Share Name Share Symbol Market Type Share ISIN Share Description
Premier Gold LSE:PGR London Ordinary Share GB0002636438 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 3.875p 0.00p 0.00p - - - 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.5 -0.1 - 1.58

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Date Time Title Posts
16/11/201608:27Premier Gold Resources - New Gold Explorer in Kyrgyzstan4,101.00
04/10/201319:29PGR set to multi-bag storming buy2.00
18/12/201209:01PGR - Next 10 or even 20 bagger3.00

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DateSubject
05/8/2014
13:06
treacle32: Why what's wrong with my analysis? Have PEEL Hunt not bought another 13m shares? Have they not bought 150m altogether since June 2014? Have Lanstead not disposed 83m shares? Why no RNS on who took them? Was there not another exchange of 77m shares at 0.14p on the same day as Lanstead transaction? Why no RNS? Is there not a possibility of over a 1m oz of gold? Is the market cap not 1.50m? Is the notice of claim not worth £20m or 1.50p on the share price? Is it not true they have given them 3 months from mid-June 2014? Is it not true the long term 200 day ma is now at 0.13p and inside the bollinger band? Do you have Level 2? Is it not true PEEL is the leading MM on the bid?
26/7/2014
04:59
oilbuy: The share price has been consolidating for 8 months.RSI has been around the 60 mark and the MACD turned positive in June.The 200 DAY SMA has now come inside the bollinger bands for the first time in over a year and the share price is tipping it , poised for a breakout on good news and volume.
01/7/2014
13:07
treacle32: Also would they want to be sued for $35m or compromise now? The compensation claim would equate to 1 whole penny on the share price compared to the current 0.14p and over 1m mkt cap. PGR will do a SER like rise from 0.13p to 0.30p. No one expected SER to do it. Enough positive developments in the background ongoing now.
13/12/2013
07:04
nickg2: Premier Gold Resources PLC Premier Gold raises £260,000 to support field workTIDMPGR TIDMTTMRNS Number : 4509VPremier Gold Resources PLC13 December 2013Embargoed: 0700hrs, 13 December 2013Premier Gold Resources plc("Premier Gold" or the "Company")Premier Gold raises GBP260,000 to support 2014 field workPremier Gold (AIM: PGR), the Central Asia-focused gold exploration and development company, is pleased to announce that it has raised gross funds of GBP260,000 by way of a subscription (the "Subscription") with an existing institutional shareholder for a total of 200,000,000 new ordinary shares of 0.1 pence each ("Ordinary Shares") at a price of 0.13 pence per share (the "Subscription Shares").Use of ProceedsIt is Premier Gold's intention that field work will recommence at the Cholokkaindy prospect as early as weather permits in 2014 (spring) and subject to the re-establishment of an uninhibited working environment (pursuant to the Company's announcement of 4 October 2013). Premier Gold believes that the additional funds provided through the Subscription, together with existing cash reserves and funds already due to the Company, will allow it to undertake sufficient drilling on certain prospects to enable the Company to greatly advance an initial independent assessment of the gold resource at Cholokkaindy.The Company's geological team, led by Garth Earls, will continue throughout the winter to refine geological data obtained from surface work to date in order to prioritise drilling targets for the forthcoming field season. Further details of the drilling targets and wider exploration objectives for the 2014 field season (expected to include additional surface work) will be provided in advance of the commencement of field operations.Details of the SubscriptionLanstead Capital L.P. ("Lanstead"), an institutional investor and existing shareholder of the Company, has subscribed for the Subscription Shares for an aggregate consideration of GBP260,000. In addition, the Company has entered into an Equity Swap Agreement with Lanstead which allows the Company to retain much of the economic interest in the Subscription Shares.The Equity Swap Agreement provides that the Company's economic interest will be determined and payable in twenty-four monthly settlement tranches as measured against a benchmark price of 0.17333p per share ("the Benchmark Price"). If the measured share price exceeds the Benchmark Price, for that month, the Company will receive more than 100 per cent of the monthly settlement due on a pro rata basis. There is no upper limit placed on the additional proceeds receivable by the Company as part of the monthly settlements. Should the measured share price be below the Benchmark Price, the Company will receive less than 100 per cent of the expected monthly settlement on a pro rata basis. In no case would a decline in the Company's share price result in any increase in the number of ordinary shares received by Lanstead or any other advantage accruing to Lanstead.The Company has agreed to make a value payment to Lanstead of 20,000,000 Ordinary Shares (the "Value Shares") in consideration for the Equity Swap Agreement. The Equity Swap Agreement allows the Company to secure much of the potential upside arising from near-term news flow.The mid-market price of the Company's existing ordinary shares at the close of business on 12 December 2013 (being the latest business day prior to the publication of this announcement) was 0.15 pence. The Subscription is conditional upon the admission of the Subscription Shares and Value Shares (together the "New Ordinary Shares") to trading on AIM, which is expected to become effective