Share Name Share Symbol Market Type Share ISIN Share Description
Premier Afr LSE:PREM London Ordinary Share VGG7223M1005 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.05p -10.53% 0.425p 0.40p 0.45p 0.475p 0.425p 0.45p 100,996,066 12:04:33
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.2 -4.6 -0.2 - 19.47

Premier Afr Share Discussion Threads

Showing 11526 to 11550 of 11550 messages
Chat Pages: 462  461  460  459  458  457  456  455  454  453  452  451  Older
DateSubjectAuthorDiscuss
23/8/2017
16:09
I hope Prem's Zulu does not turn into another financial disaster for punters like MNC did with Los calatos. Fingers and toes all crossed that we all end up making good returns on our investments here.
jungmana
23/8/2017
16:02
HD - good and honest post there. I hold a similar view but I still hold all my shares. I promise myself not to buy more until something is done with the YA deal which has destroyed sentiment here.
jungmana
23/8/2017
15:44
Yes andrewsr the market is always wrong...
dmitribollokov
23/8/2017
15:40
Nice post hd.
dr jekyll
23/8/2017
15:32
Interesting discussion! Please note I do like the assets, which is why I'm paying attention. I do not think that George has lost his mind. I think that he could have got a much better finance deal than the one with Ya. There was a good story to tell, a share price that was soaring and I think any broker worth his salt could have raised a substantial amount traipsing round the City telling the unfolding Zulu and Circum stories. I would suggest that a hefty placing at 1p was quite plausible. But the chosen route has done damage to sentiment and the share price as well as raising less cash than a more straightforward placing would have done and I suspect it will take time for the company to regain its reputation. These visits to the likes of Ya are a big red flag for many institutional investors. And guaranteed selling ahead is unhelpful for a few months. I didn't want to sell after the financing was announced but did so straight away. I want to get back in but will wait until I'm comfortable that the wretched financing has run its course. If that means I have to pay up in a few months time, sobeit. I hope you holders don't think I'm being unfairly negative here. I'm sure that I affect the share price about as much as Dmitri (ie not at all). I wish you well and if your sitting tight pays off you deserve your success.
hiddendepths
23/8/2017
15:25
With the usual ignorance.
andrewsr
23/8/2017
15:23
Anyway - how's the mkt viewing it?
dmitribollokov
23/8/2017
15:10
Timw3, GKP had debts of $575m, hardly comparable!
andrewsr
23/8/2017
15:05
You got it.!! GL Vitec and no need to appologise. we all have our own views.
timw3
23/8/2017
14:22
Come to think of it you were positive in the past and ramping PREM. I owe you an apology your behaviour is completely consistent with the past. Ramp whilst you think the CEO has not lost his marbles and then deramp when you think he has.
vitec
23/8/2017
14:06
did you not fully understand my last message?
timw3
23/8/2017
14:04
Well you seem to think George has lost his! How comes you are not ramping PREM?
vitec
23/8/2017
14:00
Yes i had good reason to ramp prior to the CEO losing his mind!!
timw3
23/8/2017
13:55
Not if a deal for Zulu is struck and PREM receives monies.
vitec
23/8/2017
13:44
where will the company get money to repay back some of the proceed? More placing? It's a vicious circle.
dragonboy
23/8/2017
13:41
timw3 were these shares that you ramped before their demise?
vitec
23/8/2017
13:39
I have written about share consolidation. Yes the company may have to return some of the proceeds but I think they are banking on what they know and how they believe it is going to pan out. I always saw the YA deal as expediency and not necessity. There is a major difference. It seems that George needs to pull several proverbial rabbits out of the hat but he may feel this is very doable in the sense of what HE and the BOD know today. If George is destroying shareholders wealth then he is destroying his own wealth in the process as he is the biggest shareholder by far. The dilution that is occurring is so that he can purchase shares in Circum as he sees it at a knock down price. I remember when PREM languished at .3p per share and I was actively buying. The issue at that time was there were very few buyers. As soon as momentum picked up then others started to buy and the share price rose. What's my point. Well that was the time PREM was unloved. Today it seems it is unloved and it is easy to see the negatives and forget about the positives. Read the RNS's regarding Circum and Zulu it is all there. The only real issue today is George is not doing what the majority want and within the time frame they want it. Companies don't dance to the beat of individual shareholders throwing their toys out of their prams because the share price does not rise daily. They get on with the business of trying to build a sustainable, profitable company that rewards all of its employees and shareholders unlike. Anyone doubting what is going on here should bail. You have been given the freedom of choice and if you don't believe then what is the point in staying invested. For what it is worth. I have reappraised my expectations and now have reset to see what happens over the next 3 to 6 months which should be ample time to see some major developments.
vitec
23/8/2017
13:29
ASSETS been f all. SNRP, RKH, GKP all had assets. Look what happened next when DEBT took over!
timw3
23/8/2017
13:28
The finance deal and level of debt here is noteworthy as being negligible relative to the assets owned and being accumulated.
andrewsr
23/8/2017
13:08
However, should the Company's share price not perform positively, then the Company may receive less than the GBP3.3 million Sharing Payment, and if its share price falls substantially, the Company may have to return some of the proceeds of the Subscription to D-Beta. In no event, will fluctuations in the Company's share price result in any increase in the number of the Subscription Shares issued by the Company or received by D-Beta. if its share price falls substantially, the Company may have to return some of the proceeds of the Subscription to D-Beta.
dragonboy
23/8/2017
13:07
Worth a read for those who are unfamiliar with how good the Danakil project of Circum's is: Http://stephendattels.com/circums-ethiopian-danakil-project-proves-up-4-2b-tonnes-of-potash/
mike_f
23/8/2017
13:03
Vitec do you realise he's destroying shareholders wealth. and more placing keep coming at lower price, means shares are multiplying like rabbits. Next stage, I am afraid is share re-organisation, about 20-1 or 50-1
dragonboy
23/8/2017
13:00
Bionic, In the fullness of time one of us will be proven right. Unless George is booked in to have his brain scanned then I believe he has a plan. If I am wrong, I will need to book myself in for a brain scan and think how did I make such an error of judgment. I am human and fallible and make mistakes but still believe the story as frustrating as that can be at times.
vitec
23/8/2017
12:55
It also amazes me that the distractors and the disbelievers try to take the higher ground by telling us that they are not surprised by the issuance of more shares to purchase Circum shares. Anyone that had taken the trouble to read the RNS's and the shareholder presentation would have known that this was going to happen. If there was a series of events that were as plain as the nose on your face, then the purchasing of Circum shares for PREM shares were it. That is why the share price cannot make headway.
vitec
23/8/2017
12:52
Vitec this is exactly what they have done. This basically gathering money just to keep the wheels greased.
bionicblabbermouth
Chat Pages: 462  461  460  459  458  457  456  455  454  453  452  451  Older
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