Premier African Minerals Share Discussion Threads

[billthebank] 19/10/2017 19:07

I thought I was exposed here but you guys are a lot more confident than me.Dont get me wrong I love PREM partic the assets but George is a loose cannon that seems to have been reined in and of course we are in Zimbabwe.Also RHA keeps bleeding us although the company is confident that it will deliver and TBH for me it is all about RHA and it's positive cash flow. The assays are taking their time. Disappointing.So olusses though iutweigh the minusses There are allegedly Interested parties in ZULU which if true will be amazing and I am invested as The PEA hopefully will be stunning.We have no debt which is fab and IMO we could get to 2p in fairly short shrift as long as RBS and assays are delivered.

[ianbag] 19/10/2017 17:17

They can let the brakes off here now anyway as I have completed my additions and have doubled my holding to 10m.

[doctor 69] 19/10/2017 16:38

I did , but still up

[ianbag] 19/10/2017 16:32

The trades at 16.14 to 16.24 look like some isa transfers to me

[ianbag] 19/10/2017 16:27

spoke too soon doc

[doctor 69] 19/10/2017 16:21

Good finish to the day

[nash81] 19/10/2017 15:57

adding more. we are very cheap at 20m mcap vs our assets

[ihavenoclue] 19/10/2017 15:30

That's why, despite GR, I feel real value will out soon enough and discussions after PEA will firm that up considerably

[billthebank] 19/10/2017 14:44

Has to be said guys we are sitting on a mine!!!!!! When I have minute I must revisit the RBS numbers unless anyone has done that recently??

[billthebank] 19/10/2017 14:42

Ridiculous really In the last 12 months Lithium prices have risen some 70/75%

[ihavenoclue] 19/10/2017 12:32

Ian ... you went too much from GR's schedule ... then he gave the labs a call

PEA in 3 - 4 weeks which to me is more important as that is what any Zulu deals will be based on which is why I moved back here :)

[andrewsr] 19/10/2017 11:30

Lithium continues its inexorable rise. If only we had some lithium here, oh, wait a minute.....just maybe ....

[ianbag] 19/10/2017 09:54

I am beginning to wonder if the assay samples got lost in the post :-)

[ihavenoclue] 19/10/2017 09:46

Edgein19 Oct '17 - 09:37 - 5445 of 5445 0 0

Still a little surprised that there was such a strong reaction to the we're almost there RNS, you'd thought it was the real deal.

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Me too .. that's why I sold the ones I had bought with PREM sales ;)

[edgein] 19/10/2017 09:37

IHNC,

Fair play chap, sometimes you get a good wind behind you for sure, yeah was good timing. Still a little surprised that there was such a strong reaction to the we're almost there RNS, you'd thought it was the real deal. But it'll come there soon I guess. At least you made it back before we get the PEA and the assays from PREM.

Jung, Bill,

Yup the PB churn continues around 0.35-0.37, very healthy to get rid of a lot of these folks before news. Churn now must be close to or over 2bn since the start of the month. As you guys say these new owners will want at least their 10-20%, but they might get lucky and be in for the PEA.

Regards,
Ed.

[jungmana] 19/10/2017 09:30

The 10% PB profit takers will dry up soon and then we should be looking at 0.4p+ imo.

[billthebank] 19/10/2017 09:26

Yo yo day today? TBH I really dont care as I can wait till we are a 5 bagger then decide what to do!!! Fair play to those holders that are taking their 10% but not for me with PREM.

IHNC Strong decision and good luck on looking like getting in at the bottom?

[ihavenoclue] 19/10/2017 09:04

Edgein, I thought I had blown it as I only moved most into VAST as expected licence news end of September and when that didn't come in and assay news here I thought I had screwed up.

Seems like fate had other ideas and I didn't want to chance it anymore by being greedy :)

Regards
IHNC

[edgein] 19/10/2017 08:56

IHNC,

That's the way to do it fella, plenty of money moving into PREM and KOD today as a result.

Regards,
Ed.

[donald tramp] 19/10/2017 08:53

Nice reversal, lets hope it continues upwards now.

[doctor 69] 19/10/2017 08:50

I have no clue Spot on good luck

[ihavenoclue] 19/10/2017 08:48

I have bought 7.5m this morning so that looks to have helped. I sold 70% of my PREM and bought VAST when they were both around 0.38p and reversed those purchases today giving me a LOT more PREM shares.

VAST will probably rise again tomorrow but I did not want to be greedy and I am happy with my holdings now :)

[highly geared] 19/10/2017 08:41

Looks like overhang from PB over and we'll see a balanced book.
All to play for between now and January.

[doctor 69] 19/10/2017 08:38

A lot of buying here

[highly geared] 19/10/2017 08:32

Dingo, agreed. The assets are there and GR has as much invested here as anyone so hopefully all interests aligned. Circum worth in excess of market cap on its own if it can be monetised down the track.