today. The New Ordinary Shares will rank pari passu with the existing ordinary shares of the Company. Following the admission of the New Ordinary Shares the enlarged issued share capital of the Company will be 1,346,435,975 ordinary shares. Shareholders may use this number when calculating their percentage holding in the Company.Richard Nolan, Chief Executive, commented:"Notwithstanding the regional interference experienced by Premier Gold recently in the Kyrgyz Republic, we are delighted that the Company's largest shareholder continues to recognise the potential of the Cholokkaindy asset which demonstrates key geological similarities to other large gold deposits on the northern Tien Shan belt. We look forward to making further progress towards quantifying Cholokkaindy's potential."Contacts: Premier Gold Resources plc Richard Nolan, CEO 020 7953 4028 Sanlam Securities UK Limited (Nominated Adviser and Broker) Lindsay Mair / Richard Goldsmith / Catherine Miles 020 7628 2200 Vigo Communications Ben Simons / Chris McMahon 020 7016 9574 About Premier Gold Resources plcPremier Gold Resources plc (AIM:PGR) is a gold exploration and development company listed on the London Stock Exchange. Premier Gold is focused on gold opportunities in Central Asia, in particular the Kyrgyz Republic, where the Company's current project, Cholokkaindy, is located.Cholokkaindy is a 32 square kilometre licence area located in the northern Tien Shan, 20 kilometres south of Kara Balta and 80 kilometres southwest of Bishkek. Geological results from Premier Gold's work programme to date support the view that Cholokkaindy is part of a large mineralising system, displaying several key indicators associated with other large gold deposits in the northern Tien Shan metallogenic belt.For further information or sign up to our 'Alert Service' please visit:www.premiergoldresources.comThis information is provided by RNSThe company news service from the London Stock ExchangeENDIOETTBMTMBTBTRJ
15/10/2013
09:40
howdlep: Stockologist, You keep posting that TW piece around all the bulletin boards, but I am always happy for management to take shares in lieu of salary. TYM is a perfect example in how to promote confidence, whilst developing the business. Please note, I do not hold TYM. Unfortunately, these bulletin boards are full of people with multiple aliases, who are being paid by third parties to collapse the share price. Whilst these 'bashers' are sometimes temporarily suspended from the site, as you have been, they do reappear. It is for pi's to judge motives of all concerned. I hold no grudge though, so let's judge the PGR share price in a month or two
06/9/2013
14:51
ultrapunch: oilbuy. Remember that Equity Swap arrangement with Lanstead Capital (see RNS dated 10/12/12). It's in the best interests of Lanstead Capital for the PGR share price to stay as low as possible, for as long as possible, so that they pay out less money for their monthly allocation of PGR shares!! One way of depressing a share price is to aggressively short it. I'm not saying Lanstead Capital are doing that, because I have no way of knowing that, but think about it.
24/8/2013
22:03
genises: The December 2012 placing, however, has proved the most serious challenge to Premier and the most damaging to the share price. Although the entire Board participated in the Placing, contributing £112k between them, this vote of confidence in the Company's prospects was entirely overshadowed by the introduction of Lanstead Capital Partners L.P. as Premier's largest shareholder, having contributed a nominal £1.0m to the Placing. The term 'nominal' must be used due to the fact that Lanstead invests in companies under a specific arrangement known as an 'Equity Swap Agreement' ('ESA'). Lanstead is issued a set amount of shares at the time of the Placing (so in this case, 250m at 0.40p for £1.0m). It makes no payment up front for these shares, but rather pays Premier in twenty four monthly instalments. The amount owed to Premier each month is calculated by using a benchmark price of 0.533p (33.3% above the Placing price), and the volume weighted average share price ('VWAP'). If the VWAP is less than the benchmark price, Lanstead pays the equivalent percentage less than the 0.40p placing price. If the VWAP is more, then Lanstead pays more. Over the course of two years, if the twenty four VWAPs average above 0.533p then the deal has been a success for Premier. Lanstead's selling point is that its arrangement, as stated in the 10 December 2012 RNS, "allows the Company to retain much of the potential economic upside from the 250,00,000 shares purchased by Lanstead arising from near term positive news flow." In addition, the structure of the agreement provides Premier with a constant stream of funding over two years. And finally, in contrast to other equity financing facilities (e.g. Yorkville Advisors' YA Global SEDA facility), the ESA ensures that shareholders are not continually diluted. Unfortunately for Premier, the constant supply of funds has proved to be more a trickle than a stream. On a nominal basis, Lanstead should be paying for 10,416,667 shares pm, and at the benchmark price this would equate to £41,667 (£1.0m / 24). The benchmark price is designed to give Lanstead protection on the downside: as long as they sell shares at a price not exceeding 25% below the VWAP, they stand to make a profit. It would however make a significantly larger profit by selling its shares at a higher price (despite having to pay more for said shares) owing to greater volumes. For example, in the theoretical scenario that Lanstead sells exactly 10.4m shares each month and the VWAP remains at exactly 0.533p each month, then it would profit as follows:
