Premier African Minerals Share Discussion Threads

[highly geared] 28/3/2017 10:16

About 60% of the placing shares were churned yesterday by placees selling existing holdings to book a profit. There may be a bit of weakness whilst some look for a quick 5-10% but the value to be unlocked over the coming months is multiples of the current share price.
Perhaps punters need to have a 10 month rather than a 10 minute timescale?

[mike_f] 28/3/2017 09:14

Why don't you sell up then Sid?

[sapper2476] 27/3/2017 20:38

I do like a random guess. Probably go to 1p tomorrow....

[barnetpeter] 27/3/2017 18:09

Probably fall to about 0.48 to buy this week.....I bought more at .5 and thats for a bit more than this 10 per cent.

[1madmarky] 27/3/2017 13:29

31st March

[abdiel1812] 27/3/2017 13:01

When are those who took part in the placeing over the weekend able to sell, doesnt it useualy take a few days before they have the shares to sell?

[mhin2] 27/3/2017 09:23

tem, have wsbn finally been able to complete their order and expand...a lot of movent in swp without news...a leak?/insiders?

[mhin2] 27/3/2017 09:09

Darwin warrants at 1.25 and 0.84p Dl has warrants at 0.8p....would be good to know if directors/DL subscribed

[1madmarky] 27/3/2017 08:29

The price drop is down to those who had a position, who bought in the offer, thus owning more than they are comfortable with. So sell now for 10% profit..... easy.
AIMHO...of course

[vitec] 27/3/2017 08:25

I am staying put for the time being. Think bigger profits to come. Plenty of news to come out its just a question of time. No more fund raising for the foreseeable future. It is now how profitably George you can use the funds to move the business forward

[sorrento06] 27/3/2017 08:22

Tool, this should be over 1p but due to traders and warrants it will struggle until JV. Even then I think it will struggle to hold on to gains. As soon as I'm in profit I'm out.

[stealive] 27/3/2017 08:20

Mine open this Friday for production according to David lenigas

[vitec] 27/3/2017 08:15

If the offer was so oversubscribed there must be larger investors wanting to still get in. Paying a premium to the offered placing price will be small fry compared to the profits that can be made. The early action this morning is profit taking but I think a lot of these shares will get hovered up as the story gong forward should offer great rewards

[mhin2] 27/3/2017 08:05

tem, yes I bore that in mind when subscribing here, but prem dont have any ourstanding cln's. Of course some people will sell current holdings to pay for subscription, but only above subscription price. Plus it is not in Darwins interest for this to fall below 0.5p since they own Primary Bid!

[temmujin] 27/3/2017 08:00

mhin..thats what they said about AST placing price 1.85p..went below 1.65p

[mhin2] 27/3/2017 07:53

tem, think you may be lucky to get them at below placing, espec if news lands re jv/potential monetisation at zulu; also I expect rha news this week, and circum news any time...best of luck though...a mugabe death and zim turmoil is the biggest danger imo

[toolsmoker] 27/3/2017 07:52

Sorrento ha ha very funny are you stand up comedian

[highly geared] 27/3/2017 07:51

Mmmm lots of de ramping by those that don't/ couldn't get in on the placing...
Around 8% dilution to bring in maiden resource on an asset likely to be worth 4x the current market cap with RHA likely to be revenue positive from mid year.Looks like a decent placing all things being equal.

[temmujin] 27/3/2017 07:43

Will buy back in at 0.45p to 0.5p

[banksy] 27/3/2017 07:36

Still 300,000,000 shared means more dilution so be interesting to see how price reacts

[sorrento06] 27/3/2017 07:35

This will likely get hammered today. I wouldn't be surprised with a 20% red day. Such a heavy discount on placing. I will keep the faith and hope GR has a bit more business acumen when it comes to selling Zulu.

[cpap man] 27/3/2017 07:33

Can not say no more placings Mike_F but obviously a much better way of raising funds than those CLN's from DARWIN

[cpap man] 27/3/2017 07:31

1st come 1st served sep800