Premier African Minerals Share Discussion Threads

[ihavenoclue] 21/11/2017 07:52

Chesty .. already been answered .. placing is out of the way now so no lingering doubts about one coming out like the last time this rose.

Simple really and the best way to play it IMHO

[jungmana] 21/11/2017 07:52

Shirley and whats our market cap with 6.5bn shares? Just £25m about. Right now should be 5 times that imo.

[f3rdinand] 21/11/2017 07:52

A serious (well educated) investor would look at the market cap not number of shares!

[chesty1] 21/11/2017 07:51

One question if scoping studies are that great why not let the share price fly today then do the primary bid for placing ??

[shirley83] 21/11/2017 07:50

Over 6 billion shares.. Wow some seriious dilution there

[jungmana] 21/11/2017 07:50

Zulu, RHA, circum together prem is an easy 10 bagger from here within 2 months imo.The scoping study released covers just 13Mt of Zulu . Current resource is 20.1Mt and will very likely get to 120Mt+ in the near term.

[vatpaul] 21/11/2017 07:49

Aadded a few of these

[ihavenoclue] 21/11/2017 07:48

Donald Tramp21 Nov '17 - 07:43 - 6490 of 6492 3 0

Fully funded now and money in the kitty. We can press ahead at a rapid pace on Zulu.

Wait 6 months and you could easily be looking at £150-£200m m/cap.

No wonder PREM said it could 10 bag when we were at .7p.

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Exactly my thoughts ... may slice a little on the way but majority in for the ride especially if RHA can report sustained profitability as that will really open the door to full value at Zulu IMHO :)

[edgein] 21/11/2017 07:45

Glen,

Yeah likely as that's £4.5m raised in the last two months. Well funded for RHA and plenty of drilling at the shallow Zulu targets. I hope they sink a few holes into Zulu North at some point too and we can find out if the scope is larger than the currently quoted 120-160Mt for Zulu and Zulu SE.

Regards,
Ed.

[chesty1] 21/11/2017 07:43

Mike f to answer your question I went back to check and its timw lol the one mugging me off!! This may be big news but no need to pump it everywhere just buy more if its that great news and let the share price do the talking!

[donald tramp] 21/11/2017 07:43

Fully funded now and money in the kitty. We can press ahead at a rapid pace on Zulu.

Wait 6 months and you could easily be looking at £150-£200m m/cap.

No wonder PREM said it could 10 bag when we were at .7p.

[timw3] 21/11/2017 07:43

Further news on RHA in the coming week!! That will be the KEY to keeping MOMENTUM up!

[ny boy] 21/11/2017 07:42

First resistance is 0.78p

[ihavenoclue] 21/11/2017 07:42

markth12621 Nov '17 - 07:31 - 6478 of 6484 1 1

Doesn't say a good comprehensive update though which is my concern.

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

Is English not your first language ?

From todays RNS ..."I am pleased that we continue to make progress at the RHA Tungsten Mine and look forward to a '_____ comprehensive ______' update on that project in the coming week."

Pretty sure the word comprehensive is in there !!

[glenbo1] 21/11/2017 07:40

Great RNS Will that be the last placing?I note they have doubled it overnight

[timw3] 21/11/2017 07:38

other board Xulu

GR stated drill costs are $75 per metre.

So $500k could complete another 6700m.

Keep in mind our initial 2500m drill established our 20million tonne model used in the scoping study.

We have another 3100m already completed and waiting for assays. This is expected to more than double our model.

Although the whole $500k won't be used to drill, when combined it could pay for enough drilling to take us close to 100 million tonne SAMREC compliant resource.

Then RHA can be used to drill the rest.

$520m project valuation on just 20 million tonnes. Imagine what the full 100 million tonnes would get us....

UNBELIEVABLE

[mike_f] 21/11/2017 07:38

CHESTY1, by who? It doesn't need pumping!! Let it move on it's own accord.

[timw3] 21/11/2017 07:37

Chesty always a bitter fool.

This guy must be the thickest and most transparent on advfn!!


markth12621 Nov '17 - 07:31 - 6478 of 6481 0 1
Doesn't say a good comprehensive update though which is my concern.

[ihavenoclue] 21/11/2017 07:35

That's a shame Chesty as it makes it look like a junk share IMHO

[chesty1] 21/11/2017 07:33

Being pumped all over advfn.

[edgein] 21/11/2017 07:32

And to think too that this is only for 10% or so of Zulu. This scoping study is for 13.7Mt, Zulu is anticipated to be 120-160Mt from the main zone and new zone which to quote GR is "massive". So we're looking at potentially 10x this $718m! VAST for example have 1.8Mt of ore at BP and they doubled on nearly getting a licence, that would fit into a tiny part of this scoping study which in turn is a tiny part of Zulu! No wonder GR says this is exceeding all expectations its world class. Its like VAST, ZIOC and GGP all combined and then some.

Regards,
Ed.

[markth126] 21/11/2017 07:31

Doesn't say a good comprehensive update though which is my concern.

[timw3] 21/11/2017 07:29

from the rns comprehensive update on RHA in the coming week !!

[ihavenoclue] 21/11/2017 07:21

banksy ... oh come on .. he had a stab at it lol

[jungmana] 21/11/2017 07:21

Worth noting from the rns; comprehensive update on RHA in the "coming week "