Premier African Minerals Share Discussion Threads

[valhalla2017] 20/4/2022 17:34

Boom! Another 7% down.

[jlondon] 20/4/2022 17:02

LoL
Big Buy of 11.2 Million PREM shares at 0.2669p for £29,990 at 16.27, Wed, 20 Apr 2022.
I saw the few trades and appears to be a buy in blue.
I was also checking live prices just before the close.

Interesting - looks like all the nay naying produces such a buy which contradicts naying?

[jlondon] 20/4/2022 16:01

Hope the nay folks dont get upset with me to provide balance.
I dont want to buy shares at the expense of people's toil.


Look at Atlantic Lithium -started with iron ore in Africa which were good but too high a cost price for extraction with one being a bit far in. Then, there were Queensland projects for different minerals. Then, there was gold exploration in Cote d'Ivoire and Chad.

Biggest success-lithium in Ghana now JV with Piedmont. Just one of those things.
Only the big deposits with the type of attraction that majors are looking for will be
sought after. Well, all the other projects are now sold off, licences not renewed or spun off.

At one time, the placing went down to 4p or that mark although the IPO was into the 18p+ region.

Same gribes but now sunshine after so many years. No one with $$ will do a placing for a premium unless it is a cornerstone investor. Others financiers all want discounted placings and norm.

So, for George, Zulu is the one the Chinese Suzhou is interested in and not the rest of the other projects.

That's life. Even for GGP, there's grips about the old CEO who brought the Havieron discovery to life and as well as the current CEO. One sees the same type of comments for most if not all CEO's and they all run on the same lines.

Old-timers have heard it all before and therefore one concentrates on the project/mineral. One cant do due diligence by going out to Zim so one has to depend to a tiny extent that £12m talks?

On the other forum, NEW people have entered to post ....as the share price has reached this point. George cant want the share price down as he will be worth so much less surely?

DYOR. Wed, 20 Apr 2022.

[seems rude not to] 20/4/2022 15:40

Yep, I'm prepared to give it a go.

[its top up time] 20/4/2022 15:38

I'm a bargain hunter at these levels.

[jlondon] 20/4/2022 14:42

My post 23116, 20 Apr 2022 a few mins ago.

FROM ADVFN DATA:

Largest Volume:
Lloyds Bank at 268.4 Million [Green, UP]
PREMIER AFRICAN MINERALS at 165.7 Million [Red, down]

So, appears that the nay people are winning ?

Hence, why I posted at post 23116 as a matter of balance and morality, as people
are listening to just noise rather than checking and listening to some balance from empirical evidence. No one is saying the same thing about the Chinese over at Pilbara Minerals, AVZ on the ASX , Billion $ co's nor at Core Lithium, also ASX - all with Suzhou, Ganfeng and other top Chinese industry leaders.

20.4.22. @2:45pm

[jlondon] 20/4/2022 14:32

A bit of news in answer to comments elsewhere on PREM:

[1] George NOT communicating per other forum.
Recently, George spoke to Mining Weekly or akin to that. I saw it before PREM posted it on their website. George also spoke and speaks to Zimbabwe News. The former said no need to return to capital markets for the lithium project given SUZHOU has just given £12m to PREM @0.4p to do the DFS. Per Zimbabwe News [kindly check], George or the article said that the CHINESE are "actively" managing the DFS. Sounds reasonable given Suzhou has a director on the board now and he is a Geo with extensive experience in the lithium field.

[2] Share price LOW. How can it now be if posts say its going to X and Y.
Investment bankers for Suzhou and review by PREM's advisors that 0.4p is fair value.

[3] Cheap takeover?
Per the BCN case, one can read on the forum that posters said traders kept on selling and by the time the takeover came, it was a premium on a lowly price.
That was the BCN case.

[4] Atlantic Lithium - on the stockbroker page for this Ghana lithium explorer, it says BID SITUATION. The mkt cap is OVER £300m. After the JV with Piedmont for 50%, bids have come in. NO PFS/FS OR DFS, only JORC like PREM currently.
Recently, the JORC was upgraded from 20Mt to 30Mt.
PREM's Zulu has a JORC of 20Mt.

