Premier African Minerals Share Discussion Threads

[highly geared] 14/2/2017 07:23

Yep, currrent share price largely covered by cash. Valuation is crazy at the moment.
We need to see 2p min just to get to fair value ex Lithium resource.

[mike_f] 14/2/2017 07:21

Hi Bill, yes on commencement of production we get $20M. Mcap is only £28M!! Then world class Zulu, Circum etc! Crazy...

[sorrento06] 14/2/2017 07:16

1p today ! IMO of course: )

[billthebank] 14/2/2017 00:58

Did I read the RNS right? As soon as RHA goes into production we are due $20M and yet we are valued at £6M???

[andrewsr] 13/2/2017 21:58

That site seems expensive just to get the latest lithium price. Is there another source to get the latest price?

[mike_f] 13/2/2017 20:04

Lithium price increased a touch over the past 7 days also!

[backtogo] 13/2/2017 19:48

yeah they were trying to fill them all day.. up tomorrow then!

[miahkaysor] 13/2/2017 18:55

All of the 3X 3 million reported are 100% BUYS!

[edgein] 13/2/2017 18:35

Great to see such a strong finish and no Darwin to save them this time.

Regards,
Ed.

[highly geared] 13/2/2017 17:52

Everyone is excited by the Lithium deposit ( and rightly so) but take operational progress on existing core assets and this should justify a share price of 1.8-2p based on a reasonable PE ratio of < 10.

The Lithium is the icing in the cake that might propel Prem to a 10 bagger in its own right.

The confluence of events in terms of reactivating operational delivery of core assets, exiting the Darwin death spiral , the timing of the Lithium/ tantalum deposit re: predicted world demand/ prices and the spread of commodity assets , represent a rare opportunity to buy £5 notes for 50p.

[ny boy] 13/2/2017 17:41

Lots of sorry investors calling the top @ 0.4,0.5,0.6p etc, they are getting seriously mugged, I am happy watching the price action as a long term holder, could easily x2 or x 3 in the short term,now our seller has gone.

Enjoy ...GLA

[dingo75] 13/2/2017 17:33

REM hit £150m, and on hype.

PREM will hit at least £150m, because it has one of the worlds largest lithium deposits!

anyone selling will regret it. 3p is a coming. the lithium demand isn't going away
nor is Zulu.

Could double v quickly from these levels.

As could MKA, but that's another Story ( and a trebler+ in the making ).

[thehitman1] 13/2/2017 16:58

lol

barnetpeter13 Feb '17 - 09:45 - 1043 of 1066 0 1
All sold out today at .66. Been a great rally. Still expect a placing and the price to fall back so on the sidelines for the moment. Good luck holders.

[jungmana] 13/2/2017 16:52

Rem reached £150m market cap, I see no reason why prem should not. In fact we should do better.Bring on 4p (£150m market cap ) on the zulu jorc in 3/4 weeks time.Gla

[ny boy] 13/2/2017 16:51

Hold for the long term and reap substantive gains

[mike_f] 13/2/2017 16:32

Brilliant close, breakout continues and news due soon. GLA

[highly geared] 13/2/2017 16:18

People daft to think of selling anywhere under 5p. Look at the near term newsflow and the lithium/ tantalum elephant about to be revealed. It's staring people in the face, do not blink and give away your shares!

[backtogo] 13/2/2017 16:08

so obvious it was coming. they've been soaking up the selling since Friday RNS knowing there's orders to be filled. Momentum is still here, roll on 1p+

[kcowe] 13/2/2017 15:53

took another chunk..... break out

[backtogo] 13/2/2017 15:49

going to blow soon.. maybe some URU profits will fly in for another 3 or 4 bags!!

[stealive] 13/2/2017 15:37

0.7 here she comes

[kcowe] 13/2/2017 15:31

looks like the overhang is gone.... highest prices of the day ..
break out beckoning.

[mike_f] 13/2/2017 15:29

Buy price rising on every trade now :) .7p+ close?? GLA