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PREM Premier African Minerals Limited

0.109
0.009 (9.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Premier African Minerals Limited LSE:PREM London Ordinary Share VGG7223M1005 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.009 9.00% 0.109 0.105 0.113 0.1115 0.0975 0.10 182,556,099 15:14:33
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Minrls,earths-ground,treated 0 -5.36M -0.0002 -5.50 25.12M
Premier African Minerals Limited is listed in the Minrls,earths-ground,treated sector of the London Stock Exchange with ticker PREM. The last closing price for Premier African Minerals was 0.10p. Over the last year, Premier African Minerals shares have traded in a share price range of 0.0965p to 0.66p.

Premier African Minerals currently has 22,836,049,123 shares in issue. The market capitalisation of Premier African Minerals is £25.12 million. Premier African Minerals has a price to earnings ratio (PE ratio) of -5.50.

Premier African Minerals Share Discussion Threads

Showing 28301 to 28317 of 30350 messages
Chat Pages: Latest  1142  1141  1140  1139  1138  1137  1136  1135  1134  1133  1132  1131  Older
DateSubjectAuthorDiscuss
05/4/2023
07:59
Looks that way and no rns. Need to have a mid day rumour of one.
gregpeck7
04/4/2023
16:17
Was today's press conference once again delayed?
valhalla2017
03/4/2023
21:57
Love them press conferences
gregpeck7
03/4/2023
12:34
I'm juts waiting for that press conference that a few posters were 100% was happening today. ahah
valhalla2017
03/4/2023
10:09
Pardon, didnt hear you with the RNS dropping haha.
sidsnw
03/4/2023
10:06
Turns out the shareholder groups ‘production starts this weekend’ was a ramp so they could sell into on Friday. Good going!
valhalla2017
03/4/2023
08:15
Just spoke to GR. He has got the news on his desk ready to publish but he is still in his dressing gown with a banging headache after the weekends celebrations.
sidsnw
31/3/2023
15:14
Where's that press conference! Volume drying up!
gregpeck7
31/3/2023
13:16
well if there is no press conference, we need more charts!
valhalla2017
31/3/2023
11:27
Wonder if we will get the 'press conference at 1pm' ramp this afternoon :)
valhalla2017
31/3/2023
11:24
Volume drying up.

===========

So is the water level in the storage dam.

11_percent
31/3/2023
11:22
21 February 2023

Premier African Minerals Limited

Zulu Pilot Plant Update

Premier African Minerals Limited ("Premier" or the "Company"), is pleased to provide this update on progress and developments at Premier's Zulu Lithium and Tantalum Project ("Zulu").

George Roach, CEO commented, "We are in the home stretch in terms of final plant assembly and commissioning, and we remain on track to produce spodumene concentrate (SC6) this Q1 as planned.


# The major components of final assembly and commissioning are set out below and I provide a status report.·

# Floatation circuits. All major structures, tanks, associated civils are complete and pipework, electrical and pneumatic connections are now being assembled.·

# Crush, sorting, screening, and milling. With the exception of the secondary crushing circuit, that is expected this week, all major components are installed and ready for power up.·

# Water supply. Main storage dam is at 10 meters and already contains sufficient water for ongoing operations.


# Generators and electrical motor control centres are on route and will be installed immediately on arrival from Johannesburg.·

# Mining operations. Pit clearing and exposure of the ore body is underway.


Major earthworks including tailings facility are well advanced and are not expected to cause any delay at this time. A particularly wet season has not helped but what has been achieved despite this and numerous difficulties associated with logistics, borders, ongoing relocations, inter alia is quite remarkable. In July 2022 this was nothing but bush, today we have a mine.

=====================

One worry here is the water that is needed to run the process.

From the RNS:

# Water supply. Main storage dam is at 10 meters and already contains sufficient water for ongoing operations.


"A particularly wet season has not helped....."

==

We have had a "particularly wet season"......but we only have 10 metres of water in the storage dam.

Kind of suggests that 10m is the min water level for operations.
What happens when we have a dry season.

11_percent
31/3/2023
10:30
Volume drying up
gregpeck7
31/3/2023
08:38
Ok fans.....a few questions for all these clued up investors on this bb.


PROJECT NAMIBIA - OTJOZONDU

Premier African Minerals have a 19% interest in MN Holdings
Limited (MNH), a privately owned company.

MNH is operating its wholly-owned Otjozondu Manganese mine,
located 150km NE from Windhoek. The Otjozondu manganese
complex is a large and low-cost manganese mine operation.

The plant is currently producing 5,000 tpm and NMH is looking to
incrementally increase production to 38,000tpm.

This is a operating mine....in which we have 19%.....how come we dont get any money from this.

Stockopedia shows that we had made zero revenue for the past few years.

11_percent
31/3/2023
08:30
And down she goes.....again.....gone red early today.
11_percent
31/3/2023
07:35
interested9Member since: 29 Mar 2023
zxie
30/3/2023
17:26
Bonzo03 that aimed at me??
interested9
Chat Pages: Latest  1142  1141  1140  1139  1138  1137  1136  1135  1134  1133  1132  1131  Older