Premier African Minerals Share Discussion Threads

[valhalla2017] 13/6/2019 11:34

and mal - maybe you should reach out to macgerry and tell him no one is interested in our Circum shares. not even GR :). cause mac seems a little late to the game...

[valhalla2017] 13/6/2019 11:21

wow mal. someone is touchy...

maybe you should take this up with napom - if I remember correctly he said Circum Q1 this year. Did you buy on his 'info' and yesterday's news wasn't exactly what you expected. Where's you post accusing napom of making up stories? :)

anyway, the 2 mil valuation is true and so is the upcoming sharecap increase.

but don't let facts get in your way. such a muppet.

[the bull] 13/6/2019 09:55

pain over soon

[gaddy88] 13/6/2019 09:44

Paid obscene salaries

[the bull] 13/6/2019 09:26

piles of shares

[gaddy88] 13/6/2019 08:57

Point of Sale?

[valhalla2017] 13/6/2019 01:40

The thing is why would Zim invest 6 mil into RHA. If they string out Prem for another 3-4 months, the rainy season hits and the share price crashes to .02s so then they could offer a 20% premium and buy prem out for 2 million. 4 mil saved and a few extra assets.

And even at 2 mil they might be over paying.

Remember two years ago when someone offered 500k for 10% and GR rejected it and laughed. Last Zulu valuation I heard was 2 mil. But that was in January. I’m sure it’s closer to 1 mil now.

Lastly, where’s napom? He appeared when smilemore was trying to oust GR but is quiet once again. Wonder why?...

[the bull] 12/6/2019 23:49

all the positive posters have had an epiphany and suddenly gone all quiet this last week. this is all very depressing, perhaps we are far too early investing in this shambles of a country

[valhalla2017] 12/6/2019 19:58

Got carried away there. Edited now ;)

[thelogman] 12/6/2019 19:45

All good fun on the Prem bb,s. Time for a trade for 10%,lovely.

[barnetpeter] 12/6/2019 19:15

That would be great! I think though you meant 0.02 to 0.03 sadly

[valhalla2017] 12/6/2019 18:56

Now that GR will have to start doing placements in the 0.02-0.03 range I wonder how much he will try and increase the sharecap by? Minimum 5 billion but GR might try and got for 10.

Also why exactly was GR in London last week? Oh yes, I forgot. Dinner and a show. Silly me.

[the bull] 12/6/2019 15:11

How can we demand a UK AGM. It is obvious that's where it should be but hasn't stopped him before due to some bull about time spent in the UK

[moljen] 12/6/2019 13:30

TB - not quite dead but on critical in life support. If we can galvanise enough support to demand the AGM is held in the UK then we may be able to do something about it, if not then as you say it's time to call it a day and close / flog off what's left and get our fractions of a penny back. Anyway my post on LSE follows.... Phillip - send your email in with the UK AGM request. I don't believe we can rely on the $6M and the way the share price is crashing and the contracts these guys are on the Company will be taken private with them owning 99.9% of it.
If you search my profile for a post from 12th May (on LSE under moljen)you'll find my thoughts on what is needed to be done here - not guaranteeing it'd work but it's got to be better than the current. And before Napom comes back here rubbishing my CV in an attempt to maintain the status quo I turned around a Company in a similar financial situation and sold it for more than Prem's current market cap so it can be done, it just needs the will. UK AGM is an essential building block. To all, if you just want to see what's left of your investment disappear do sod all but if you want to keep the fat lady singing send them an email and demand the AGM is in the UK.

[the bull] 12/6/2019 12:09

We need to sell the stake in cicum and probably take a 50% haircut on the likely value so $3M in the coffers. That has to come with a clean sweep of the BOD, and close RHA money pit, sell off zulu. The dream has died

[the bull] 12/6/2019 12:04

so relying on zim government timescale 48 hrs = 8 months

[vitec] 12/6/2019 11:35

No denying that PREM is distressed. Roach needs to pull more than one rabbit out of the hat

[aidenabettin] 12/6/2019 11:21

Another lenigas,Dattels and Stalker same old story routine.Blame the puppet never the puppet masters

[the bull] 12/6/2019 11:16

If the Chairman had some balls, he should demand an immediate pay cut, 60% at the very least.

Anyone know what the shareholder group is doing or has that disbanded now