Premier African Minerals Share Discussion Threads

[bluemango] 20/4/2021 09:32

If there's a sweepstake for the Placing price, I'm hoping I pull 0.15p.

[valhalla2017] 20/4/2021 09:27

I thought the shareholder group was mopping up all the shares? why is the price dropping?

[valhalla2017] 20/4/2021 08:36

George just saw the rns from vast and said ‘excellent idea’.

[zxie] 20/4/2021 07:02

You dog miss premier rise?

[asm5] 20/4/2021 06:27

Telegram PREM group. Welcome to those so wish to join. https://t.me/joinchat/O8ZxJA-JdmtiNmY0

[valhalla2017] 19/4/2021 21:20

Wolf - George does love liquidity. Soon there will be 4 billion more shares to trade!

[wolframite] 19/4/2021 16:58

Don't forget Val, according to GR there's plenty of liquidity in PREM to trade in and out!!!

[valhalla2017] 19/4/2021 15:01

oil - what's happening with all the shareholder pressure? I'm hearing the agm is imminent.

[zxie] 19/4/2021 11:49

Boooom next update

[valhalla2017] 19/4/2021 09:33

Doc - looks like the market is fully appreciating what’s coming. Confetti!

[doctor 69] 17/4/2021 06:53

They will be back next week , exciting weeks and months ahead , just many not yet appreciating what's coming

[richardp19] 16/4/2021 15:11

Looks like everyone has legged it

[gerrym two] 16/4/2021 13:23

Good steady share price ...holding well. EPO has given Prem a new base of 0.18 to 0.21. Some kind of finance will have to be raised to pay for a complete drilling programme....pretty normal. GL guys.

[bluemango] 16/4/2021 12:53

I'm not sure you really are agreeing with me because personally I wouldn't touch this with a bargepole, particularly this close before a likely discounted Placing, but each to their own.

[doctor 69] 16/4/2021 12:47

Blue , now you are making sense . I believe there is tremendous demand for funding for prem and I reckon there will be a squeeze on after rns as like you say people think price will fall to placing price , but what if the placing price is not at a discount . But I do agree with what you say .

[bluemango] 16/4/2021 12:44

Sure, your choice.

I'm simply saying if it was me being so determined to buy despite the history, I'd at least wait for the funding and dilution to be known and done with first, together with any accompanying market reaction - which will likely be a drop to meet the Placing price. Why give yourself an unnecessary handicap right from the start?

[doctor 69] 16/4/2021 12:32

Blue , we are buying for the future earnings , no hype , just simple the value in a year when mine is being built .It's all going to plan . Just topped up again

[bluemango] 16/4/2021 11:36

"Shares already down 50%" Oh my gosh, just look at the 1 year, 2 year chart, man! They were irresponsibly hyped up a few weeks ago to a totally unsustainable level, just for a few brief days, and you're using that as your yardstick?

But as you say, we'll know soon enough. You say no discount, so 0.22p.

I say 0.18p if you're lucky, more likely 0.16p. We'll see who was closest.

[valhalla2017] 16/4/2021 11:36

all that mopping up and not one tr-1. and are you sure they are paid in cash? you might want to go back to your source and ask again.

[doctor 69] 16/4/2021 11:28

Valhal , the drillers are paid in cash not shares by prem , with their own money .

[doctor 69] 16/4/2021 11:27

Blue , I am a significant holder and know what the sizeable holders are doing and not selling , but moping up .It is not me spouting off info but for valhal to give such specific info is simply not true .But we will know soon an enough , I reckon no discount as there is to much interest in Prem and shares already down 50% .

[valhalla2017] 16/4/2021 11:03

those sells are the upfront payments for the mobilization of the drillers. how else was george going to pay for it? next dilution is the drilling costs and mnh.

[bluemango] 16/4/2021 10:59

15.4m delayed report sale just gone through. Thirty-one grands worth.

If you don't believe me, at least see what the significant players are doing.

[valhalla2017] 16/4/2021 10:42

if the drilling is to start in May, george has a couple weeks to get the placing off.

[bluemango] 16/4/2021 10:25

Of course George is going to be either evasive or bullish in any private conversations in the lead up to any Placing. To be fair, you'd expect nothing else from a CEO who will see it in his and the Company's best interests to talk up the prospects and keep the price as bouyant as possible in an effort to minimise the discount and dilution. People will hear what they want to hear and filter out the rest.