[5] Chinese competency
They run the biggest lithium processing plants in the world + for spod/off-takes and no one has commented like a few folks to talk about competency?

[6] CEO
No off-taker or JV partner or CORNERSTONE INVESTOR is reading about the CEO.
They do DUE DILIGENCE on the ground by visiting the core warehouse, site inspection and assays. So, its the LITHIUM DEPOSIT they are interested in ie they do CHECK.

[7] When and if the naysayers are successful about tis and dat and the share price reaches 0.2p AS IF SUZHOU ,cornerstone investor and off-taker had not arrived or de-risked in part [of parts to come], then I am sure THE RUSH TO GET IN.

After all, if its tis and dat, NO PRICE NO MATTER HOW LOW WILL JUSTIFY an investment or speculation SURELY?

All logical and reasonable. Some say, why buy now, its falling, falling - this is the same for all shares from the nay people but I find that shares do NOT reach the desired price.

Just a discussion. I have gone to many forums and I see the SAME trend of thought.
Same for Atlantic Lithium at one time even.

LoL. Wed, 20 Apr 2022.

[valhalla2017] 20/4/2022 10:16

Still no apology from doc. Costing people so much money with his ‘exciting month ahead’ posts.

[nofool] 20/4/2022 08:57

High 5's is my guess.

[cmvi] 19/4/2022 13:52

Low 2s on the cards

[valhalla2017] 19/4/2022 10:17

Just talked to George. He can’t wait for the rainy season to start again. All weekend he was answering emails about why nothing is being done and replying ‘unusual heavy rains’ is hard to write when Google weather exists. Ha

[the bull] 19/4/2022 08:02

Some drill results in your own time George thanks

[valhalla2017] 17/4/2022 13:23

Remember when George said no placing at this time and then did a placing two days later. When pressed on the statement, he said that what he said was correct. At the time there was no placing. And two days later was not ‘at this time’.

[space_dust] 17/4/2022 08:25

This has to apply to PREM, George Roach has issued shares like confetti.

[valhalla2017] 16/4/2022 16:53

In that miningweekly article George confirms the dfs will not be complete this year. The shareholder group says it will be completed in Q3 this year. George has to stop doing interviews, he’s making the shareholder group looks bad. Haha

[valhalla2017] 16/4/2022 10:14

At the local community meeting they asked what George was mining. And he said the pockets of uk retail investors. And everyone laughed. ;).

[valhalla2017] 14/4/2022 12:58

Just got off the phone with George. He said that to speed up mine build they are just going to move the rha plant to Zulu. Some say 250 million for a mine build. George will do it under 5 million with the old rha plant. The rate of return is phenomenal.

[bazza521] 14/4/2022 12:38

Kodal minerals nuff said!

[cmvi] 14/4/2022 12:34

Mid to low 2s still on the cards

[valhalla2017] 14/4/2022 12:29

Boom! Prem is shutting down for Easter. And then it’s summer vacation. I’m hearing November will be a big news months. Newsember!

[valhalla2017] 13/4/2022 15:37

Correction. George built half a shed. And with the experience he gained building the shed, the shareholder group claims he now has the expertise to build a mine. What can go wrong?

[valhalla2017] 13/4/2022 12:31

George built a shed! Hope he didn’t spent the whole 12 million on it.

[bazza521] 13/4/2022 12:21

I gave you guys the heads up the last two weeks in getting your money on kodal minerals you still have time we ticked up nicely waiting for mega news in FS and JV don?t delay or you miss out massive!!!

[valhalla2017] 12/4/2022 10:53

According to the shareholder group, at the meeting in London George said prem is not a miner. Now the shareholder group is saying prem is building a mine. Something George himself said, prem is poor at. Wonder what George promised them to support him?

[valhalla2017] 11/4/2022 08:39

4 trades this morning. Things are heating up!