it based on a percentage of resource or income (like a business)

Redandy59,

"before you are forced"

Very good point. You or I may have purchased thousands of pounds of shares.

Some big share holders may have accumulated millions or billions of shares through leverage

BUT

I bet no one paid CASH for 3 billion shares at 0.4p for a total of £12,000,000 like suzhou did

So as much as I think they might be patient. They simply won't be as patient as we have been with George.

He has a rocket up his backside and he knows it.

So I'm not worried or decreasing my holdings at all

I think they hold what GR + JG have combined (can someone confirm)

Can or will the resource update statement occur separately from the dfs

E.g resource is .... and then 3 months later dfs report or is it at the same time

Suzhou don't want prem, they want spodumene.

They don't want to buy it on the cheap

They have 10% stakes in loads of small lithium companies. Plenty in Australia.

I think selling zulu is an option still in George's mind from the interview.

Some reason I felt we had moved passed that stage

Glad to hear he's realistic about spodumene prices in the long run.

"Suzhou TA&A has provided tremendous support in not only maintaining their 9.4% stake but also providing invaluable introductions and assistance"

Global Lithium has previously defined a total inferred mineral resource of 18.4-million tonnes, at 1.06%

Global lithium resource MCap is around £180 million

Just stating what I've read.

Good luck all

I don't see any rns soon other than issuing of those 3 billion shares.

I'm very happy to know someone to scrutinize prem's work on the dfs and maybe offer help, insight or connections

I do think George has picked up the pace. Although there is absolutely no sign of this. I feel again someone (larger shareholder than himself) on his back will make him get his act in gear.

Market cap of companies sometimes remain over or undervalue so its not necessary for prem's share price to increase during or after dfs.

On the other hand its most likely given lithium demand and increased value of prem.

Still Holding for the long term. Good luck all

Bickmaster84,

You provide very good insight and knowledge but just one thing

In one of the rns didn't he state they had done 6,000m of drilling ?

News,

Looking like dfs for Q3 2022

This week could be some sells before the end of the tax year

Looking forward to that all important investment. I feel it will change the way the market views prem and thus raise the sp

Good luck all

Anyone got figures on volume for today ?

Any recent lithium deals from rio tinto ?

I thought £1 a share is dream land.

If the rest of western europe gets dragged into the conflict, lithium is cheap at the present moment in time.

I hope Ukraine don't fight back. Sad loss of life for no reason.

US & UK sanctions mean sweet FA

Oil (disregarding anything going on now)

Will reach $150 easy.

They will cut supply and increase price over the long term (10+ years)

Down that much on a good rns

I hate to say it but feels like

Rns 2 will come out tomorrow with the title : placing

Just don't understand why down so much

https://oilprice.com/Energy/Energy-General/The-Sky-Is-the-Limit-For-Lithium-Prices.html