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Happyols, the Chinese are ploughing billions into battery metals and Zimbabwe... I would doubt they will wait for Zulu to go into production before making an offer!!!
Any such offer would ignite the SP by many multiples.

Wolf

Snowking, the Chinese are going to invest 2.83 billion dollars on a battery- metals park in Zimbabwe... we're do you suppose they will look to supply it ?

Wolf

Shinyshiny, compering pilgangoora-pilbara to PREM is pointless... We have taken a different route because of demand!!!
yes we have delayed DFS, in preference for early production.

WOLF

Bick, as usual are you speaking from a traders point of view... and pre-empting possible failures!! we have a number of mile stones to pass before that becomes a possibility ;)

Wolf

Less than 150 days until production so not long to wait!!
GR said in his previous interview the project is fully funded and he will not need to raise again and his full focus will be on Zulu, delivery and build of the pilot plant will be down to stark and they appear confident it's achievable... I agree that the timeframe is tight though and I'm hoping we continue to get regular updates to say everything is on track.

Wolf

Aimisalaugh, GR said he expects a mining license to be granted for the EPO area when ZULU goes into production... that would benefit both parties and ultimately Emmerson Mnangagwa vision for the future of Zimbabwe!!

Wolf

Bick, I would doubt GR is in any rush to do deal for the remaining 50% offtake... that will probably happen in stage 2 for the larger mine... GR will not need a 3rd party for exploration of the EPO area when generating 20 million a month... around 10 million would be profit.

Wolf

Cherryburn the Chinese are leading producers of lithium batteries, electric cars and battery technology... Geo politics shouldn't be ignored tho...and believe me if, China ever invade Taiwan your Australian assets will be worth nothing!!!

if kodal take on a Chinese partner... What you gonna do Daz?

Wolf

Nice volume this week... Is something bubbling under the surface:)

Wolf

Many financial analyst are saying lithium stocks are a good investment and forecasting good returns over the next several years... Is it a coincidence that two cheap lithium stocks like PREM and kodal are both up today... Is the Herd arriving?

Wolf

Acker if we had the evidence to support your theory I would back you up... we don't though do we.
RHA and MNH have failed at every hurdle.
Wolf

Jenkoo I hope he never entertains them we have much bigger fish to fry in the EPO area... I agree with diversifying when funds permit... but Why pump million's into failed assets just to save face!!

Wolf

Bick, we never did see the engineering report for RHA back in 2021 or the yearly account's for MNH... It's just background chatter... GR said full focus will be on the pilot plant.

Wolf

GR is well and truly under the thumb, and about time to!! I'm not concerned about RHA and MNH full focus will be on the pilot plant.

Wolf

Steward, I found it interesting that in a previous interview GR said if the deal with Suzhou turned sour he would have plenty of interested parties willing to step in... Suzhou then pay in installments... Now GR says he will shelve offers from other interested parties;)

Wolf

Agreed Johnny why do a deal with a 3rd party and give something away... when you will be in a position to fund it yourself soon. And would some on fund the EPO without a license for mining it?

Wolf

Very pleased with the results:)
In table 2, am I correct in saying for the purpose of the DFS drilling is nearly completed now?

Wolf

Steward after listening to the interview I don't think GR is interested in a 3rd party... He said he expects a mining licence to be granted for part of the EPO when PREM go into production next year... It would only cost around 10 million to have several rigs drilling 24/7 in the EPO area and I'm sure Suzhou would be more than willing to pay for a pilot plant for offtake.
He also said he is drilling in the EPO area at the moment... So all's good.

Wolf

Cherryburn I've posted my research regards infrastructure... why haven't you commented!!

Unfortunately PREM remains a traders paradise... been here along time and witnessed the GR failure's and the fact the pandora group kept him in his seat in return for crumbs... GR has often said there's plenty of liquidity in PREM to trade in and out ;)
The smart people will take advantage of GRs reputation and the drop... like I've said don't be distracted by the past...concentrate on the future, Zulu and the EPO area has the potential to be the largest hard rock lithium deposit on the planet!!

Wolf