Premier African Minerals Share Discussion Threads

[dodge city] 31/10/2017 14:35

Hasn't this company had at least 2 placings this year plus an asset sale, and how long will the cash raised from the last round of funding last?

[billthebank] 31/10/2017 14:32

0.345/0.35 mms are having a laugh with the share price here

[edgein] 31/10/2017 13:46

Strapped for cash! Lol they raised about $4.5m less than a month ago. Swimming in cash is more like it. The quality of derampers on these boards leaves a lot to be desired these days.

Regards,
Ed.

[forwood] 31/10/2017 13:01

He's a troll - check the quality of his posts, full of expletives. Best filter

[vitec] 31/10/2017 12:33

Another poster that makes black and white statements asserting 100% they are right. Come on then. I am all eyes. Substantiate your claim.

"This company is strapped for cash and more dilution is inevitable just to keep the lights on let alone develop any assets they might have stuck out in the middle of nowhere".

You obviously live in a cave and have not had access to the numerous RNS's, interviews and corporate presentations. At best you are an provocateur that likes to make statements to provoke a reaction, at worst another mindless poster that neither understands the story or cannot be bothered to even find out. You keep on posting your drivel it will not make a blind bit of difference to the "idiots" that reside here.

[stealive] 31/10/2017 12:05

Max "please let the price fall so I can buy I'mTime will tell fella.Everybody knows this will be huge and I doubt you will be around when it is

[max_cady] 31/10/2017 11:47

FFS you lot really are thick.

This company is strapped for cash and more dilution is inevitable just to keep the lights on let alone develop any assets they might have stuck out in the middle of nowhere.

And how long will it be before RHA starts turning a big enough profit to make a difference, if ever?

[dr jekyll] 31/10/2017 11:31

Hardly worth bothering to respond to that post Mike. Probably some lad bunking off school.

[mike_f] 31/10/2017 10:32

Posts on twitter:#PREM Reminder– Zulu- Imminent PEA for JV/TO, RHA– Profitable production Q4, Circum– 5.2% worth 2x Mcap, Casa– 4.5% holding. Our Mcap £20M??#PREM remember at RHA that we are owed $20M for starters will receive all of the RHA profits at first?Remind me what are we valued at?????A re-rate has got to occur once the news starts to flow!!

[billthebank] 31/10/2017 10:16

0.351/0.356

[mike_f] 31/10/2017 10:06

Feels like it's starting to brew :) a break of .4p will see more PI's come to the party. November should be a cracking month. GLA

[ihavenoclue] 31/10/2017 09:18

Out of interest I just checked what 3% was and it is currently 178m shares ... I am at least 90% away from that :)

[edgein] 31/10/2017 09:10

Vitec,

Good man, you'll be able to feed the herd with some when this one multibags again. We were around 0.4p that lunch time when the Zulu SE release came and the next day we were at 1.1p early morning. Of course GR set up the YA deal to bring it back down again. The PEA could easily send us like that again, in fact its likely the most important RNS to come this year. Next year is likely to see the conclusion of these talks with the multiple parties with jv/sale for Zulu. Possibly a few more upgrades to the PEA/feasibility as they keep expanding the resource.

Regards,
Ed.

[vitec] 31/10/2017 09:00

Ed, believe me when I say I have filled the equivalent of everyone's boots in the street. At the rate I have been going I am surprised I do not have a notifiable interest.

[edgein] 31/10/2017 08:55

Doctor,

Folks still taking advantage of the PB discounted shares, might as well get them cheap and no YA or Darwin ahead this time. Its all clear air for the PEA, JV/sale of Zulu and RHA moving into cash flow +ve. I hope you fellas are fully loaded again and don't get caught in the next 1bn+ stampede.

Regards,
Ed.

[vitec] 31/10/2017 08:55

How many times have I been accused of wearing rose tinted glasses. You are in good company.

[ihavenoclue] 31/10/2017 08:46

Vitec.. Couldn't agree more. I would like to think that GR looked a bit more confident about timescales and RHA being sorted in the most recent interview but I may be wearing rose tinted spectacles.

[ihavenoclue] 31/10/2017 08:42

Doc.... You're welcome :)

[vitec] 31/10/2017 08:40

ihnc, I didn't take it personally. In fact I enjoy reading your posts. What I was doing was responding as one that had stated that and as to why.

Of course RHA is important in its own right and for many companies would be a defining asset. When I have watched George talk about RHA it is as if he has a yoke around his neck and is carrying a 20 million tonne weight. Let's hope that his expectation of end of Q4 for profitable operations meets that of all of the shareholders that have stomped up the money to inject 20 million US dollars into this asset. It is time the asset sweat instead of us shareholders!!

[doctor 69] 31/10/2017 08:33

Consistent buying and offer gently moving up

[andrewsr] 31/10/2017 08:30

I think RHA is important in its own right and with respect to doing deals. If it's still losing cash, then they're in a weak position to make a deal on Zulu and vica versa. Ideally they should be at least breaking even on RHA when discussing Zulu deals. If/when it becomes profitable it too could be transformational for the company valuation. All IMHO.

[ihavenoclue] 31/10/2017 08:27

Vitec... Wasn't really aimed at anyone. At the moment RHA is a liability but if it can continually turn a profit then that will materially change PREM and allow the full value of the other assets to show through.All IMHORegards IHNC

[vitec] 31/10/2017 08:17

ihnc, I have stated several times that RHA is a "sideshow" but not for the reasons that you would think. Any asset where you have pumped in 20 million US dollars plus, is not a sideshow by any stretch of the imagination. However, continual delays and missed expectations prompted me to look at why I was investing in PREM and my investment is based on Zulu and Circum, hence my conclusion.

No one can accuse me of being negative about PREM but if RHA was the only real asset I would have run for the hills a long time ago. The fact that it could come on stream and produce optimally by the end of Q4 and more crucially adding profit to the bottom line and the commencement of receiving our 20 million US dollars back is a bonus in light of the other assets.