Premier African Minerals Share Discussion Threads

[highly geared] 12/10/2017 17:27

Yeah JLP should do well once Hernic is at full pelt and they process the ASA plat. If plat rises Tjate will be worth a mint.
I think, with Zulu PEA done and RHA optimised , I 'd hope on a £50 million market cap just for starters.

[turbotrader2] 12/10/2017 17:18

I would certainly recommend JLPI now am the proud owner of 11m of these! PREM that is but a huge amount in JLP too

[the bull] 12/10/2017 17:08

Hells Bells Vitec, I would have thought you had quite enough. Why not by into some other stocks that show promise, JLP, RRR etc

[edgein] 12/10/2017 16:31

Vitec,

No arguing with that fella, there'll always be those happy to bank small gains, very evident this past 8 or so trading days. Not many of those 2.1bn exchanged will be from the 0.2p days so many were churning at a loss, including some at 0.27p a loss even for the PB buyers if they were forward selling. I had a few cheeky orders in at 0.26 but had to opt for 0.28-0.29, we just don't have the quality de-rampers these days to get the job done. But I guess they've their work cut out for them here when investors look at the assets. I agree its almost odds on to get the third penny spike in this 12 months, what's the likelihood that the PEA suggests that Zulu's worth more than our £20m cap? ;) Of course having a few million of trading shares shouldn't influence the main holding as you hint what the share price could do on a Zulu/Zulu SE jv/sale. A core holding must be maintained beyond these 1p spikes.

Regards,
Ed.

[doctor 69] 12/10/2017 16:31

Yes mike , strange

[mike_f] 12/10/2017 16:30

1M buy over ask @ .36p just before close... interesting... wonder if we'll see a correction.

[vitec] 12/10/2017 16:23

Ed, as one of my "fans" stated in the past "at this rate I will own the company". Made several more purchases over the last couple of days. I am feeling more confident now that the volume is much higher. However, even if the "overhang" has been dealt with, some PI's may take a quick 10 to 15% profit. If the news is as good as we expect it to be then that will be small fry compared to what the share price could do.

Before I am accused of "ramping" I am merely stating what has happened historically in the past. Watch this space!

[edgein] 12/10/2017 16:18

now up to 2.1bn share churn since the 2nd of October and today's now around 0.34-0.35 for most of the day so if they want to churn those for a small profit rather than wait for the PEA or assays then they'll want a higher range again. On a good day these can do 1.3-1.5bn volume.

Regards,
Ed.

[vitec] 12/10/2017 16:10

Who knows. Not been the same since TD sold it. Anyway it would be ironic if after all this time someone got their hands on my 30 million plus shares. My luck the very next day the bloody things triple in price!

[sleveen] 12/10/2017 16:07

Let's hope they've not been hacked.

[vitec] 12/10/2017 16:06

Was going to add some more but can't get on to TD due to an external interruption. I am continually flabbergasted that in this day and age the technology continually ceases up. Its hard enough making money without other "external" factors coming into play.

[mike_f] 12/10/2017 15:57

I think you are fairly safe from Black Monday with micro/small caps! lol :)

[the bull] 12/10/2017 15:42

I gawd, shall I shan't I. Was hoping to get some at around or below the 0.3 mark. Bit nervous of coming Monday 16th, 30th year of Black Monday and some say the market could take a big dip. I know it sounds like an excuse but I may wait till we get that outa the way

[mike_f] 12/10/2017 13:28

Came down for your top up The Bull ;)

[the bull] 12/10/2017 13:23

eh what happened to that 15.4% rise

[doctor 69] 12/10/2017 12:50

Buy at 35.25 that is my 400k

[the bull] 12/10/2017 12:43

Sod it, i was going to double up and now missed this rise, too much dithering

[mike_f] 12/10/2017 12:10

Back up we go :)

[activeservo] 12/10/2017 12:01

I think they are making a concerted effort to raise the SP, now the overhang seems to have gone.

We all know every time the bid is raised the PB sellers flood in (as it's a quick buck, based on no news..). Hence they need to keep the bid low to minimise selling whilst raising the offer, as PREM builds interest prior to news. Thus we have a large spread and every so often they mark up the bid to test support.

They've nothing else they can do apart from the odd treeshake, until news.

hey it's heading in the right direction.

[doctor 69] 12/10/2017 11:46

ActiveWhat do you mean

[activeservo] 12/10/2017 11:39

you can buy more now...

MMs are really struggling with the sells. The PEA can't come soon enough.

[cambradjones] 12/10/2017 11:04

Funny when the share price is at rock bottom you pray for it to go up, then when it starts going up quickly you wish it hadnt as you now want to buy more !

[bittorrent] 12/10/2017 10:47

Cheers tedoby2! A bit early to start celebrating, but seriously I am not impressed with PB, they charged me £25 extra because I am with Hargreaves Lansdown (not exactly a tiddler broker), and between them the shares appear to be in limbo.

[tedoby2] 12/10/2017 10:43

Bittorrent there they are look. Just next to your cooling bottle of Dom Perignon! Hic.