Premier African Minerals Share Discussion Threads

[the bull] 09/8/2017 13:28

i would like 2M please at 0.05

[edgein] 09/8/2017 12:58

Mike,

That's a very good article when you compare that to our cap! :) And the fact that GR is actively increasing our Circum position. Also that stock tube clip on the right hand side of that article is worth another watch too as George mentions acceleration of the drilling programme now that the rains have cleared and the crops harvested.

Regards,
Ed.

[760il] 09/8/2017 12:54

If this moves up in the close, we could look at a rally tomorrow morning.

[760il] 09/8/2017 12:52

Sells are closer to 0.60 and buys are closer to 0.61p and of course bigger size having to pay more.

[ianbag] 09/8/2017 12:49

some buys going through as sells, my small top up of 1.042m shares did

[bionicblabbermouth] 09/8/2017 12:48

Since RNS at 10:33, little down. Traded Vol was circa 94m shs

and now 2 hours later it's nearly double and we are perking up.

[mike_f] 09/8/2017 12:42

www.proactiveinvestors.co.uk/companies/news/182193/premier-african-rises-higher-as-it-ups-stake-in-danakil-project-owner-circum-minerals

Won't let me copy the link properly so will have to copy and paste into browser.

"Premier’s 4.2% stake could be worth as much as US$84mln according to a recent definitive feasibility study"

[activeservo] 09/8/2017 11:48

Just topped up too! This is getting really good.

[barnetpeter] 09/8/2017 11:47

More dilution and more stock to be shifted. Mind you most will be gone now and at least its not for "general working capital"

[bigtune888] 09/8/2017 11:42

I think last 1m left at 0.6p :(

[bigtune888] 09/8/2017 11:42

Hey Ho Pauline keep munching friend.

[fund1] 09/8/2017 11:41

Tick up coming.

[vitec] 09/8/2017 11:39

Ed, in a previous post this morning I wrote about possible unsolicited/unwanted attention from possible suitors looking at PREM as a whole.

[bigtune888] 09/8/2017 11:36

Nice 3m buy, saved himself/herself 1.5k from earlier price. SHREWD

[fund1] 09/8/2017 11:35

Plenty of buyers coming in.

[mike_f] 09/8/2017 11:32

Buy price increasing again, panic sellers will be buying back at higher prices lol

[edgein] 09/8/2017 11:24

Vitec,

If George continues to buy circum and upgrade our lith assets we could be in danger of a Chinese/Japanese hostile bid. This one has barely a producing tungsten mine valued in let alone world class lith and potash.

Regards,
Ed.

[edgein] 09/8/2017 11:21

Paulie,

Yes the 4.2% of circum and Zulu are free in our cap at present which barely covers the RHA tungsten mine. Good to see George make another shrewd investment into Circum, he wants to get us as much of that as possible before the big pay out there. In the mean time more assays on the high grade/practically pure spodumene of the new discovery and plenty more holes to be drilled. Shrewd investors will be loading up until George gets us the big pay out on ciricum, $2.8bn, man that's a lot of potash.

Regards,
Ed.

[mike_f] 09/8/2017 11:19

What we are purchasing them for now (by way of placing shares) should be seen a bargain with Circum NPV of $2.1 Billion.

[donald tramp] 09/8/2017 11:18

He clearly knows what is happening at Circum, we have a shared director.

Let him add, all going to end up as more value for PREM

[donald tramp] 09/8/2017 11:17

He knows what he is doing, probably a good juncture to add more.

[bigtune888] 09/8/2017 11:15

It should move back up.