Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
Acker agree on pricing , it is a monthly fastmarkets price . But this is where it gets interesting as fastmarkets has different prices in different parts of the world .
But yes if we sell in April we get March average price which will be around $5000 less 10% .
I forecast spodumebe will slow,y dip to maybe $4000 by June , so we may receive $3600 then , but later in year we should see spodumebe back up and also no discount as we will have paid off
guys are you watchign a different interview , this was brilliant and prem are going to fly over next week and month . if you dotn see that you are missing something upstairs , no offence but every knowledgeable person thinks this was brilliant.
Thsi was oen of Goerges best performances ,
production very likely next week , rns early next week
Productio nfrom plant coudl be higher than 50,000 may be 70,000
a secodn plant is more than likely
enough spodumene for may be 20 years
epo bigger than ever
several companies approached interested in 2nd off take
ore exposed is better than expected
president coming to open mine
massive prospects and George was in great spirit in interview
guys , may of us have been here for years and suffered in early days . but after about 5 years we are days from production , it is an amzing journey and we shoud lenjoy it .
Who can believe from epo to where we have a monster mine connected up and ready to rumble anbd we still own 100% of Zulu. Clearly there has been some delaying factors in last few weeks , but i hpe George wil lsay tonight we have finally arrived through difficulties and we are within days to get goign . i really look forward to tonight .
i don't fully agree Acker i think getting production going is one milestone and as we look forward to volume of production news then we will rise further. The bigger rises will coem in April and May when Prem tel lus what is next , too many are focusing on production today or next week , but what is really big is what production will be in 2024. will we get a second offtake , will we go to 100,000 production. .
I can really see sales of $300-250m in 2024 .
so whilst i hold a substantial holding of PREM i am very relaxed. A lot of people will become rich with prem holding for next year . good luck tonight , i am sure George will not let us down.
No rns today means prem are on track to produce as previously indicated , that is this month .
George will update us tonight , so there is by deduction no delay to production as he would have ended it . He will no doubt let us know tonight . After 5 yrs of waiting we are days from production , which is amazing . Great few weeks ahead
So last week we see prem pushing back up above 0.70 p, next week Prem present Wednesday evening . So we will get an update . Rumours are that producti9n is imminent . We then can see if prem can produce the 4000 tonnes over next 6 weeks . These two events will be marked with great interest . As production starts people and instistions which no doubt watch closely .
Soon to be followed by some resource upgrade . With production it may the resource can be in measured tonnes which is the highest category .
The shares on confirmation of prem producing the first 4000 tonnes will pushover 0.8 p but it will be the possibility of a second mine which will give prem a very big push to 1.2 p and higher .
There is a lot going on and prem look in great position . They will soon be minting money
I expect dividends I. 12 months and production 100,000 by early 2024 .
Amazing time to be invested
Acker ,i disagree i think what Kspine says is what will get PREM well over 1p very short term.
Also Acker , i reckon getting into production will attract more buyers ahead of confirmation of first delivery . there is so much upside potential to what can happen here , zulu and prem are bigger than we think
dazed that is excellent news
get ready for the warp drive of share price . for me its not just about production starting but what is next and we should be surprised and very happy as i am sure we wil lsee an acceleration in where we are going and we will become a billion £ company
I think that price over 0.9 p will happen in April , lots of buzz around Prem I am hearing and things slotting into place nicely . It has never looked better for Prem , ever . Certainly a time to be brave a dbe top heavy in one’s holding . The risk reward is super . Yes lithium prices fallen 30% in last few month . But spodumene very strong at $5000 .
Will be over 1 p soon
Also lithium overseas prices now 20% higher than chinese and supporting prices likely .
https://cnevpost.com/2023/03/07/overseas-premiums-to-provide-support-for-lithium-prices-china-analysts/
https://cnevpost.com/2023/03/07/china-feb-retail-sales-passenger-nevs-438000-preliminary-cpca-data/
Just look at these graphs and you can see people misread the January sales figures because of the earlier chinese holiday . There is no Chinese slow down , it is poor journalism . last year chinese new year holiday was February and this year was january , hence jan this year was a poor month relatively. Feb shows market is booming and i like the point rasied the last week of february must have been amazing for sales.