Premier African Minerals Share Discussion Threads

[forwood] 10/11/2017 12:24

Streaming problems - may as well go out and pick up some leaves!

[vitec] 10/11/2017 12:23

yes i have problems as well

[forwood] 10/11/2017 12:18

anyone got problems with Level2 and monitors?

[billthebank] 10/11/2017 12:03

IHNC Not going to happen anyway!!
Time to go out and enjoy the day boys Lets see what the next two/three weeks bring to us LTHs

[ihavenoclue] 10/11/2017 11:59

Jungmana10 Nov '17 - 11:12 - 6060 of 6067 0 0
What folks have to understand is that George said PEA will be concluded in 10 to 14 days and that ran out on Monday. But he did not specify when will be available to him for release to market.

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You are REALLY clutching at straws !! PEA in 10 to 14 days means we will know what the PEA is so you need to take your pink specs off and see that it is late ... which is no real shock IMHO

[ihavenoclue] 10/11/2017 11:57

Billthebank10 Nov '17 - 10:11 - 6049 of 6066 0 0

Anyone researched kdnc Investment company.I mean if they acquire 20% of ZULU for 5M that's some coup!!!

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The 20% was just a complete guess from a poster

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

Vitec

another doctor friend of mine bought £75,000 at about 0.4 . about two weeks ago.

[vitec] 10/11/2017 11:39

I am delighted that the rumours were only that rumours. We deserve much bigger and better than Cadence.

As far as throwing the kitchen sink at this I have thrown the whole house. I have calculated that between me and Doctor we own over a quarter of one per cent. I think for me that's enough.

[billthebank] 10/11/2017 11:36

On reflection have changed my mind. Will wait as they say all good things come to those who wait!!!

[mike_f] 10/11/2017 11:28

I'm actually relieved we're not getting in bed with KDNC, j want to see big numbers coming our way, not a measly $5M to 10-20%! Bring on the big guns :)

[donald tramp] 10/11/2017 11:20

What about if you don't have a kitchen sink?

[jungmana] 10/11/2017 11:12

What folks have to understand is that George said PEA will be concluded in 10 to 14 days and that ran out on Monday. But he did not specify when will be available to him for release to market.We had a similar situation to MNC dfs recently. The rns was released 3 weeks after the targeted completion date that many were expecting.The PEA imo will be next week or the following. In meantime is best to throw the kitchen sink at this .

[billthebank] 10/11/2017 11:07

Yeah Donald A little curious as to the delay May try and contact Fuad??

[jungmana] 10/11/2017 11:05

Thanks for that Edgein. Now punters can put to rest the kdnc speculation. Zulu is for the big boys. This is a deposit that is possibly soon to be the No 1 hard rock lithium resource in the world.Imo the Chinese with their huge presence in Zimbabwe will end up buying Zulu in the not too distant future.

[donald tramp] 10/11/2017 11:01

If you ask me there is something brewing.

No update on open pit resource - stated be ready Oct

No real update on assay results

PEA into overtime for release.

[mike_f] 10/11/2017 10:55

Bring on Rio Tinto, BHP & Glencore then :D

[edgein] 10/11/2017 10:51

Sounds as if its something earlier stage than Zulu, they're looking at projects targeting a maiden resource within 12 months by spending around £1m on drilling. So that's definitely not Zulu, we've already got a 20Mt maiden resource and working on targeting 120-160Mt that's been delineated already. Sounds like much earlier projects from private companies than what PREM's currently working on. So we'll likely be looking at much larger companies. KDNC look fine, lots of assets decent NPV and slow growth upside going forward on current assets. PREM more explosive upside, so don't get the feeling that these two will be linked in the future. Onwards and upwards to the PEA (100%).

Regards,
Ed.

[mike_f] 10/11/2017 10:22

That's BST Bill, it's back on

[edgein] 10/11/2017 10:21

At least what KDNC invest in see to go up a lot, EMH from £3m to a current value of £12m. So yeah Bill it would be a coup for them to get in on Zulu at the asset level, the cash would be very handy for PREM of course. Especially if KDNC manage to get a deal done before the PEA. That is if Zulu is one of the assets they're looking at, since its one of the largest undeveloped lith assets it would make sense.

Regards,
Ed.

[billthebank] 10/11/2017 10:21

Scheduled now for 11 a.m.

[edgein] 10/11/2017 10:18

They said early on that they're still looking at new projects, so possibly one of the companies in discussion with GR. He did also say before the brr presentation went off again that they're looking to invest at an asset level. There's tech issues with the presentation lost it 2-3 times so far.

Regards,
Ed.

[mike_f] 10/11/2017 10:12

This is the one.

[billthebank] 10/11/2017 10:11

Anyone researched kdnc Investment company.I mean if they acquire 20% of ZULU for 5M that's some coup!!!

[mike_f] 10/11/2017 10:09

Ignore that apologies! Wrong one. From June