Premier African Minerals Share Discussion Threads

[billthebank] 09/11/2017 10:52

Incredible Not even 11 and near on 200M shares changed hands

[edgein] 09/11/2017 10:47

Guys focus on the assets, 5% of Circum which has a current NPV of $2.4bn, $120m net to PREM (before they increase this stake further), 50% of $1bn tungsten/tantalum about to turn profitable/lucrative by year end and 2 world class discoveries with additional world class exploration around Zulu. That should give you something more interesting to discuss especially as the cap is just around £25m.

Regards,
Ed.

[timw3] 09/11/2017 10:43

Anyway back to prem


Based on Danakil’s post-tax NPV [net present value], we simplistically calculate that PREM’s interest could be worth c.US$42mln or £34.3mln; based on current shares in issue, this is roughly 1.82p per [Premier] share. There is potential for multiple phases to be constructed, and we are expecting a scoping study on roughly doubling production to 5Mtpa [million tonnes per annum] expected to be completed later in 2016. If just two phases were built, simple multiplication would suggest a value of £68.5mln or 3.63p/share. In any case, we note that just the Phase 1 value alone already exceeds PREM’s current share price,” Premier’s house broker said.

[jungmana] 09/11/2017 10:37

Tim , will you please get back to your EDL and leave us alone here.

[timw3] 09/11/2017 10:35

what i love about this thread is the ability to wind most of you up.

Brilliant absolutly fan dabby dosey!

[donald tramp] 09/11/2017 10:32

I am better than it but I won't allow someone to talk to me in that manner so just gave him some of his Owen medicine, there was at no point he boxed me into a corner i was completely in control and on top through the encounter.It's finished now, hear what you say.

[jungmana] 09/11/2017 10:26

Boys, maintain order. No foul language please

[ihavenoclue] 09/11/2017 10:23

The best way to view timothy :)

timw39 Nov '17 - 10:16 - 5959 of 5963 0 0 (Filtered)

timw39 Nov '17 - 10:17 - 5960 of 5963 0 0 (Filtered)

[vitec] 09/11/2017 10:21

I don't what to be known as the BB police. Timw3, you are entitled to your opinion but using expletives aimed at specific posters is out of order it also shows a complete lack of ability to put an argument over without using aggressive behaviour or foul language. That is why Donald probably posted what he did.

[timw3] 09/11/2017 10:17

Based on Danakil’s post-tax NPV [net present value], we simplistically calculate that PREM’s interest could be worth c.US$42mln or £34.3mln; based on current shares in issue, this is roughly 1.82p per [Premier] share. There is potential for multiple phases to be constructed, and we are expecting a scoping study on roughly doubling production to 5Mtpa [million tonnes per annum] expected to be completed later in 2016. If just two phases were built, simple multiplication would suggest a value of £68.5mln or 3.63p/share. In any case, we note that just the Phase 1 value alone already exceeds PREM’s current share price,” Premier’s house broker said.

[mike_f] 09/11/2017 10:16

Next leg up of the day is coming :) Consolidating nicely at each tick up churning the PB shares as we go.

[donald tramp] 09/11/2017 10:11

I can assure you I do, far better than yours I would hazard a rather educated guess.Now run along.

[timw3] 09/11/2017 10:00

donald you have no life!

[donald tramp] 09/11/2017 09:59

tim,

you are a low life.

[ihavenoclue] 09/11/2017 09:45

Seems nicely primed for news now ... or should that be nicely 'premed' ? :)

[edgein] 09/11/2017 09:31

Looks like the market is starting to catch on to GR's recent comments that none of our assets are priced in, not even RHA. With the increasing volume it seems the herd has got wind of this now too. 2 world class lith assets in for free and if GR gets another cash injection from a buyer or RHA Zulu North could make it three.

Regards,
Ed.

[vitec] 09/11/2017 09:27

timw3, your command of the English language is truly amazing. The sooner we hit .7p the better for everyone.

[billthebank] 09/11/2017 09:27

Well I didn't expect that move today!!!