Premier African Minerals Share Discussion Threads

[donald tramp] 29/10/2017 18:30

Two weeks away minimum I would say ihnc, timeframes always slip, not just here but everywhere, all AIM Co's are over-optimistic for obvious reasons.

[ihavenoclue] 29/10/2017 11:44

Bill ... well the wording GR used was to be profitable at the END of Q4 so may need to be in Q1 to confirm that. I just hope it happens this time.

PEA will be here in a week max though as per GR interview.

[billthebank] 28/10/2017 22:21

TBH I am just going to wait now and am hopeful that RHA will break even this quarter with an expectation that RHA will show consistency next quarter with the surplus George has stated as long as Tungsten does not drop in price. Would be nice to see this share back at 0.6 in the next two weeks and 1p/1.3p after the PEA and RHA independent survey!!!

[ihavenoclue] 28/10/2017 20:46

Bill .. I am too but I think it was to cover more than the 20m too going by the RNS's

[blueball] 27/10/2017 20:41

Stay long.

[billthebank] 27/10/2017 17:09

IHNC I am pretty confident that originally the PEA was not scheduled to cover SE region as we didnt have the funds however George may have changed his mind as he does tend to do that like the wind!!!!Their e mail is on the web site

[ihavenoclue] 27/10/2017 14:54

Does someone have the e-mail for VAST ? If so can they just e-mail and ask what the PEA is based on ? I would have to say not the new discovery but you never know.

[donald tramp] 27/10/2017 12:41

dodge

back to your x box again please.

[dodge city] 27/10/2017 11:23

It sounds like clueless is losing it, the stress of this under performing company and share price is obviously getting to him.

My guess is he is very exposed here and probably bought in around 1p.

[wallyjumblat] 27/10/2017 11:14

Your dead right about basking in the sun.

[edgein] 27/10/2017 11:14

Vitec,

Well it depends on how many $bn is in the PEA, will it just cover the 20Mt or will it be part based on the huge and growing 120-160Mt upside. If they include some of the future upside then the numbers will be truly enormous.

Contrasting to your post I cannot wait for GR to purchase more Circum its the next multibagger for us. I really hope that we're on 12%+ before we see the real action there. I'd be more than happy to see GR announce the sale of the zim assets and get 20-30% of Circum and help them fund the project to production. Its a cash cow of enormous potential, NPV is already over $2bn. Imagine ending up with 20-30% of that! $100-200m from Zulu would go a long long way with that project.

GR said all is on track for RHA, so I'm quite satisfied with that. We're fully funded for the developments at RHA with the $4.5m approx fund raise so we've clear skys ahead at last. Once the PEA is out a lot more of the PB churn will evapourate. In the mean time you and others seem to be helping yourselves to some cheapuns. Rude not to I guess, when the hot money arrives they'll have to get the shares from somewhere.

Regards,
Ed.

[vitec] 27/10/2017 10:21

Depending on what we are told it would not surprise me to see the share price double in the first instance and then go up 50% plus on the second day. Same pattern as before.

My concern remains George's need to want to purchase more Circum when the share price is higher. I am not against buying more of this asset but I think shareholders need a breather and to be able to bask in the sun for a while.

I am still reserving judgment on RHA but feel more comfortable with the little bits of information we are being fed.

[edgein] 27/10/2017 10:16

Cambrad,

You're mixing up your VAST's fella, you're thinking of VAST exploration which was on TSX-V. VAST in discussion was Vast resources, AIM copper producer, hopefully Vast resources won't go the same way as the other one! :)

Goodness we must be within around 10 days or so of the PEA according to GR's last tidbit. Not many trading days left and as the steam is leaving VAST and GGP perhaps the hot money is about to find a new home.

Regards,
Ed.

[vitec] 27/10/2017 10:07

ihnc, good on you. It takes a big person to admit they were wrong and apologise. Shame not enough people have that principle.

[ihavenoclue] 27/10/2017 09:56

The Bull27 Oct '17 - 00:35 - 5647 of 5654 3 0

bloody hell ihave, i think you did read cambrads post the wrong way lol. You miserable sod

===============

Guilty

[ihavenoclue] 27/10/2017 09:54

cambrad .. apologises was having a bad day yesterday. I have removed the post.

[billthebank] 27/10/2017 08:35

DT Not a clue but I am sure that some checked their RNS log pdq Including me!!!!

[donald tramp] 27/10/2017 08:28

If anyone is in any doubt as to what that message means, it is that the cat was in the bag but it is now out of it.

[donald tramp] 27/10/2017 08:26

"the cat is out the bag"

[boom boom bang bang] 27/10/2017 08:24

cgp running

massively undervalue cash shell

target is 2p

currently 0.5p

[mike_f] 27/10/2017 07:52

The difference here Bitt is that this PEA is to facilitate a JV or T/O which is likely to come very shortly after. It should be one of the final pieces of the jigsaw.

[the bull] 27/10/2017 00:35

bloody hell ihave, i think you did read cambrads post the wrong way lol. You miserable sod

[bittorrent] 26/10/2017 23:56

Well we seem to be stuck in a range here, bouncing up and down. Not long until the PEA, let's see how the market reacts to it. The important word is "preliminary", i.e. this is only a sketchy outline of the possible economics of the project, not a "definitive" or "bankable" feasibility study. If you look at other companies like HZM they have been years working towards a BFS, so don't get too excited about the PEA.