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I will likely hold to the 5th on no news here (I think there will be a RNS before that). If PREM RNS is good tomorrow, I will be long term holder here (KOD) but PREM is costing me a lot at the moment and I might have to sell some everywhere else to cover the fall. You win some you lose some as they say. We will see what's PREM RNS tomorrow hopefully good news.
The license will likely be issued on the 1st that's why I have just set of the PTM levy not missing this 300% growth like I did with PREM. I already had a million share here now hold over a billion. News to come.
Maybe the way forward is to do a deal for X amount of millions for X amount of the first lithium out of ground or maybe we will finally sell Circum Minerals Limited seeing that was on the cards before this anyway, it would add a 1/3 to prem market cap plus be enough money to fund the first 2 mines.
Premier African Minerals Ltd - southern Africa-focused miner - Says divestment of Zimbabwe assets "no longer appropriate", with the company's prospects "fundamentally different" with escalating prices of spodumene as well as an exclusive prospecting order announced on Wednesday. Says it will focus on development of Zulu Lithium & Tantalum Ltd, in Zimbabwe. Says it has received multiple approaches both proposing direct funding for the Zulu definitive feasability study as well as investment linked to product take off and future mine development
Northvolt, LG, Samsung, and CATL has over 40billion in contracts for car batteries. VW plans to produce around 22 million cars in the next ten years alone. All these companies do other battery, not just cars. (phone, table etc) So without Prem there is not enough Lithium in the world or found to fulfill these orders at present. Yet ppl are saying are you sure we will get a JV and saying is it 1.7tillion or 4. 6 billion (if its 160mt of lithium it's 1.7tillion, if its 500000 odd tons its 4.6billoin) both make this share worth 20 times. GL all and DYOR but I think I will be here past the 1p mark.
Oh and the reason it seems we didn't go up today was Monty fool trash this share a company that buys in to a share then asks you to boost it for them and charges you a fee to do it. If you lose as their sell its your own fault for getting in to late.