Auditors doubt Premier’s going concern status

PREMIER African Minerals (Premier) auditors MAH Chartered Accountants have cast doubts on the lithium miner’s ability to continue as a going concern after it incurred heavy losses and net current liabilities.

The group reported a loss before and after tax of US$5,803 million for the year ended December 31, 2022 against a profit of US$2,29m realised in 2021. The loss before and after tax includes administration expenses amounting to US$4,622m.

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