Premier African Minerals Share Discussion Threads

[doctor 69] 01/3/2019 17:26

Seems a lot of stock churned no , which is a good thing

[valhalla2017] 01/3/2019 16:12

are those 5m, 10m sells? can't figured it out from the spread. I would think if they were sells they would be sub .09? maybe they are buys? dunno.

[dmitribollokov] 01/3/2019 14:40

Lol - just back got from holiday to see discount placing. £400k before fees? That pays his wages for a year; also how much were the fees? Jobs for the boys. Honestly GR needs investigating, it’s shameless.

[frost1] 01/3/2019 10:17

Val you have just proved my point. Incessant posting on one share. You should get some professional help for your problem.

[valhalla2017] 28/2/2019 23:40

and the LSE board mystery is solved. it's SVS....

[valhalla2017] 28/2/2019 18:48

looks like unfortunately the volume dried up a little this afternoon and we were not able to shift the almost 700m shares that GR dumped into the market this week. hopefully we can clear it by tomorrow morning. that way we can finally focus on the important things like the 'you would not want to be out of this over the weekend' trade.

[valhalla2017] 28/2/2019 17:09

and if you heard what I heard about Circum you would realize why prem/napom have stopped talking about it. very high chance it doesn't happen in 2019. very high. might drag out even longer.

[valhalla2017] 28/2/2019 17:07

I would beg to differ. my posts are not aimed at stifling debate. look at my responses to ted. and I've called this right time after time. when I called a placing was coming (and I knew it was from GR's time in London in Jan) people said I was full of it. and yet it happened at .09. The next raise will be 5 billion at .085 or lower. Unfortunately just the way it is with GR.

[frost1] 28/2/2019 16:28

One megalomaniac dominating lse board same as here.

[valhalla2017] 28/2/2019 16:10

man I feel for those on the lse board at the moment. I hope SVS can shift all their shares soon so the LSE board can go back to a sense of normality.

[valhalla2017] 28/2/2019 14:44

The issue is that GR and co don't really care. GR will spend a good 45 mins about HBR and about the reduced drilling costs once we acquire KME. and then talk about how the market is mis-pricing prem and that with time the true value will show. he has been repeating the same waffle for years. all the while the only increase is in GR's bank account.

I've attended too many of these GR investor events. TBH the best would be if no one showed up. It makes no difference what GR says. the next announcement is the HBR dilution. i'm thinking 5 billion shares at 0.085.

[valhalla2017] 28/2/2019 12:35

Mol - tbh I can't bring myself to attend anymore. There is no point. GR will continue to dilute shareholders until finally there is nothing let. hence HBR - he needs a reason to raise the sharecap. look at the last RNS, already talking about gold/HBR. and look at Ted. same thing. now it's all going to be about gold! story repeats itself.

It's amazing how calm the shareholder group is following the 0.09 raise. what will the next raise be at 0.06? maybe even lower? some say Circum has been GR's greatest investment. I beg to differ. I think Napom has been GR's greatest investment.

[moljen] 28/2/2019 12:26

Val - I can't get down from the North for next week. Are you able to go and raise the relevant questions?

[valhalla2017] 28/2/2019 12:00

insane volume. at this rate I think we will shift through the placing stock by this afternoon. tmr morning at the latest. just in time for the 'you don't want to be out of this over the weekend' trade.

great stuff from GR. can't wait for the upcoming investor event in London! I hope they have the salmon sandwiches again. it's the only thing of value during those events.

[valhalla2017] 28/2/2019 08:49

One little post from napom? What happened to all the ‘GR won’t raise at this level’? Really fighting for shareholders there, eh?

Also, if you look back at the raises over the past 2-3 years you know the next raise will be even lower. Just look at the folks who got suckered in at .18. Yesterday’s was at 0.09. With the burn rate at around 150k a month, this 400k will last until the end of March since we had January debts. Let’s see how low GR will raise at in April....

[valhalla2017] 27/2/2019 20:31

And seriously. Where is napom?

And I wonder know what the share price will be for the HBR raise. I know the rns said 0.085 but the share price will be way below that in a few weeks time so why would HBR pay a premium? Who’s up for 5 billion shares at 0.06!!!

[valhalla2017] 27/2/2019 17:04

did someone seriously pay .11 for 2 mill shares @ 16:14. or is that a misprint?

If it's not a misprint why didn't they wait until next week when they could pick it up in the .07s.

[valhalla2017] 27/2/2019 15:20

will we hit .08's today? sure looks like it! wooooo!

[valhalla2017] 27/2/2019 13:24

GR can't change plans now. HBR is how he will continue milking the company. he needs an excuse to increase the sharecap so he can continue placing. without HBR, GR might have trouble passing an extra 3-4 billion share increase. but now he will talk about gold, near term production, etc... none of that production will ever happen but at least he will have the room to continue raising at lower and lower levels.

and Circum might not even happen this year by the sounds of it. so the only thing prem shareholders have to look forward to is the .085 raise for HBR. and I heard another placing is on the way. I'm not kidding! there are a few IOUs that need near term servicing. so GR might have to add that to the HBR raise. we might be looking at 5 billion shares. gets better by the day!

[the bull] 27/2/2019 13:07

He will have probably changed plans by then