Premier African Minerals Share Discussion Threads

[jlondon] 22/4/2022 11:01

Valhall2017
I am sure that if I ask at the other forum, they will loL at your email address of PREM?

[valhalla2017] 22/4/2022 10:54

Jlondon - are you sure you spelled it correctly? It’s the same email the shareholder group use to get all info when they say exciting news next week.

[jlondon] 22/4/2022 10:03

Lithium Spodumene latest price US$5,750 [Fastmarket @14.4.22]


That is a hefty price for spodumene of which PREM's cost is in the region of $800 from recall. I will re-check later.

Valhall2017 #23148 - please kindly note that there is NO SUCH EMAIL as [e-mail] LoL - so you acknowledge all the info you provided is not correct??

GLOBAL LITHIUM
Suzhou [same cornerstone investor as PREM] has taken a 9.9% stake in this ASX co, NOTE MKT CAP A$300 million per StockheadAU recently. SIZE OF DEPOSIT? 9.9Mt @1.1% li20 vs PREM 20Mt Li20, Mkt Cap <$50m. PREM has a 50% off-take with Suzhou vs Global Lithium 10 yr off-take. SO VALUE WILL OUT? Suzhou is getting value in that they invested £12m for a 13% stake @ 0.4p [currenty share price is 0.27p average] + 50% off-take.

GEORGE ROACH INTERVIEW
George will be doing a STOCKBOX PREMIERE on 28.4.22 between 7pm-9pm.
with Q & A as well. So, more details to come.


Fri, 22 Apr 2022.

[valhalla2017] 22/4/2022 09:00

The weekend ramp is losing steam. We need more charts. And more rockets.

[valhalla2017] 22/4/2022 08:41

I emailed [e-mail]

[jlondon] 21/4/2022 15:05

How would you know that , as an ordinary pi?
Is there relevance to the Zulu project?
Just asking with thanks.

[valhalla2017] 21/4/2022 14:49

It was only in response to your comment that the company secretary does not usually go to Zim. In this instance it’s pretty common for the company secretary going to Zim.

[jlondon] 21/4/2022 14:44

I dont have Brendan's last name.
Valahalla2017 - think its not healthy to make any ?

[valhalla2017] 21/4/2022 14:36

Jlondon - you keep forgetting to add Brendan’s last name. ;). Anyway, you might enjoy the telegram group more. They think everything George does is amazing.

[jlondon] 21/4/2022 14:30

Valhalla2017 -not a new investor.

"You might want to research who the company secretary is. The clue is that George and him took the same car up to Zim."-Valhall2017

Oh, so you were in the car to a remote outback type of scenario[Zulu lithium project in Zimbabwe] with Brendan the co secretary and George Roach, CEO of PREM. LoL. Otherwise, how would you know that they took the same car?

The Bear methodology is short and "dit" [common term]?
The Investor - Correct missed facts. Explaining my position as an investor ie correct any wrong info?

[valhalla2017] 21/4/2022 14:21

Jlondon - you must be a new investor. You might want to research who the company secretary is. The clue is that George and him took the same car up to Zim.

[jlondon] 21/4/2022 14:03

"PREM COO Errico & Exploration Mgr Bruce together with Co Sec Brenden on site at Zulu Lithium. Pic shown.
19.4.22

Reply in the thread:
"Inquisitor: Are they concoting a cunning plan? Any chance of sharing it with the rest of us along with drill results preferably."
----
Then the next tweet comes GEORGE on site with the Exploration Mgr at ZULU pouring over paper work. [Pic shown]
---
Then, 9 mins ago is the tweet and pic of the Zulu NEW AREA cleared land with market to drill.

My Comment:
So, not only me that is cognisant that the Company Secretary does not usually go to Zimbabwe to be on site and looking at paper work or maps [?] with COO and Expl Mgr.

Shorters may be in for a surprise? Dont know as got to wait and see what happens next. DYOR.

[jlondon] 21/4/2022 13:43

Valhalla2017
George is NOT clearing land. It is CLEARED and drilling to start on a NEW AREA.

No, I have never shorted & never will - answer is obvious.

Anyone owning stock will naturally want to counter the bear [short & dis...] to provide balance. If you were the only one here and such, then you would be free to post missed info?

Balance is healthy and honest.

P.S. I saw a pic of the COMPANY SECRETARY also at Zulu with the Mgr etc pouring over maps. I did wonder why but no point asking because there are only bears here. LoL.

Oh, so you are a shorter?

[valhalla2017] 21/4/2022 13:39

Jlondon - you would have made more shorting this than with all these ramps about George clearing land. Unfortunately prem only has one working drill at the moment.

[jlondon] 21/4/2022 13:33

PREM has just tweeted with a pic, 9 mins ago, Thur, 21 Apr 2022.

Pic shows LAND cleared with a marker across [tape] and drilling for NEW AREA.

George is on site with the Mgr.

LoL - wonder if this is for the updated JORC or EPO land?

[jlondon] 21/4/2022 12:08

All this de-ramping you would think the price was 0.2 and not 0.27/8.
[Answer]

LoL - Market forces ie investors [bears and bulls] are at force
= 1 sell, 1 buy.

As they say, value will out.

Or the Mis-pricing gap will close.

101 market theory and is evidenced by Atlantic Lithium etc with terrific mkt cap of over £300m and others in that same league with similar JORC's to PREM [Atlantic upgrade JORC from 20Mt [same as PREM] to 30Mt.

