Premier African Minerals Share Discussion Threads

[billthebank] 07/4/2017 12:01

Cheers or am I now talking to Mr Hyde?? Yeah I think the share is sitting passively at present as the shares acquired recently are changing hands as those looking for a quick 10 % profit impact.Could be totally wrong if course but reasonable share trade activity to suggest this is the case.Having said that I can wait.Good luck I think the same is happening to my jubilee shares although they are mainly in South Africa

[dr jekyll] 07/4/2017 11:11

I watched the GR yootube presentation yesterday. He comes across as a decent sort possibly with a good sense of humour. By the way Bill, I like your posts :)

[billthebank] 07/4/2017 09:09

Cherrs Mike_F I like your posts btw.Seem to be someone without an agenda.Refreshing

[mike_f] 07/4/2017 08:43

Well said Bill, a lot of AIM traders don't have patience! Although some shares are good for a trade here and there, by and large the long term hold gives far better returns and when you have a story/assets like PREM, the long term hold could reward handsomely! GLA

[billthebank] 06/4/2017 20:19

When RHA starts showing some revenue then boom And dont forget we are owed $20M WHats not to like!! Oh and did I say George has a huuuuuuge holding. Oh and did I forget to say the last placing was oversubscribed? Did I forget to say that the presentation was really strong and that maybe just maybe Lithium may be in strong demand. So so many good things going on here and we are valued at £23M!!!

[stealive] 06/4/2017 08:20

Production ongoing and possible buyout. I expect this to start rising soon.

[timw3] 05/4/2017 21:07

Premier African Minerals CEO George Roach at UK Investor Show presentation.

[billthebank] 05/4/2017 17:45

nash81 Can you enlighten Me?

[sapper2476] 05/4/2017 16:51

Hmm. Not great but steady.

[nash81] 05/4/2017 15:43

time to add guys. tomorrow more people will be piling up here to buy more.

[1madmarky] 05/4/2017 15:18

Oh well, back to sleep

[1madmarky] 05/4/2017 12:32

Mr 1.3mill seems happy to hoover up any loose shares

[1madmarky] 05/4/2017 10:15

Finally some life

[highly geared] 03/4/2017 19:50

Maiden Zulu resource is late May IIRC so assays will be next few weeks.

[sorrento06] 03/4/2017 18:58

June? Not sure if that's right. Read it on the other board.

[rizler] 03/4/2017 17:58

When we expecting the assays?

[dingo75] 03/4/2017 15:54

this month could be the first full month of full scale uninterrupted production at RHA.
Therefore the start of $700,000 per month into PREMS coffers.

looking forward to those Assays @ Zulu.

[mudskipper73] 03/4/2017 15:02

Videos won't move share price. I remember MSMN jumping from 8p to 43p odd based on videos of oil samples they spooned from the ground.....

[mike_f] 02/4/2017 20:22

A nice day at RHA... great weather and great production video youtu.be/Hx5O57BknMI

[billthebank] 01/4/2017 10:05

vitec I agree that is a really good post I also believe that the Zimbabwe effect is also to be taken into account. Just look at ASA resources where they have a profitable company Indeed producing 60K tonnes of gold/annum Costs are high @$1000 US but looking to ramp up to 100k tonnes in the next 6 months Similarly valued to PREM @ £30M So just on the gold mine in Zimbabwe are valued on a P/E of 1.5 The fact they also have other assets shows that there are just some companies out there that are incorectly valued. Oh BTW dont get me started on JLP (Now that share is rdiculously under valued!!!!!!!!!!!)

Oh and guess who has shares in all of those!!

[vitec] 31/3/2017 22:55

mhin you are widely out on the MCap. Prem are currently valued at 23 million pounds!If they go to a penny a share that will take them to 40 million plus and 2p a share to 80 million pounds plus. It is not unreasonable for the share price to double, treble or even quadruple with the assets they have. It is all about timing and how successful they are at monetizing those assets. At this time they only thing that they have consistently done is issue shares and PI's have seen the value of their investment go down. I am bullish but have been when there was 10 times less shares in issue. I know all of the arguments about raising finance so as to have a bigger company etc etc but now is the time to see some revenue and profit. Only this and liquidation of assets (Circum, Zulu possibly) will propel the share price to where all of us would like to see it.

[highly geared] 31/3/2017 19:15

Mhin , as NY rightly notes, a little patience is required. By the end of May we'll have a maiden resource on Zulu+ RHA will be ramping up to full production with payment increasing.

Prem should be north of 1p in June without any hype, hot air or froth, simply a sum of parts valuation. They have solid, in demand, assets and a revenue positive tungsten mining operation that supports the current market cap in its own right.

The history of dilution and Darwin will take time to fade reputationally, but the main man has skin in the game like us, so interests hopefully aligned.

[mhin2] 31/3/2017 16:26

What I find mad is that prem get Us20m dollars loan repaid from RHA, thats about 18m pounds...if that happens prems mcap is what £6m! with income from RHA, circum etc. etc.

[highly geared] 31/3/2017 13:04

Sid; sell out then and move on...