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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Premier African Minerals
Premier African Minerals (PREM) investor relations material
Premier African Minerals Trading update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Trading update summary5 Oct, 2026
Funding
Raised ~£1.2m before expenses through a direct subscription of 27,522,935,780 shares at 0.00436 pence each; proceeds will support Zulu operating costs and working capital.
Funds will cover mining and stockpiling, restart personnel and consumables, essential Zulu creditors and general working capital; admission to AIM is expected on or around 9 October 2026.
Following issue, total share capital with voting rights will be 77,597,203,602 ordinary shares.
Zulu operational update
Immediate focus is restarting processing with approximately 13,000 tonnes of ore on the ROM pad, targeting an initial campaign of approximately 15 days.
Campaign assessment will focus on throughput, recoveries, plant stability and product quality; supplier engineers are expected on site to support operations and flotation plant optimisation.
Additional blasted ore within the EPO may be moved to the ROM pad after the campaign, subject to satisfactory plant performance and working capital availability.
Campaign results will inform further operational and funding decisions, including potential mining remobilisation and processing beyond the initial period.
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Latest events from Premier African Minerals
- Resolutions passed to enable share issuances and plant restart, with funding and production as priorities.PREM
AGM 2026 - H1 2026 saw a US$6.873M loss, high liabilities, and a strategic focus on Zulu Lithium amid funding challenges.PREMH1 2026
- Zulu project restart delayed as Long Stop Date extension talks with Canmax continue.PREMTrading update
- Resolutions for share issuance passed; plant optimization and funding remain top priorities.PREMAGM 2024
- Losses narrowed as Zulu upgrades improved output, but funding and going concern risks remain.PREMH2 2025
- All resolutions passed; Zulu plant upgrades and cost-saving initiatives progressing.PREMAGM 2025
- Zulu Project in Zimbabwe is now producing lithium concentrate, driving growth and expansion.PREMCorporate presentation
- Operational setbacks at Zulu led to a $20.8M loss, with recovery hinging on plant upgrades and funding.PREMH2 2023
- H1 2024 saw a $12M loss, Zulu project delays, and urgent funding needs for continued operations.PREMH1 2024
Premier African Minerals
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