Premier African Minerals der neue Lithium Lieferant aus Afrika (Seite 7)

[McGiles]

#PREM #LITHIUM
Aktivitäten im Tagebaugelände
#Zulu

https://x.com/Premafrimin/status/1734860815633670374?t=YOfWg…

[McGiles]

Antwort auf Beitrag Nr.: 74.961.832 von gershares am 13.12.23 23:45:04

Der Markt hat auf die wichtigen und nicht mehr so aktuellen News vom 11.12.2023 am 13.12.2023 auf die positiven Investments aus den Aktien Placements von PREM reagiert.



Viele Grüße an den Negativling :-)

[gershares]

Habt ihr die News zu 769,230,769 + 1,043,478,261 = 1,812,709,030 new ordinary shares übersehen...

...ist aber wichtig!
https://polaris.brighterir.com/public/premier_african_minera…

Zitat:
Premier African Minerals Limited / Ticker: PREM / Index: AIM / Sector: Mining
For immediate release
11 December 2023

Premier African Minerals Limited

Funding of Zulu Project and Update

The Board of Premier African Minerals Limited ("Premier" or the "Company") is pleased to announce a subscription today to raise £2.4 million before expenses at an issue price of 0.23 pence per new ordinary share for the Zulu Lithium and Tantalum Project ("Zulu").

The Company is on track to target revenue generating production by February 2024 following the installation of the 55 tons per hour ball mill and other associated structures which is expected to be completed by late January/early February 2024.

In addition, the Company has today conditionally settled payment of US$2.5 million (equivalent to £2 million) in invoices through the issue of 769,230,769 new ordinary shares of the Company to Zulu open pit mining contractor, JR Goddard Contracting (Pvt) Ltd, issued at a price of 0.26 pence per new ordinary share.

George Roach, CEO, commented, "The subscription and the contractor settlement should see Zulu through to production in February 2024.

We are deeply encouraged that the subscription was taken up by two institutional investors with one of the investors having supported the Company previously. We believe that the attraction of further institutional investment into Premier demonstrates the underlying value of Premier.

We would be remiss if we did not also express our appreciation to our Mining Contractor for their willingness to accept settlement of invoices in Premier shares".

Subscription
Premier has today issued by way of a direct subscription ("Subscription"), conditional on admission, 1,043,478,261 new ordinary shares of nil par value ("Subscription Shares") at a Subscription price of 0.23 pence per Subscription Share. The Subscription Shares will, when issued, rank pari passu in all respects with the existing ordinary shares. The direct subscription was arranged by Fox-Davies Capital Limited with just two participating institutions.

Application will be made for the Subscription Shares to be admitted to trading on AIM and admission is expected to take place on or around 15 December 2023.

The Subscription has been arranged within the Company's existing share authorities. Premier intends to use the proceeds of the Subscription principally to assist with the ongoing mining operations at Zulu including the necessary works for installation of the 55 tons per hour ball mill with its associated structures and general working capital.
Zitat Ende

Bis jetzt ganz schön heftig. Bis Februar soll das laut CEO reichen.
Insgesamt nur 7% Verwässerung, das kann man zu aktuellen Kurs von 0,245GBp leicht nachkaufen.
Aber man sollte lieber abwarten.
Sollte der VWAD ab 15 December 2023 weiter nachgeben, könnte auch die nächste Lücke durch nachkaufen locker geschlossen werden.
Denn es kommen noch die 2x bis 3x US$1.5M = US$3.0M Vertragsstrafe, je nach dem wann die Produktion läuft, sind es ab Mitte Februar 3x oder mehr?
Alternativ verlieren die Anleger eben geschätzte 15 - 17% Prozent.

Alles kein Problem bei PREM!
vg gs

[McGiles]

#PREM #LITHIUM 

Die Betonarbeiten für das neue Werk haben begonnen


https://x.com/Premafrimin/status/1734135983765930004?t=cZL51…

[McGiles]

[McGiles]

PREM The 100% owned Zulu Lithium is already outputting world class spodumene grades of 5.7% to 7.4% at this early stage.

https://x.com/GandalfsStocks/status/1732827467524493596?t=hJ…

[McGiles]

Zulu Project and Update
Today 15:00

RNS Number : 0774W
Premier African Minerals Limited
07 December 2023

Premier African Minerals Limited / Ticker: PREM / Index: AIM / Sector: Mining

For immediate release

7 December 2023

Premier African Minerals Limited


Zulu Project and Update

The Board of Premier African Minerals Limited ("Premier" or the "Company") is pleased to provide this update in regard to Zulu Lithium and Tantalum Project ("Zulu") where the Company is targeting revenue generating production by February 2024 following the installation of the 55 tons per hour ball mill and other associated structures which is currently expected to be completed by late January/early February 2024.


George Roach, CEO commented: "With these upgrades at Zulu, we expect to rectify the most significant of the deficiencies in the original plant design and be able to mill sufficient material to the correct particle size to meet the design capacity for the float plant of 37.5 ton per hour of dry solids.

At the same time, attention is being paid to many other aspects of the original design and equipment schedule and to mining procedures to ensure that spodumene floated meets specifications and to limit contamination of waste material (and in particular talc) that was not previously removed in the sorting process. Talc contamination that constituted the major concern originated from Serpentinite that should have been removed in the ore sorting process.

Our target completion date of late January/early February 2024 stands, with the Company and the Original Equipment Manufacturer all fully committed to this timeline. The civil construction for the thickener is effectively complete and the required reinforcing and concrete works for the new mill are well underway. We do not expect any delays with the civil construction.

It is important to note that in repeated test work Zulu demonstrates that production of spodumene to grade and within specifications is attainable and the Board believes that our anticipated SC6 production is now within our grasp. Particularly important is the fact that as previously reported, our on-site laboratory has produced SC6 at the required level and in particular at 5.7% Li20 from unsorted material and when hand sorting is used to simulate the effect of properly functioning ore sorters, we are able to produce spodumene concentrate at a Li20 grade of 7.4%.

Also important is the fact that our Offtake and Prepayment Partner remains extremely supportive and this is evidenced by the fact that they have not called for payment related to the delayed delivery. In this regard, no further statement is anticipated."

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR").

The person who arranged the release of this announcement on behalf of the Company was George Roach.

A copy of this announcement is available at the Company's website, www.premierafricanminerals.com

[McGiles]

Antwort auf Beitrag Nr.: 74.875.584 von Dicker69 am 28.11.23 16:55:50

GR war in diesem Interview so gut drauf wie lange nicht mehr. Ich vermute, er hatte beim Rundgang diverse Stopps bei Ausstellern eingelegt und somit auch diverse Drinks zu sich genommen. Das ist nun mal gang und gäbe😜
Das Interview war Upbeat👍

[Dicker69]

Dies wurde im letzten RNS tatsächlich angegeben, jedoch nicht in expliziten Zahlen, und steht im Einklang mit Informationen über die Notwendigkeit einer weiteren Optimierung der Sortierer zur Entfernung von Talk.

[Dicker69]

GR live vor der Kamera: Prem erhält nach der manuellen Sortierung Gehalte von 5,7–7 % Spodumen.

Dabei wird weder XRT noch UV verwendet.

Deshalb unterstützt Canmax Prem.

https://twitter.com/DeadEyeBeaky/status/1729520334074773748