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My apologies Acker, read that wrong... Like Bick said anymore involvement with MNH and I'm out.

Wolf

Acker, I thought the loan from GR to MNH was from his own private funds... If he converts that loan he will be building his own stake in MNH.

GRs often said there's plenty of liquidity in PREM to trade in and out... That doesn't bode well for long-term investors?

Wolf

Hopefully August will be the month... Regards RHA,
GRs had the engineering report on his desk since February, it's obvious without NIEEF relinquishing some or all the 51%.... or they commit to paying 5mil for upgrading the mine... it's a dud.

Wolf

Agreed... It's about time we were updated regards the second rig and if the lab is ready to start analysing core samples... It's ok tweeting about the obvious!! That's not going to do anything for the SP without evidence work is progressing on the ground at Zulu.

Wolf

The onsite testing will enable the team to quickly understand were best to drill next... Therefore saving time and money.

Wolf
..

Just remember for every RNS from PREM on core samples, they will need a RNS from an independent validation... that's a lot of results to come.

Wolf

I have know doubt if the drilling stops, GR will continue kicking out core sample results to keep the momentum going... it will be obvious tho the DFS is going to take a lot longer than 14 months to complete.

Wolf

The rainy season doesn't really kick in until December... It's possible to continue drilling through the rainy season but because of logistical and safety issues that will come at additional cost.

Wolf

Acker, it's fortunate the SP isn't reliant on the price of manganese... Meanwhile back in the real world, the terrible affects of global warming is in turn fueling the price of spodumene making Zulu a very valuable asset.

Wolf

I'm surprised the SP isn't hovering around
.3 in anticipation of the first results and with regular updates on core samples thereafter, It could be a very good year for PREM shareholders.

Wolf

Acker taking ****, the lithium battery storage will be a mixture of wind solar and fossil fuels.

Wolf

Solar cells are also advancing in technology... I can see a day when charging your ev at home and work, will be the norm and more affordable.

Wolf

Rob, I appreciate your a man of few words... In this instance though.... it would help if you could explain why you think I'm wrong.

Wolf

It could be, George is forward selling for the next placing... By my estimate (and please correct me if I'm wrong ) PREMs had at their disposal this year, something like 1.8mil, all that has had to pay for at least 6 months of PREMs burn rate.... Wages consultant fee's, account's submitted,God knows what else.
Setting up camp at Zulu wouldn't come cheap... then the money raised for drilling.

This is the reason I never wanted George to go it alone with Zulu... Dilution isn't the way forward and it's blatantly obvious you will need to raise the head room again well before DFS is completed.

Wolf

Adam, PREM have a metallurgical testing facility at RHA, they could transfer core samples there.

Wolf

Adam, in this instance it was justified to complain and some times GR does listen! Anyway it's good to see evidence that the DFS is well and truly under way... Results of the core samples shouldn't be too far away now.

Wolf

Adam, it's a pity James isn't the CEO... However the pandora group have not only prospered from GRs inability to deliver they have also prospered keeping him as CEO.

Wolf

GR would have OKed those pics before uploading on PREM Twitter... shame on you George.

Wolf

Three months into the DFS and George can only show pictures of a pickup truck, pile of rocks and a concrete base for a shed... Will any major LI player ever take this clown seriously... I would doubt it.

Wolf