Скачать с ютуб Premier African Minerals Working Through Challenges & Will Present Proposals to Shareholders в хорошем качестве

Premier African Minerals Working Through Challenges & Will Present Proposals to Shareholders

Operational Challenges: The Zulu plant's main issue lies in the performance of its cleaner cells in the floatation process, specifically in recovering spodumene. Lab results are promising, but scaling up to plant operations is problematic, mainly due to oversized cleaner cells. Potential Remedies: There are two primary solutions being considered. One is to improve the existing cleaner cells through adjustments by the OEM. The other option is to install an additional float plant, which has been successfully tested on Zulu ore by Chinese firms. The latter could be achieved relatively quickly and at low cost, around $400,000 USD. Corporate Options: The company is also exploring larger strategic moves, including the possibility of a joint venture or an outright sale of the Zulu project. George indicates that a joint venture might make the most sense due to the scale of the investment and knowledge already developed. However, the decision will depend on what is best for Premier African Minerals and its shareholders. The possibility of further dilution of shares is a backstop to ensure the company’s future operations, though this is not the preferred route. The shareholders will ultimately decide on the path forward, particularly in terms of significant asset disposition. The company aims to present formal proposals to shareholders after discussions with potential partners, with news expected soon. By Mark Fairbairn Recorced 30/9/2024