10/12/2012
07:36
share_shark: TIDMPGR TIDMPGW RNS Number : 0906T Premier Gold Resources PLC 10 December 2012 Embargoed: 0700hrs, 10 December 2012 Premier Gold Resources plc ("Premier Gold" or the "Company") Premier Gold raises GBP1.2 million to fund accelerated work programme -- Subscription to raise GBP1.2 million at 0.4 pence per share -- Participation by entire board - investing GBP112,000 in aggregate -- Offer to buy back and cancel warrants accepted by over 84% of the warrant holders Premier Gold (AIM: PGR), the Central Asia-focused gold exploration and development company, is pleased to announce that it has raised gross funds of GBP1,207,500 through a subscription for 301,875,000 new ordinary shares of 0.1 pence each ("Ordinary Shares") at a price of 0.4 pence per share (the "Subscription"), a premium to the Company's closing mid-market share price of 0.38 pence on 7 December 2012. All of the directors propose to invest in the Subscription, for GBP112,000 in aggregate. Use of Proceeds The proceeds of the Subscription will be used primarily to fund the exploration programme on the Company's Cholokkaindy gold licence on the Tien Shan belt in Kyrgyzstan. Premier Gold plans to carry out drilling on the prospects for the first time in the coming year. The geology-led work programme, set to commence in the spring, is targeting the Company's inventory of 22 target areas. Initial drilling will focus on the Talbaital area. Surface work to date, including trenching and soil sampling, has provided strong geological evidence of an extensive mineralising system at Cholokkaindy, with two trends identified of up to 5 square kilometres, remaining open in all directions. Significant gold in bedrock mineralisation has been traced over a 3.5 kilometre long zone and up to 750 metres wide. As well as the initial drilling to be undertaken, the Company will undertake further soil sampling to infill and extend the known mineralisation across an area of 11.5 square kilometres, in addition to hundreds of metres of trenching. The forthcoming work programme is designed to prove up the asset in order to establish a maiden resource by the end of 2013. Details of the Subscription Of the Subscription, Lanstead Capital L.P. ("Lanstead"), an institutional investor, has subscribed for 250,000,000 new ordinary shares at 0.4 pence per share for an aggregate consideration of GBP1,000,000 (the "Lanstead Subscription"). In addition, the Company has entered into an Equity Swap Agreement with Lanstead which allows the Company to retain much of the potential economic upside from the 250,000,000 shares purchased by Lanstead arising from near term positive news flow. The Equity Swap Agreement provides that the Company's economic interest will be determined and payable in 24 monthly settlement tranches as measured against a benchmark price of 0.53333 pence per share (the "Benchmark Price"). If the measured share price exceeds the Benchmark Price for that month, the Company will receive more than 100 per cent of the monthly settlement due. There is no upper limit placed on the additional proceeds receivable by the Company as part of the monthly settlements. Should the share price be below the Benchmark Price, the Company will receive less than 100 per cent of the expected monthly settlement. In no case would a decline in the Company's share price result in any increase in the number of ordinary shares received by Lanstead or any other advantage accruing to Lanstead. The Company will issue 25,000,000 shares to Lanstead in consideration for the Equity Swap Agreement (the "Consideration Shares"). The structure of the Lanstead Subscription is designed to provide Premier Gold with a constant source of funds contributing to the Company's longer term cash flow requirements and exploration programme. Directors' Shareholdings Every member of the Premier Gold board has participated in the Subscription. As a result of their subscriptions, the interests of the directors in the enlarged issued share capital of the Company will be as follows:
04/10/2012
10:29
idontpost: These are really good points being raised by SW. PGR is involved in exploration for gold and that means they burn cash to derive a capital value of a project well in excess of the amount expended. Explorers can deliver huge returns for investors. Look at sirius on the asx or goldquest on the tsx. The latter went up 50x and was covered in an article by Dominic Frisby recently. To have the major moves you need major discoveries. PGRs licences look like they are delivering this. And that will drive the share price significantly higher and enabling them to raise what they need to along the way. The board also has the gravitas to both explore and fund and that gives me comfort. All looking very good at the moment and I look we should allow ourselves a little excitment. It would not surprise me to see PGR share price go on a major run soon.
16/5/2012
09:40
genises: Nap Funding The last time I invested in a mining company the company loan was provided to complete all the work.Before commencing mining the loan was called just as they were about to produce and the company and shareholders lost the mine and the loan investment company took over the mine. with pgr share price been so low the company will have problems raising the finances to get to the stage of producing.??or do you see a joint partnership happening here in the future once they have announced the larger deposits
Premier Gold share price data is direct from the London Stock Exchange
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