Premier African Minerals Share Discussion Threads

[vitec] 11/4/2024 08:02

This used to be my biggest shareholding many many years ago. I had big dreams about what Premier could achieve with the assets it had. Zulu was always the jewel but when you have a man that only knows how to continually dilute shareholders and blames every one else for the woes then you end up with an asset that has come at a great cost.

[oilisgold] 11/4/2024 07:57

Kitchen sink time? Be quick.

[texaschaser] 11/4/2024 07:43

There's the equity news. That's it.

[babbler] 11/4/2024 07:16

Printer goes brrrrrr. Again.

[bonzo03] 10/4/2024 16:57

Rinse and repeat lol

[oilisgold] 10/4/2024 15:52

Kitchen sink territory soon etc...

[oilisgold] 10/4/2024 15:49

You will not see sub 0.2p for long. Last chance in my opinion.

[valhalla2017] 10/4/2024 15:38

The better price to buy in will be after the imminent placing. CONFETTI!!!!

[valhalla2017] 10/4/2024 15:37

Oil - you should go back to your 'heard people were hugging at site' posts. Those were you best posts. your new stuff about June is pretty weak.

[oilisgold] 10/4/2024 15:34

0.2p is a great price for all new investors. We are soo close now, selling now will be suicidal.

[oilisgold] 10/4/2024 15:28

Fully Expect June 2024 for first shipment. Majority of issues been resolved

[oilisgold] 10/4/2024 15:27

Prem like i said, i given my predictions already. Its all looking good, sadly day traders cant see it. I will be posting few videos on HE1 and Prem soon.

[valhalla2017] 10/4/2024 15:13

oil - maybe you can send us a discount code for your 'trade like a pro' youtube videos that you're be recording in Dubai. you're clueless. shame you little trade didn't work out last month...

[kirtonender9] 10/4/2024 15:11

A few months?Which June are you referring to? 2025?

[oilisgold] 10/4/2024 15:08

This is indeed very good update. All ducks lining up nicely. We are almost there guys. Once the fundings out of the way , we should start breaking out

[oilisgold] 10/4/2024 14:51

Good update. I am still expecting 2024 to be transformational. Forget about prem for few minths and comeback in June. Good luck all

[valhalla2017] 10/4/2024 14:44

and this ladies and gentlemen is why you never listen to the so called experts on these message boards. Oil told everyone to thrown the kitchen sink at this. hahahahhahahahahahah. if you listened to him you would be down 50% in less than a month. now he's going to Dubai to film his youtube trading class videos. check him out on youtube talkin about gainzzz!!

[ellipses] 10/4/2024 13:00

In fact I'll go further and suggest that having got rid of the people who failed to build the original plant to specification, or got the connecting bits wrong, things are now moving much faster.

I can envisage that there may have been reluctance from their side to admit the fail and bear the costs of rectification preferring to suggest it could be tweaked. However given the apparent progress since they were asked to leave the building the decision was the right one.

It strikes me that not only did they clog things up by improperly dimensioning support components they were also clogging things up by not accepting that they had clogged things up.

[ellipses] 10/4/2024 12:43

Seems like an honest appraisal of the present state of affairs to me. Problems identified. Problems being fixed.

I've recently been having a play with what will become slurries and can very much appreciate that if you do not have the right size pipes, pumps and possibly agitators things are not going to flow the way you want them to.

As previously RNS'd these were the major contributors to the problem they were having in terms of production volume. The main components appear to be able to make the volume. It's just the bits that are feeding them that are getting clogged up.

The only new issue I can see in the RNS is that the mica content has gone up from 17% to 27% so that part of the circuit, a flotation plant, might not be so effective and slow down production.

For the moment that might just be a change in the ROM from the mine, digging in the wrong place, or one of the optical separators could be dialed in better. Plenty of opportunities for remedial action.

Ultimately I don't think the sky is falling.

[djj2014] 10/4/2024 12:15

It will be interesting to see if they can sell some of the 1000 tons of lower concentrate spod. I guess that any cash coming in will be a plus.

[oilisgold] 10/4/2024 10:56

There is a chap called Jaglith. Indian origin, one of the best derampers you will come across. He used to do this for a living. He tried various names to get into the Telegram group but each time got turned down....lol. Lots of weirdos around to be honest. Every share seems to attract characters. Trading is an Art, majority of the times you need to ignore armchair CEOs. I always tell investors in tge Telegram group, some of these people cant even find a full time job but they feel they can run a company. We really do have a good laugh at them when we meet for tea.

[oilisgold] 10/4/2024 08:26

A bit jelous those that are buying at this price. 20k ISA will easily be 100k.

[oilisgold] 10/4/2024 08:25

No longer bothered, it will come good. 2024 and 2025 will be one of the most lucurative year for all invested in PREM.
No point helping Lambs out, some here cant hold a share for more then a week, so no point.
I have given my price predictions already. Off to sunny dubai next week for a month.
Good luck everyone with PREM, just chill and enjoy what is to come. PREM will be the biggest share in 2024, even better then HE1.