Premier African Minerals Share Discussion Threads

[edgein] 03/11/2017 08:39

Great result from CAZA mining, GR sure knows how to pick good assets, they're super grades from that 5.4m intersect. Perhaps a sale of Zulu could help us get some more of those too. All eyes will be on the PEA that's for sure. I'd still pick the sell Zim assets and focus on Circum and Caza mining.

Regards,
Ed.

[donald tramp] 03/11/2017 08:31

HG

Because it's in the master plan if you ask me which involves a deal with Zulu.

I think all will become clear very soon, I don't have the time to write all my thoughts out here.

DT.

[bittorrent] 03/11/2017 07:23

More good grades at Casa, though we only have a small stake:

[highly geared] 02/11/2017 23:00

The Circum website and presentation makes for interesting reading.Optimised DFS and Mining license in place but probably 3 years off starting commercial production as infra structure needs building.
The financial metrics are very strong so it should get funding and with Dattels behind it , there’s the wherewithal and contacts to get the project financed.
Prem’s stake is worth c£50 million on an NPV basis.
So, why was GR so keen to up the stake? On a 3 year basis it’s obvious but I don’t see a short term liquidity event unless someone with very deep pockets comes in to JV or buy the project outright.

[mike_f] 02/11/2017 22:29

Another record high on the Lithium price just hit:

Good time to release a PEA! :)

[jungmana] 02/11/2017 17:36

I would say any day next week for PEA. Won't be surprised to see a 100% day

[mike_f] 02/11/2017 17:22

So, PEA Monday? That's 14 days exactly from the interview. Can't see it being released on a Friday! Hope it blows minds and all of a sudden we are hot to trot again. GLA

[ihavenoclue] 02/11/2017 16:34

vitec ... can't really slag the guy off for something that he may not have done ... wait for the RNS THEN slag him off :)

[molatovkid] 02/11/2017 15:56

Lithium prices doing well!

[the bull] 02/11/2017 15:26

vitec, as a large holder, do you express your opinion directly to the BOD or via this bb if you know he maybe follows it

[ihavenoclue] 02/11/2017 14:30

Prem is creating a new graph shape ... it's call the 'accordion' :)

[ihavenoclue] 02/11/2017 14:25

cambrad .. at the moment it is just a few pieces fitting together and TBH £5m or $5m for 20% doesn't sound like an amazing deal anyway.

[cambradjones] 02/11/2017 12:58

Thought we would have seen a lot of buying this a.m. after the excitement over at the lse board last nigjt.

[doctor 69] 02/11/2017 11:20

Bull , my timing has not been brilliant here

[the bull] 02/11/2017 09:03

wish i had waited now, could have timed it right there Doc

[doctor 69] 02/11/2017 08:29

In for another million today

[the bull] 02/11/2017 07:39

www.davidlenigas.com

I'm David Lenigas. I build successful businesses, create proper jobs for lots of people and open up opportunities for whole communities. I try to make a lasting difference to the world. That’s what I do. And I’m good at it. Hard work is my hobby - and what a great hobby to have!

[jungmana] 02/11/2017 06:47

Bill I think the suggestion by punters on lse is for 20% of Zulu not 20% of prem.But imho is all just speculation

[doctor 69] 02/11/2017 06:37

Don't they have to pass this through an egm

[1madmarky] 02/11/2017 05:46

They have some money, we have a greedy CEO who wants as much cake as possible. It might pay off....just have to wait.

[billthebank] 01/11/2017 23:43

Read some of this on LSE and tbh I quite simply cant believe we would enter into such a deal. we get £5M and they get 20% of the company This is totally ridiculous!!!

[dodge city] 01/11/2017 20:49

No surprise that Lenigas is involved here.