Member Info for stevenc72

RB@Balboa. Your statement from 17:28.

Who are the several JVs that are lined up?

Who are the three from ISA?
Who is the one from the UK?
Who is the one from Europe?

It is a monster but a fake twitter account will have no bearing on anything that happens to PREM.

Well that would be a dream come true.

Best wishes and good luck for the weeks and months ahead.

I suspect that would light the blue touch paper luckyboy05. If only.

All the best Kenswayken.

An interesting few weeks, months and years ahead.

Good morning Acker.

Thank you. Very relaxed here.

We await the next piece of the jigsaw. The jigsaw is now very big but we were granted one of the corner pieces last week IMO.

Nidgeyr, I am no fan on GR and have expressed my concerns with him historically. However, this is now much bigger than GR.

Traders claiming Elon Musk is tweeting about prem to get their 10%. It is nonsense of course but if it gets them a pint and a bag of pork scratchings, good luck to them.

The canny are buying and sitting on their hands. And to be honest, it's easier for me to do that. Lot of effort involved in buying, tweeting, selling, ad nauseum for a few £1,000 each time.

I note from the chat a disagreement over £billions or £trillions. Oh how things have changed. For me, billions or trillions doesn't really matter. "Lots" does.

I agree with Snowking that this could well be in the pennies soon on Zulu alone. If, as Acker says, RHA etc... can be sorted, then it is a slam dunk millionaire maker for many, if they have a little patience.

The long term potential here is simply phenomenal. That lithium will not stay in the ground and there are many who will want it.

As long as they next news is positive I will be buying. This will rise for years as JV news, funding news, DFS results and possible production starts. GR won't stop that now.

Buy, chill and look in on a monthly basis. Stress free money making.

All the best for the week ahead.

Zak Mir?

News on commencement of DFS. Not DFS results. Obviously.

The DFS has a timeframe for completion of 14 months.

Who is "we" and what is the news?

...that after listening to the interview, a JV and funding for DFS will not be far away at all. He actually says the word "now".

It will be interesting to see who we JV with.

If it's a major company and it is announced in the next two weeks, we could be sitting 'comfortably' at 1p I suspect by month end.

If no negative news comes out for the next 14 months, this could hit multiple pennies IMO. It is now investable, rather than tradeable, although there will no doubt be traders who do well also.

To summarise, one the JV is announced, it's heading north for a long, long, long time.

Minimum.... You heard it here first.

Great read Charlie. Thanks.

Great post Acker.

With the EPO secured, PREM will be forced to grow up. No more hunting lodges, hardwood forests or other such tat.

I believe Wolf may be right in that GR will/will have to step aside. Whether he got PREM in this position by shrewd business acumen or pure luck, we will leave to one side for now. Everyone will have their own view. As you know, I have mine. To be fair I am happy to cede it may be a combination of the two.

Either way this is now far, far too big for him.

The fact is PREM now has its hands on an asset which could, DFS results pending, have truly globally influence for years to come. Many will say it already does, but I am a devil for detail and will await the DFS results.

If nothing negative is released, I continue to hold. If there is a hint of GR takining a more passive role, I may put a handsome sum in here for the next 5-10 years.

Let's see what the next news is. Hopefully not long to wait from what I took from the interview today.

Hi Wolf.

The granting of the EPO in my opinion was a complete gamechanger for this company. That quantity and quality of lithium will simply not stay in the ground. A major player will want it.

Still cautious of GR. However, I suspect whoever JVs will not allow him to 'go shopping' for tat. This is now too big a deal. He as, IMO, been sidelined by default.

Hopefully we find out soon who and how and then a proper re-rate will occur, despite the daily traders.

Crikey.

PREM may in the future get a seat at 'the big boys table'.

Agreed luckyboy. It was an excellent days news.

All the best for the next few weeks. Should be interesting. Anyone in at this level for the long term is laughing IMO.

I am looking forward to the sp increases coming in 0.005 and 0.01 leaps.

Nigeyr - the way I read that is that the DFS will be complete in 14 months, not mobilised in 14 months. So as GR would say "imminently". To achieve that, funds and a partner will have to be announced soon.

My portfolio flexed today to a circa 100k profit and went back down again. I can wait.

We now await JV and DFS news.

Good luck all.

Excellent day.