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You won't get me disagreeing with that, Bill. I hope for everybody's sake that the EPO is included... then there are some major decisions for GR... hopefully, he's learnt from his previous mistakes!

There is no formal, official evidence that PREM's EPO is one of them!
And I'd question whether GR is on good terms with the ZIM gov't given the debacle that is RHA... these things matter in Zim!

So my posts have been removed!!! Someone clearly doesn't like an alternative view... look at this stock's history... deja vu, deja vu, deja vu.... check out what happened in Oct 2019... compare that RNS with Friday's RNS... check out the circumstances leading up to both RNS's... look at the spike this morning and keep an eye on whether some of the more prominent rampers are active all day long and what their veracity is....dyor. I don't blame anyone for trading this but getting posts taken down because you don't like what they say!!!

Altag - the RNS is almost identical to the RNS that was published in October 2019 when GR confirmed that he had an "unofficial communication".

Snowking - given GR's track record so far, Mismis has got a point. I'd say that, given that history, the chance that PREM is included in this batch of EPOs is less than 50/50. The statement from the Zim gov't didn't specifically refer to PREM, did it?
Even if he gets the EPO, GR has failed to progress any asset that he's held... caveat emptor!

Hope it's different this time, milnrowmug!

I think my message is tread carefully - whilst I think that it might be different this time, with GR and PREM there is always a sense of deja vu... refer back to Oct 2019 and you'll find an almost identical RNS from GR and an expectation that the gazette would appear within days. At that time, the sp headed to 0.175 and then dived. My view at that time was that GR didn't provide all the appropriate reassurances... he's in no better situation this time unless his advisers come up with funding (why would the ZIm gov't award an EPO to someone who has no means to progress it?). Beyond that, GR will need to come up with a partner (deja vu again!).... what is he willing to do differently this time?

I reckon we could get to 0.2 fuelled on potential, rumour and speculation alone... concrete news will see multi-bagger territory!

Well, if anything, PREM surprises! Looks to me if some buying bot is running somewhere - the sp is being supported by someone.
Have to confess that things feel different this time... however, I'd still be looking for some concrete news in the next month. For Zulu, I'd suggest that it would be definite funding - if the EPO landed then it would be a huge bonus. Any positive news (or rumours) will see the sp rocket. The market cap is pennies compared to the potential here... hoping and praying that GR doesn't mess it up this time. Really hope that he has learnt from his past mistakes - my own take is that he hasn't been willing to give up control of any asset.

Well, if anything, PREM surprises! Looks to me if some buying bot is running somewhere - the sp is being supported by someone.
Have to confess that things feel different this time... however, I'd still be looking for some concrete news in the next month. For Zulu, I'd suggest that it would be definite funding - if the EPO landed then it would be a huge bonus. Any positive news (or rumours) will see the sp rocket. The market cap is pennies compared to the potential here... hoping and praying that GR doesn't mess it up this time. Really hope that he has learnt from his past mistakes - my own take is that he hasn't been willing to give up control of any asset.

Seems to be two groups set up?

I'm no fan of GR and he has sadly sat on all these assets... utterly irresponsible... both to shareholders and to the people of Zimbabwe. But, if his new advisers are worth their salt and get some cash stumped up to do the DFS, the sp will fly. I suspect that these advisers have told him that he needs to progress his main asset and that the time is right to do so. News on that could drop anytime and, even if it is dilutive, I expect that the sp will fly. The DFS is the key - get it done and this will be a multi-multi-bagger. AIMHO!
Hopefully, these guys are also talking some sense into him re all the other assets too!

To counter the techmarketreview view, CLCO have said that they're only scratching the surface of the potential and they've had a good start to this year... I'm comfortable with that.

Given the turnover, they're doing an outstanding job. They need to keep the news flowing.

One of the challenges that the sp has is the exposure and number of trades - CLCO doesn't seem to be on the radar of many and a small number of trades can shift the sp easily. I suspect that sellers will buy back in - the future looks good.

It's a positive RNS though, isn't it. The new mgt team have got a grip of the situation and the turnaround is well and truly on. A positive start in the 1st 4 months of the year - I've added this morning on the dip. As a newbie, it's clear that they have to communicate more about their progress and their contract wins and extensions... so if those guys want to exercise their options, the sp needs to be above 2p... I can see that price being achieved very soon.

I mentioned CLCO last week - recent mini trading update very positive and results due this week. And, if you're completely mental, have a look at PREM ... some interesting assets, including on of the largest lithium deposits in the world but the CEO is probably the worst in the world!

I've taken some money off the table like some others - there's been a 20p rise from just about a month ago and this week's rise was in anticipation of the RBL. Feels like poo might stagnate or reverse for a while so I'm looking at taking a punt elsewhere (CLCO looks like an interesting turnaround story - positive update recently ahead of results on Monday).

Well, I'm looking forward to some buying today ahead of Monday's results. The recent mini update signalled that things are going very well indeed and I'm expecting some positive forward-looking statements!

Thought that I'd refresh my memory about Zulu - this is the scoping study RNS from 2017.
https://www.lse.co.uk/rns/PREM/zulu-scoping-study-5pvaghe1s9nr5dj.html
For those not familiar, this study was done prior to any thoughts about an EPO. It then all ground to a halt because of GR being unable/unwilling to do a deal to progress it and then seeming to be insistent that progress was dependant on the EPO being granted plus lithium prices began to fall. Monday's news, I'm sure, was not what folk expected (given the speculation last week) but lithium prices are recovering and Gr is reporting some serious interest from Europe.
No doubt, lithium demand is increasing and GR has the keys to one of the largest deposits in the world! The big question is whether GR can unlock it.

Good spot, Acker - as I thought, EPO is more likely to happen now.

Could this finally be the start of a major, major turnaround?

Market cap of £15m seems miniscule compared to the assets and potential.