The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Raaydar , sorry but you are wrong in your assement of the missing item for zulu .
But nothing personal , you may wish to buy in higher next week
I have battled some of you on here from the bickmaster saying the Zulu deal with Suzhou was crap when Prem was 0.3p . But where is bickmaster , where are the doubters
Have a great Easter prem long term holders,
roman he said lots of resutls had coem in and he expected to hear back fr omthe company doing the anlaysis and expects soon to update on resource , that was abotu three weeks ago . so once we get plant up and runnign soon after is my take . i think we snow ball after plant opens , w ith news and we shoot up
bid becoming very strong , so others think the same
Acker i dont fully agree because the positives you say in Q3 i think will occur in April and May
so plant hopefully opens by tuesday .
George hinted at resource upgrade much sooner , so that is april and that should be superb
2bd of ftake agreement also likely in April or May
then the actual sales for April etc . so next few weeks likely to be very big for Prem and could push us to 1.5p short term
raydar , do you really think George will leave getting this reagent to some vague issue over flights and packaging , he has many things at his disposal to sort this out . we are now a big company with big friends . you are not thinking of the bigger picture .
Agree Jen koi,
Prem had scoping study for Zulu 2016-17 and in April 2024 we are going into production . We are days away , we are likely to soar above 1 p . Then boost production , 2 nd off take , resource statement , possibly all this month . If these all come together we can be way way above 1 p .
Yes we are not certain whether we start the plant today or tomorow or this weekend . But with the bank holiday it means 99% it will be with in a week .
Great times are coming for prem .
Been in prem over 5 years and I wanted to put to bed some incorrect comments on zulu .
The reagant that zulu needs is commonly available and is coming from Clariant . Clariant have been incredibly helpful . The problem initially was a simple problem of the packaging which prevented coming by air . This problem has been sorted by Clariant who have done a great job . So talk of needing to come by sea for this first shipment is incorrect . Futures large supplies over coming years may come by sea , but for now that is not the case . So it is highly expected to be a matter of days exactly in line with the rns .
I won’t answer any questions on the source , but everything is exactly as in recent rns .
My take on this is we will be producing by weekend . So April should be a transformational month .
raydaar
whilst i respect your input and knowledge on transportation these agents , there is one flaw in your argument . i think they have been already a month in getting this reagent and so in a few days it will be here.
Also talk of a placing is total nonsense , peopel saying it have no udnerstandign of the pwoerful position prem and George are in . they have a mine ready to produce and they dont need a placing , other than companies begging to invest in prem . remember sushou paid a premium placing way over the share price to get prem drilling , well if a placing comes and it wont but if so it is likely to be a premium placing like at 1.10p .
George has so many choices it is awesome for prem. He is most likely to do a second offtake to raise money to build a second plant and get some extra money that way .
Prem are in such a pwoerful position
The environmental license is also not an issue at all .
I expect FOMA coming and prem to be over 0.95p ready for announcement may be wed or thursday
I have no special info , just my deductions
BYD is biggest seller of electric cars in china . chian is worlds biggest ev market . recent drop in lithium is meant to be due to poor ev sales in china , but look at these sales , byd up nearly 100% from last year. i suspect soon lithium prices wil start going back up again
https://cnevpost.com/2023/04/02/byd-sales-in-mar-2023/
https://www.ft.com/content/154c53aa-5a9a-4004-abf9-2e6e5396dca4
profit bags , many thansk for the articles , i watch with great interest the lithium prices.what is strange is they talk of china ev car demand lacking but after a poor january , february was good and march figures to be released in next few days will be superb.
Tesla probably had its greatest month and BYD last week said this year will see growth compared to 2022 of 80% .
So i think we will see the perception of weak demand go away very soon
All quiet this morning , small buys slowly pushing up about to see further rise in share price currently 92-94
i expect productio nto start today and rns ready to go , so intraday or modnay 7 am is best bet
then we are off to the races . i do like the rns recently aiming to boost production early
1p next 24 hrs and then on to 2p in summer
Ok , today the rns had a mix of some delays and hidden in rns was some very good stuff.
Firstly the delays : it is not a mining permit , prem have that it is some minor minor document which is a matter of a day or so of getting signed .
The godo news is very sonn prem wil lbe producing and i love the statment about early plans to boost production . this is so important . you woudl only do that if the resource was big . also the rns hints at further offtake deals and many choices for prem.
so all good and i expect us to be 1p by monday or so if not earlier.
we are 5 years since i invested and we are days away from producing . todays fall was over reaction and the sensible investors wil lbe scooping up as i will be doing . already got my kids buying in morning as well as myself.
So i am full of confidence and never better in the 5 years of investing in prem
Cosmonaut , prem will be bigger than liontown . The small area of Zulu drilled is tiny compared to the rest of Zulu and then the Epo . Watch when the president opens the mine that he gives prem the mining license for Epo which is 57 times bigger than Zulu .
Prem I believe will have a mine life for 100 years after it drills the Epo . Prem are planning to drill the hell out of Epo this year , using profits from its first mine