Thur, 21 Apr 2022

I note that 1 chap has told SHAREBEL that they DONT want positive views on PREM or rather more accurately any of the factual deposit etc details as norm.

Appears the same on this forum. But the share price of PREM is now +6.49% rather than down , so BULLS winning over BEARS. LoL.

[valhalla2017] 21/4/2022 11:41

All this ramping you would think the price was 2p and not .28.

[jlondon] 21/4/2022 11:19

PREM
Live quote from HL, 1 min ago:
Sell 0.2777
Buy 0.28
+ 6.46% at 11:17
Thur, 21 Apr 2022.

So, AllenQuatermain - you said PREM -7%.
Just in the morning of today, the share price is +6.46%.
Hence, what is said is in evidence per my last post above.

[jlondon] 21/4/2022 11:09

AllenQatermain #23123 21.4.22
It was NOT claimed that the big sells were buys. Commented on 1 trade yesterday at nearly closing time that was a buy.

The rest of the posting is about the success of traders - George said bulletin boys relating to the share price. So, for the avoidance of doubt.

For every seller, there is a buyer as norm. Today, as such the share price of PREM has RISEN and the prediction or rather wishful thinking [?] that the share price will go to 0.25p etc has NOT materialise due to George, rather than the deposit.
Others are looking at the deposit, rather than George given Suzhou are now a board member and said to be taking an "active role" in the DFS.
--
PREM & SUZHOU
Suzhou invested £12m for a 13% region stake as well as a 50% off-taker for Zulu Lithium's spodumene in Zim. Suzhou invested at 0.4p.

GLOBAL LITHIUM & SUZHOU
Stockhead AU last night tweeted and wrote an article about which ASX lithium stock that is now capitalised at A$300m that will be the next A$1bn cap.

Among the 6 named, Global Lithium was mentioned at a A$350m mkt cap.
Global Lithium also has Suzhou as the LARGEST SHAREHOLDER at 9.4% invested as well as 10 years of off-take.

SIZE OF DEPOSIT: 9.9Mt at 1.14% Li20.

PREM
Mkt Cap £50m currently [approx] with 20 Mt Li20 deposit at Zulu = DOUBLE the size of Global Lithium but nearly 1/3 less mkt cap.

So, no wonder Suzhou see value.

Title: "BATTLE TO A BILLY -which ASX stock will be the next to hit $1bn mkt cap."
StockheadAu 20.4.22 at

~~On the London South East PREM, that was also pointed out about the Zulu lithium deposit rather than George. So investors selling and investors buying, hence today the price is UP, NOT DOWN. LoL, the George ...is NOT working as it appears today.

[akmal101] 21/4/2022 10:29

EEE EMPIRE METALS !

[valhalla2017] 21/4/2022 09:18

Traders loading up to dump next week. George must have let slip an update is next week. When the traders dump this will crash. Have your finger on the sell button!

[valhalla2017] 20/4/2022 21:03

Just got off the phone with George. He’s a little embarrassed. Turns out he didn’t have his reading glasses when he met with the drilling company so he mistakenly asked them to drill in Mali. So many licenses it’s difficult for George to keep track. Gold!

[jlondon] 20/4/2022 19:00

As a matter of interest:

Kodal Minerals lithium project in MALI [also spodumene like PREM's Zulu].
JORC 21.1 Mt - RNS 28.2.2019
So, 3 years now since JORC.
Mkt Cap: £53 Million @0.34p.

PREM
JORC 20Mt
Mkt Cap: £51 Million @0.26/7p.
Chinese cornerstone investor at 13% with a board seat and premium paid at 0.4p.
Suzhou is also the off-taker for 50%.
Zim is a large lithium producer - last 4 months, takeovers of Bikita, Acadia etc, all by the big/bigger Chinese firms.

How is this possible? 1 initial DE-RISKING event [101 methodology recognised by City of London] and yet the SAME MKT CAP for a MALI project NOT DE-RISKED YET with a major Chinese cornerstone investor or OFF-taker.

Also, the country jurisdiction in Mali is under a coup? Havent checked latest.

I provide evidence of methodology or de-risking [1st event].

How can this be? George's answer: bulletin boys re: share price etc in his official interview?

Wed, 20 Apr 2022.

[jlondon] 20/4/2022 19:00

As a matter of interest:

Kodal Minerals lithium project in MALI [also spodumene like PREM's Zulu].
JORC 21.1 Mt - RNS 28.2.2019
So, 3 years now since JORC.
Mkt Cap: £53 Million @0.34p.

PREM
JORC 20Mt
Mkt Cap: £51 Million @0.26/7p.
Chinese cornerstone investor at 13% with a board seat and premium paid at 0.4p.
Suzhou is also the off-taker for 50%.
Zim is a large lithium producer - last 4 months, takeovers of Bikita, Acadia etc, all by the big/bigger Chinese firms.

How is this possible? 1 initial DE-RISKING event [101 methodology recognised by City of London] and yet the SAME MKT CAP for a MALI project NOT DE-RISKED YET with a major Chinese cornerstone investor or OFF-taker.

Also, the country jurisdiction in Mali is under a coup? Havent checked latest.

I provide evidence of methodology or de-risking [1st event].

How can this be? George's answer: bulletin boys re: share price etc in his official interview?

Wed, 20 Apr 2022.