Premier African Minerals Share Discussion Threads

[ihavenoclue] 02/1/2018 10:43

bid ... I am not expecting one ... why do you feel there was one due today ?

[edgein] 02/1/2018 08:35

Soul,

Missed your thread and deadline unfortunately as wasn't online over Christmas and New year, but there's certainly a few candidates likely to double in 2018.

Regards,
Ed.

[bibdaddy] 02/1/2018 08:13

So frustrating that there is no RNS today

[ihavenoclue] 31/12/2017 19:58

I did just that Bit ;) Someone also mentioned CASP which I have my eye on.

Right I am off out ... have a VERY good New Year everyone !!

[bittorrent] 30/12/2017 20:01

A link to Soulsauce's 100% thread, if anyone wants to add PREM, just for fun and bragging rights!

[mike_f] 29/12/2017 18:56

Nice little summary ihnc, with RHA washing it's face (and more!) we should start to see the share price appreciate on good news as it comes out on all assets and not be immediately sold into.Happy New Year all, I see a much brighter 2018 for us long suffering shareholders!

[jungmana] 29/12/2017 15:00

Definately deserves to go in there.

[soulsauce] 29/12/2017 14:58

Is no one putting this in the 100% miners thread?

[jungmana] 29/12/2017 14:54

I hope 2018 delivers for us long suffering holders here. Reduced my holding from about 14m to exactly 10m in late November. Turned well for me as made over 100% profit trading pyc, lion , thr and vela.
Last chance saloon am giving to George; till april 30th for some good returns on my money here or else am reducing drastically.
good post there ihnc.
Happy new year to all.

[ihavenoclue] 29/12/2017 14:40

Review of 2017

Start of 2017 - share price 0.30p - 2.117b shares - Market Cap £6.351m
End of 2017 - share price 0.375p - 6.572b shares - Market Cap £24.645m

Increase in market cap of 288%
Increase in number of shares 210% (nearly 4.5 billion shares issued this year - ouch)

RHA

The profitability promised earlier this year has taken a lot longer to happen and caused a lot of dilution. We have had a very painful year because of it but hopefully from now on we are running profitably and can ramp up over the first 3 - 6 months of 2018 to take monetary pressures off PREM. GR also promised more than once that 'RHA was fully funded' this year so perhaps it is no wonder there was no rise recently as it is more the case where the market is saying 'let's see it before we believe it'.

Circum

We started the year with 2% and the GR went on a mid year rampage that pushed our holding up to 5.2% but added a few billion shares for the privilege. This of course may turn out to be really good business but it wiped out the rise this summer and any future rises from what should have seen the share double or triple. There was a lot of expectation for the liquidity event to happen this year but that simply did not happen and is still very much on the back burner. After the huge dilution this year the market has all but ignored the holding we have in Circum due to the way GR went about obtaining it IMHO. I wasn't convinced that the liquidity event was that close as why would some be happy to sell if they were close to multiplying their investment ?

Zulu

Well Zulu has gone from good, to great, to sensational to stellar and yet the market was not moved. There has been really good progress on Zulu this year and it is a crying shame it got overshadowed by RHA issues and the Circum share dilution.

Overall

A pretty painful year for shareholders where as the value of the company has increased by close to 300% but the failed promises on RHA and the single most impressive way to kill a rise with the July fundraising the actual value of a persons share value has only only increased by 25%.

Looking into 2018

We have gone through all the pain do we now see the glory this year ? RHA HAS to be profitable and we will hopefully see that grown from now throughout the year. There will be more drilling at Zulu and hopefully we can come to good terms with a JV that can see Zulu being brought through BFS/DFS by the end of the year or early/middle of 2019 (drilling is one thing ... getting it out of Zimbabwe with smuggling checks is another). On top of that more news on Circum and hopefully the liquidity event we have all hoped for ?

Anyhow just my thoughts on 2017 and looking ahead to 2018. I hope you all have a Very Happy New Year celebrations and here is to a very profitable and happy 2018 !!

Best Regards
IHNC

[wallyjumblat] 29/12/2017 02:15

It wont we have survived a turbulent time and yes its been painful but I am a great believer in the fact you don't get anything for nothing in this world, those of you who have stuck with this will be rewarded handsomely IMO.

[ihavenoclue] 28/12/2017 21:51

An early Happy New Year all ... I hope our market cap doesn't stay under £25m too far into the new year.

[the bull] 27/12/2017 17:06

At least we held blue today

[doctor 69] 27/12/2017 15:20

i think january will make it clearier and then lets see were we go

[dodge city] 27/12/2017 09:26

Is RHA in profit or not, it's still a bit unclear to me.

It's all a bit vague.

[dodge city] 27/12/2017 09:24

It's looking like sub 0.3 very soon.

Hope you all had a great Xmas.

1p next week apparently.

[elcapital2017] 22/12/2017 15:01

Where has foreskin gone?

[cambradjones] 22/12/2017 13:45

Think we all know the answer to that one. Lol.

[mrphiljones] 22/12/2017 12:21

😂 How would that effect your holding?......ԍ00;

[dodge city] 22/12/2017 12:19

Consolidation is next up.

[mrphiljones] 22/12/2017 12:07

I’ll have a stab at the closing price......NCOTD.....🤔

[ihavenoclue] 22/12/2017 12:02

The Bull ... share price and buy price not really correlating. I bought yesterday at 0.354p when share price was 0.375p and today when the share price is 0.325p they are buying at 0.35p .., so a 'drop' in the share price of 0.05p only relates to a drop in buy price of a tenth of that amount !!

[mrphiljones] 22/12/2017 12:01

Yer right why .25 let’s go .10....


























#Bellend

[barnetpeter] 22/12/2017 11:46

Prem is finishing the year very weak. I am a holder and don’t intend to sell but this is not good. Another placing perhaps...0.25 maybe?