Premier African Minerals Share Discussion Threads

[mike_f] 05/10/2017 08:54

Doc Holiday has taken 15M shares in PREM and is calling the bottom!

[vitec] 05/10/2017 08:54

If am a clown what does that make you? Oh we all know except for you. If you are so tired why don't you go an get some sleep? I am off now so will be unable to read your future pearls of wisdom until later.

[timw3] 05/10/2017 08:48

YAWWNNNNNNNNNNN

this clown has got it WRONG all along

[vitec] 05/10/2017 08:43

Whereas I welcome any RNS that is positive I am somewhat perplexed that we have not had any further assay results from Zulu. George said that he was hoping to have them for the presentation that took place weeks ago. In light of where we stand, if there is a delay you would have thought that all of the emphasis would be in getting these results pronto. Unless you didn't want to show your hand at this time and it suits to have a delay. Oh well just have to sit patiently and wait

[vitec] 05/10/2017 08:38

I agree Mike. However, it is fair to say that I have been saying that when the share price was sitting at .35p. Posts stating this is going bust are just plain stupid. Fully funded now. What else can go wrong says he!

I know I have banged on about the next 3 to 4 months but I do see them as "make or break". I think Zulu is nailed on other than a poor deal is struck as the buyer/JV partners negotiate a tough deal based on the need to do a deal, but I don't think that will happen. Circum will happen in time and I think there is more going on in the background. The Ethiopian government are keen for Circum to get on with this. RHA should be profitable and fully optimised by the end of this current quarter but having had so many promises in the past I am reserving judgment.

[mike_f] 05/10/2017 08:30

Just loaded up with a chunk more. That really is my lot this time. As the saying goes:"Buy when others are fearful"I think we've touched the bottom and with assay news to come imminently and the PEA in a few weeks, this isn't going any lower IMHO.Bring on the good times!

[vitec] 05/10/2017 08:25

Why would you fear the worst you don't hold any shares

[pauliewonder] 05/10/2017 08:24

Well go elsewhere then, rather than trying to scaremonger. Fully funded now so not going bust any time soon and de risking with every announcement. share price has suffered due to poor execution of raising funds but all those talking about the end being near is just lazy posting. World class asset in Zulu and at some point value will out.

[timw3] 05/10/2017 08:20

Oh dear. I fear the worst

banksy5 Oct '17 - 08:08 - 5082 of 5083 1 1
I think the writing is on the wall for this company. GR scheming to take it private with his buddies. I don't think we will need to wait too much longer for the inevitable

[jungmana] 05/10/2017 08:20

The naysayers, they said the same about Frr just 7 weeks back at 0.1p. Look where it is today.0.28p (£18m market cap) is a gift here

[andrewsr] 05/10/2017 08:15

You wouldn't commission a PEA to maximise the value of Zulu for the purposes of a more lucrative deal if you were going to take it private, would you?

[banksy] 05/10/2017 08:08

I think the writing is on the wall for this company. GR scheming to take it private with his buddies. I don't think we will need to wait too much longer for the inevitable

[apache_dropout] 05/10/2017 07:54

Oh dear 0.2 today.

[1madmarky] 05/10/2017 07:09

Looks like reasonable gold

[dmitribollokov] 04/10/2017 22:05

And it is probably some kind of quid pro quo partial offload from darwin resulting from the underwrite.

But hey let's hypothesise about important stuff like the assets we are told about etc...

[dodge city] 04/10/2017 21:44

Does anyone here have any idea what the current production rate is from RHA and what revenue it is producing.

No, thought not.

[dmitribollokov] 04/10/2017 21:43

I wouldn't worry about desperate/misinformed PIs trying to sound clever or threatening. Not advocating anyone throws around unreasonable accusations ever; but in legal terms the precedent here is nigel smith vs. Advfn, so you don't need to think you can't say what you feel.

[activeservo] 04/10/2017 21:35

I had to delete that bit. Never know what I can say on these BBs without getting instant threats by PIs re FCA.

But, yes greater than 0.45p

[dmitribollokov] 04/10/2017 21:09

60% sure not a hoax?

So you currently think it will be >0.45p for it to make sense expectationally.

Up to you man, you can read the chess how you like and you seem to be civil, which is rare. You haven't attacked me, i won't attack you. Agree to disagree. But i do disagree!

Btw financing costs aren't part of Opex, but you knew that 😉

[activeservo] 04/10/2017 21:07

If Zulu is as big as claimed then OPEX and funding deals etc are utterly meaningless.

Note, i'd also have my tech savvy son on these BBs (as a mole) ;)

[activeservo] 04/10/2017 20:57

Dmitri, if you recall my post from a while ago. If I was running the company I'd rinse the share price for all it's worth without it going bust. Like I always say, you have to be greedy, selfish and scheming to succeed in business.

If you can place before and after news then that's double the funding. Simple.

PREM doesn't need millions right now. The company is currently based on mostly unproven assets (except RHA which is small fry), so the outgoings are actually very low. Hence I've no concern over funding. In fact I'm only concerned about sentiment and how that's effecting the SP, perhaps why GR tried to appease the outcry from PIs with the PB.

Zulu is in the back pocket and this share isn't over. Everyone just needs to relax and have some patience.

[dmitribollokov] 04/10/2017 20:27

Active - if zulu news was going to be great, why would they do it before?