Last week, Premier African Minerals' share price sunk on news production at their Zulu lithium project would be delayed.
Delays at the project have ramifications for the project's funding and will defer future cashflows for Premier African Minerals. The company may be required to raise further funding.
In this article, we explore whether the selloff was justified. We conduct peer analysis and compare PREM's current valuation to lithium miners at a similar stage of their lifecycle and with similar lithium assets.
We look at their cash position and the implications for PREM over the ...
