Premier African Minerals Share Discussion Threads

[billthebank] 11/10/2017 06:53

Party at yours then when this hits 3.3p!!!!!!!!!

[billthebank] 11/10/2017 06:52

Holy Moley Vitec!!!!!!!!!!!!!

[vitec] 11/10/2017 00:13

I have 30 million plus

[timw3] 10/10/2017 23:25

FROM LSE

Microtan
Posts: 2,544
Observation
Opinion: No Opinion
Price: 0.325
RE: PREM TweetToday 22:18DOIRE, yes question what is posted if incorrect or what is omitted if that is relevant.
Whatever your suspicions, making personal comments only aggravates others and we then end up with endless wearisome arguments with Xulu making long re-posts if his posts gets buried in the mire.

knicol46
Posts: 14,819
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Price: 0.325
think its safe to sayToday 22:17crazy finally bought in hes being ultra positive well done that man - when he starts being negative hes sold he will let us knowminilots
Posts: 5,220
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Opinion: Strong Buy
Price: 0.325
RE: PREM TweetToday 22:14And what facts are you basing your assumption on doire,or are you just guessing?DOIRE
Posts: 209
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Price: 0.325
RE: PREM TweetToday 22:03Xulu how many you left to clear? All out tomorrow then sail off to the sunset??? Or just to the next placing when RHA doesn't deliver by end q4 and we have no cash for more Zulu drillingCF73
Posts: 2,654
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Opinion: Strong Buy
Price: 0.325
RE: PREM TweetToday 22:01Holding onto all of ZULU through RHA profits and CIRCUM Sale would get us more than £500million in a sale...nearer £750million (taking into account likely lithium price increases and demand).

ZULU extraction/production costs are much lower than many if not most other projects. So Zulu is not only potentially comparable to Pilbara in size and quality but we are signficantly more profitable.

This is getting for seriouser and seriouser!!Xulu
Posts: 2,380
Premium Chat Member
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Price: 0.325
RE: PREM TweetToday 21:55In 2 years - with a DFS completed? Zulu will be valued at hundreds of millions yes. RHA could be valued at 100m too - and Circum will have been sold.

Damn if you waited 2 years its many bags. So so many bags. This isn't a pipe dream, its achievable. Even Crazy today said PREM could get to $600m...CF73
Posts: 2,654
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Opinion: Strong Buy
Price: 0.325
View Thread (2)RE: PREM TweetToday 21:34Xulu, well pointed out :-)

It is an interesting proposition, a fully-operational RHA funding Zulu to DFS, bolstered by CIRCUM sale, meaning that we can go on solo all the way to a rock hard cold cash sale of who knows what...£500million?

In this scenario, CIRCUM ain;t the biggy - we only got 5.2% - its Zulu, where we got 100% and retain all of it to final sale post DFS completion....Moneytolose
Posts: 436
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RE: PREM TweetToday 21:31Zulu that’s what I am hoping for then CIRCUMvcash is a bonus as long as RHA keeps running not stoppingXulu
Posts: 2,380
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Price: 0.325
RE: PREM TweetToday 21:24The $25m we are owed back from RHA will mean 50 months of all profits coming to PREM. That's over 4 years of $1m a month profit from the combined Underground and Open Pit operations.

Starting profitably in latter part Q4, we incrementally increase production rate over the next few months to bang out mega profits in the current high price environment of APT.

If we don't sell Zulu next month - our RHA profits can fund the development easily over the next 2 years of work required to bring it to DFS standard. $$$$$$CF73
Posts: 2,654
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Opinion: Strong Buy
Price: 0.325
View Thread (2)PREM TweetToday 20:29PREM's Tweet from earlier:

"Zulu PEA on track, plant modifications at RHA progressing well, debt cancelled and equity swap settled #PREM"



----------------------------------------------

What does it tell us?

1. Work on PEA for Zulu going well, no delays.

2. Work to optimise plant at RHA going well, this should be the quarter when it starts roll in the profit

3. Debt has been repaid or cancelled

4. Equity Swap deal out to bed

On the latter two, the two worst financing deals of the century have been sorted. Yes, it's required further dilution but in real terms, only an extra 600million shares ('only' LOL, but in percentage, tolerable).

On RHA, we will fnally be runing at a profit rather than have RHA sap the company and PIs.

On the PEA, we have literally now two or three weeks to go, and the tweet shows we remain on course. This time round, GR, no messing. Let's have it. With a JV deal in quick succession it not an outright sale for £240million.

Done and Dusted!

[highly geared] 10/10/2017 20:19

4 million.

[doctor 69] 10/10/2017 20:12

9.2 million

[markth126] 10/10/2017 19:14

10 million here

[billthebank] 10/10/2017 18:21

TBH I don't really give a monkeys about UKOG shareholders What they do with their money is up to them I am invested g=here and personally I believe that with all the rubbish now out of the way I have managed to average down I have some way to go to get above water but I am confident in Lithium Confident in ZULU Relatively confident that RHA will deliver Extremely confident in the PEA and also the prospective JV As for CIRCUM that can wait. Also confident as George has so much capital invested here which makes my holding look pathetic Patience and looking forward to a 10 bagger by spring and TBH earlier!!!!!!!!!

[activeservo] 10/10/2017 18:07

Hoping to see a few UKOG investors defect over here tomorrow. Something about DL shares and timings of news...pretty dire news at UKOG (although admittedly I think it's temporary) and all set up here..

[billthebank] 10/10/2017 18:03

Okay guys so we can see how much influence we have How many shares do we have as a collective 3M shares for me!!!! I will not be in profit till we see 0.45p

[doctor 69] 10/10/2017 16:16

Good day today. Both prem and bzm going well

[ny boy] 10/10/2017 15:53

A classic bear trap this morning, a few must of got mugged again!


Plenty of news flow this s quarter, happy holding.

You guys should check into (VELA)!

[jungmana] 10/10/2017 15:47

I hope so Mike. Am a believer :-)

[mike_f] 10/10/2017 15:44

Same Jung, I feel George has listened to shareholders and will be focusing on getting a cracking deal on Zulu so am comfortable with it. GL

[jungmana] 10/10/2017 15:42

Have 80% of my pot here now and is a bit scary. George better delivers over next 3 months.

[mike_f] 10/10/2017 15:30

Buys above ask, about to pop!

[forwood] 10/10/2017 15:01

I am quoting the real difference. Right now, I'm offered 0.325 but the latest buy price is 0.345. The difference is 5.8%. Quite outrageous!

[goodgrief] 10/10/2017 14:57

The published spread is nothing like the actual prices being paid. Yesterday, the offer price was 35p, yet my buys went through at 31p.

[forwood] 10/10/2017 14:54

Spread even worse now - was over 8% for a moment, now back to 4%. Sellers should go on strike!

[mike_f] 10/10/2017 14:50

Full ask paid! Overhang gone... Bring on the news!! :)

[edgein] 10/10/2017 14:34

Thanks Mike, interesting. Clear road ahead then. Looking forward to the PEA and the assays, will be nice to see some of our assets start being priced in. The volume of shares traded has been approx 1.5bn since the start of October so cannot be many more primary bid or other folks willing to sell for a loss or small profit. I'm sure many of us that took the opportunity to buy more below 0.3p again recently will be rewarded near term. Third 1p spike this year coming soon?

Regards,
Ed.