Premier African Minerals Share Discussion Threads

[highly geared] 17/11/2017 22:16

Mugabe gone by end of next week; transitional government then free elections next year. Moving from dictatorship to democracy. Good for business and Prem.

[mike_f] 17/11/2017 16:20

Nice to see a few buys into close. Good weekend all! Let's hope we have a better week next week :)

[kop202] 17/11/2017 15:29

2nd episode of a Documentary about your namesake on the tele last night......... hate him or loathe him he certainly came up trumps

[donald tramp] 17/11/2017 14:07

Other board curtesy of harhoo

"Ever since the Lancaster agreement foreign investment has queued up to enter ZIM - some it did and all was ok in the early 1980s - Thatcher and Mugabe got on quite well for a bit!!- but Mugabe became unreliable and unpredictable - in the end the USA imposed sanctions and the West has ignored opportunities and hyperinflation became sybolic of the sick country of Africa, having been its bread-basket - in the last 10 years China has begun to fill that void - the Chinese are pragmatic and want what is best for business and don't give a toss about internal politics and Zimbabwe under the new leader will be keen to do whatever its paymaster wants - Having lived there, I am positive this will be a very peaceful and fast transition - after all nothing apart from the leader will change initially - so whilst the market hates uncertainty, uncertainty has been the hallmark of Zim and now it is being removed - so actually the market has reacted contrary to logic for the time being - expect huge interest in Zim now - and what do the Chinese want a lot of and where will they get it? Lithium from Zimbabwe off course - I expect them to hoover up many of its assets in the coming months... The country is as one and there will soon be celebrations on the streets - many of the henchmen have already been locked up and I imagine many have fled - a wonderful country with great resources and in China a fantastic reason why security will be demanded."

[donald tramp] 17/11/2017 12:46

The head of the War Veterans' Association has said Mugabe must go now - why is this important? - well because that association is the most powerful in Zimbabwe and their support is vital to whoever is in government.

[donald tramp] 17/11/2017 12:45

Does this part apply to us too :)

"We demand a leadership that will relieve us of the suffering we have endured for too long,"

[doctor 69] 17/11/2017 12:41

Some buying recently after a weak start to the day

[mike_f] 17/11/2017 11:25

Military solidarity rally plannedA rally in support of the military takeover in Zimbabwe is being planned for tomorrow in the capital, Harare.Zimbabwean media mogul, Trevor Ncube, has shared the event's poster on Twitter.It says the event is about expressing solidarity with the military and veterans of Zimbabwe's war for independence.The poster adds that the rally is also about pushing for a "new Zimbabwe" after 36 years of President Robert Mugabe's rule."We demand a leadership that will relieve us of the suffering we have endured for too long," it says.

[billthebank] 17/11/2017 09:17

Was that the news?Surprised to see so many sellers.Sp has widened and they still want all of mine 0.35/0.365 Apparently on LSE someone has said that PEA will be released inside 9 days so by a fortnight we will be wiser

[doctor 69] 17/11/2017 08:55

Bill , thanks . I am hoping the political side gets resolved very quickly and we go up from here . I am very encouraged to what I heard last night

[nicosevos] 17/11/2017 08:55

Use the filter button!

dodge city
17 Nov '17 - 08:35 - 6280 of 6283 1 1 (Filtered)

[edgein] 17/11/2017 08:54

Mike,

I know exciting times, PEA might trigger the action as they'll no doubt remind the market that the company continues to get good results from ongoing drilling as GR mentioned in the last interview. PEA is likely to need upgraded several times as they move towards publication of the BFS/DFS.

Regards,
Ed.

[billthebank] 17/11/2017 08:52

Doc I cannot understand why you read his posts.His language is foul and offers absolutely nothing.
All about the Zimbabwe situation now which I have to say has caught me out.Always knew Mugabe would go but thought this would happen naturally as he was in his nineties. The visit of the military to China last week has definitely been the catalyst to this "coup" Like you and others here will sit this out and wait. Confident that in time all will be well but short term there will be considerable uncertainty and wouldn't be surprised to see a further fall in the share price Seems to be a little resilient presently though which is great.Mms would take all of mine this morn at 0.355.Spread narrow at 0.355/0.365.

[mike_f] 17/11/2017 08:46

Really bad news coming I would thought yeah, maybe only 3 of 6 interested parties put their foot forward with a bid and it looks like we may have to sell it cheap at £200M. Shocking news.

[doctor 69] 17/11/2017 08:45

Dodge , you have to big the biggest loser ,

[dodge city] 17/11/2017 08:35

Apparently the overhang was cleared 2 or 3 weeks ago, so bad news must be coming as there is no other excuse left for the falling share price.

[edgein] 17/11/2017 08:32

Wally,

Spot on with that analysis. Best thing to happen over there in 40 years. going to be a fantastic end to the year here. Road now clear for the Chinese to chase Zulu, a pile of cash and a free carry would do very well. :) Love to know who PREM are in discussion with with those apparent NDAs. I guess we'll eventually find out sometime after the PEA and further assays from the extremely high grade Zulu SE.

Even the Zanu PF youth leader was wheeled out onto youtube to apologize for being silly and supporting RM. Even he's learned his lesson now too.

Regards,
Ed.

[dodge city] 17/11/2017 08:27

News in 2 weeks apparently.

They've been saying that for months so it must happen at some point.

Also I would say we are now in late Q4 so it must be true.

[mike_f] 17/11/2017 08:25

Run along dodgy, you don't want to miss assembly.

[doctor 69] 17/11/2017 08:24

Yes , given the news we have is the most positive yet

[wallyjumblat] 17/11/2017 08:24

"Harare – Zimbabwean media says that President Robert Mugabe on Thursday reportedly "agreed in principle" to step down after 37 years in power, adding that he was set to exile in South Africa".

The word on the street is that he is playing hardball to negotiate a settlement package for him and his family, but he will be gone soon enough. This is fantastic news for the tortured people of Zimbabwe and in my humble opinion the start of the overdue economic recovery everybody wants.

The risk element associated with Prem and Zim is diminishing by the day, put in the expected news flow from Zulu, RHA and Circum then we really do have the perfect storm. The next few months are going to be epic here cant wait. GL guys its been painful but it will be worth it.

[dodge city] 17/11/2017 08:23

Isn't it strange that the share price is falling.

[wallyjumblat] 17/11/2017 07:10

Isn't it strange that there have been recent visits back and fore from Chinese and Zimbabwean trade officials and now the imminent departure of RM, perhaps they already knew what was coming and are getting ahead of the competition.

[timw3] 16/11/2017 20:10

#Zimbabwe’s economic potential could be ‘huge’ post-Mugabe, analysts say
#investment #Africa