Premier African Minerals Share Discussion Threads

[doctor 69] 06/10/2017 09:55

Certainly feels better , turnover high again today

[jungmana] 06/10/2017 09:49

Vitec- once sentiment improves and couple with news flow we may see 1p in a few weeks.This moves fast.Lots of assay news due and zulu PEA in 5 weeks with a deal to follow.

[vitec] 06/10/2017 09:41

Got an e-mail from TD yesterday.

Where the overhang may be cleared we then have to deal with PI's etc that purchased shares in the Primary Bid then wanting to take some money off the table as the share price improves. This could be a long hard slog to 1p and beyond but with the expected news flow I cannot see any reason as to why we can't get there eventually

[sleveen] 06/10/2017 09:32

Just received an email from TDD that my 1m PB shares will be in my account on Monday.

Anyone else with similar news?

[geoffmanana] 06/10/2017 09:27

Just added another 1m at 0.328p.

[billthebank] 06/10/2017 09:18

Nice to see some more positivity on the thread.Bought quite a few more of these but very underwater still.

[donald tramp] 06/10/2017 08:53

Yes I feel the tide is turning, sentiment is back and although we have been diluted, for a company to get from start up to generating an income and proving up major assets the only way you can do that is raising funds as there is no income.

George has made some wild over optimistic assumptions about RHA along the way commissioning a mine can take years, and to fast track one is not a reality really, however by end Q1 2018 I think we will be there.

Zulu is a monster, anyone can see that and we are not too far away from some further assay results and then a PEA.

Circus shares attributable value currently about £7m, so we have £10m value ascribed for Zulu and RHA and remember there is nigh on $20m owed to PREM when production starts in earnest.

A couple of good rns's and we should be trading through 1p easily I would have thought.

[ny boy] 06/10/2017 08:50

Just buy as many as you can afford, pay for the stock and tuck away for Zulu glory

Happy holding, managed to add @ 0.3 this week. Long term hold for me, will. Heck back later when significant news flow arrives.

[gaddy88] 06/10/2017 08:46

Looks as though a nice chunk of overhang has said goodbye, still a way to go but it's looking good in blue!

[mike_f] 06/10/2017 08:41

I personally feel Zulu will be a minimum of 120mt based on what they've found so far. Exciting times.

[jungmana] 06/10/2017 08:38

Am going to call a blue end to the day. Possibly 10%. Turn around is here. This right now with Zulu alone should be about 1p (£63m market cap). Add rha and circum and 1.5p is warranted.Imagine if Zulu gets to 100mt+ resource.

[doctor 69] 06/10/2017 08:37

Agree , this looks ready to move up

[timw3] 06/10/2017 08:34

Andy‏ @Blowster85 7m7 minutes ago
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#PREM - Looking quite lively with the live ASK ticking up. Not much stock left below 0.3p placing price. Can see this trading to 0.4p+ soon

[mike_f] 06/10/2017 08:31

Full ask paid! Tick up coming :)

[mike_f] 05/10/2017 20:31

Good post from Xulu on LSE with comparable Lithium miners to show how undervalued we are:Zulu - 160 million tonne exploration target. At 1.5% for 7 million tonnes of it, so far. MCap about $10m?Pilbara - 156 million tonne at 1.25%. MCap A$1billion. DFS completed. Kidman - 128 million tonne resource at 1.44%. MCap A$325 PEA completed. Major bought in half for $110m recently.Neo Lithium - Not even a PEA yet, they have MCAP of $102m. They are a brine, but to compare they have LCE total of 1.3 million tonnes. Zulu is a exploration target of 2.4 million tonnes LCE.Propsect - 40 million tonne resource only at 1.4%. MCap A$51m. PEA completed. Zimbabwe miner.

[mike_f] 05/10/2017 17:39

Lots of delayed trades again, hoping the brakes will be off tomorrow! Good evening all

[mike_f] 05/10/2017 16:07

I’m very bothered Bill lol if the overhang is gone before news then we will have a rise that reflects the news... if the overhang remains on news release then any seller (Darwin) would just sell into the news. An share price that is free to move will help us no end when news arrives.

[billthebank] 05/10/2017 16:04

not too bothered Mike tbd just awaiting news 're RHA and ZULU then expect the share price to quickly double/treble from here

[mike_f] 05/10/2017 15:58

Offer price now rising again! Hopefully finish the day a little higher. GLA

[donald tramp] 05/10/2017 10:57

1.2bn shares traded this week so far.

[timw3] 05/10/2017 10:40

Doc Holiday 💯™R07; @DDS_DocHoliday 11m11 minutes ago
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#PREM @Sierra117_Jon @pjb2go I hate to say it but as those last bunch of big blocks go out its game on!