Premier African Minerals Share Discussion Threads

[jungmana] 07/11/2018 10:17

Your new shares in Newco will be diluted to hell. Can you see in the rns how much will be raised?

[andrewsr] 07/11/2018 10:16

Very painful, but sensible to combine Premier assets with drilling and mining equipment and a mining team.

[joosepi] 07/11/2018 10:15

afpoo all over again current at 0068

[aidenabettin] 07/11/2018 10:15

The Bull are you agreeing with me???????.Never seen that before!!!!!!!!

[aidenabettin] 07/11/2018 10:14

KP2(Kore) will export from Africa

[the bull] 07/11/2018 10:13

This could work out ok to be honest, we still hold our prem shares as a shell and when the circum sale happens, that makes them worth at least what the share price is today or more if the circum float is a real success. Then we have our new shares in Newco.

[aidenabettin] 07/11/2018 10:13

Nitrogen will come from coal gas, Phosphate discovery in Zambia can supply Africa for 100yrs and Circum and LacDinga(AFPO/BLCC) will supply the potash over the same period.

[jungmana] 07/11/2018 10:13

The Bull that's exactly the case . $9m for all premier's Zimbabwe assets. The only winner here will be GR and his mates. And has always been that way except for a few traders

[aidenabettin] 07/11/2018 10:10

He is not the only buyer as you will find out shortly. Circum will be MASSIVE in the next four years.Very shrewd investment and good use of Prem shareholders money. .AAX will be looking for East African potash assets and they know GR. Fertiliser plants are going to shoot(pun) up all over AFRICA and we will need copious amounts of NPK.

[barnetpeter] 07/11/2018 10:09

This is just a further dilution with newco needing to raise millions

[dmitribollokov] 07/11/2018 10:09

you guys are nuts, like I said last summer, it's uninvestable...

[quazie12] 07/11/2018 10:04

Just bought in 6.6million shares at 0.15p.

[joosepi] 07/11/2018 10:04

down 38% should be top of loser at 100% red today

[the bull] 07/11/2018 10:04

The Parties have agreed to an initial fair market valuation ("Agreed Valuation") of:

-- US$4 million for the KME Assets, based on the valuation before depreciation; and
-- US$7 million for the Premier Assets


So 90% of RHA including the equipment + Zulu = value of $9M

[dmitribollokov] 07/11/2018 10:02

circum has been for sale for > 2 years and the only buyer has been GR...

[aidenabettin] 07/11/2018 10:01

Ive no interest in NEWCO but will wait to see how this unfolds after seperation

[joosepi] 07/11/2018 10:01

Then onto 008

[aidenabettin] 07/11/2018 10:00

I said along i was hovering for Circum and will eventually get my chance. All about timing now

[aidenabettin] 07/11/2018 09:59

Hopefully and then im piling in BIG TIME !!!!!!!!!

[joosepi] 07/11/2018 09:58

sub 1 coming

[aidenabettin] 07/11/2018 09:58

Circum is definitely or will be worth a minimum of that amount sitting in the shell. I will be buying into the shell as ive always wanted a piece of Circum. Its a top asset

[quazie12] 07/11/2018 09:56

Current market cap at 0.16p is £12.67m or $16m. Last announcement in August Circum shares worth $6m. So current market cap values Prem's assets at a lowly £8m. And GR talks about enhanced shareholder value ffs !

[aidenabettin] 07/11/2018 09:56

I will wait to see where this settles. Might be worth buying millions and millions pre consolidation.

[letmepass] 07/11/2018 09:55

Time to get out