Premier African Minerals Share Discussion Threads

[ihavenoclue] 11/3/2018 18:48

dplewis1
11 Mar '18 - 09:49 - 8305 of 8308
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Anyone investing freshly here must enjoy setting money of fire for a hobby. This whole debacle of a company needs a bullet in the back of the head and then everyone can move on to actually investing to make money, rather than financing this pipe dream.

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'setting money of fire' ? Is English not your first language.

Thank you for your pointless opinion ;)

[the bull] 11/3/2018 13:54

Well done the Doc, nice accumulating at this level. I wish I waited till now before I got my lot. I cannot commit any more funds to this though, has proved to be too risky. But I did like the pod cast, mind you like the others ones too

[driver101] 11/3/2018 10:34

d1
I wish I was investing for the first time, I've got to see .5 before profit. Very confident we will see that very soon.

[dplewis1] 11/3/2018 09:49

Anyone investing freshly here must enjoy setting money of fire for a hobby. This whole debacle of a company needs a bullet in the back of the head and then everyone can move on to actually investing to make money, rather than financing this pipe dream.

[jungmana] 11/3/2018 09:03

We invested about $29m into RHA and are getting about 40% more shares in the project for that. How much does that value the RHA project in total ? Approximately $70m. Just shows how insanely undervalued prem is at £13m (0.20p share price) market cap

[doctor 69] 11/3/2018 08:24

I took my holding back up to 30,000,000 as this has got to be a big multi bagge , will buy more tommorrow

[driver101] 11/3/2018 07:09

Plus from G Eye

RHA Tungsten APT mine, At full production capacity: From the underground mine: " With 10,000 tonnes of ore feed into the plant from underground mine, (if RHA can get an average of 4.72 grade) would give PREM US $1,027,072 per month (10,000 ore x 4.72 grade = 47,200kg or 4,720 MTU wolframite x US320 (APT price of Tungsten) x 0.68 (32% discount to noble)) From the open pit: " With 30,000T ore feed, (if ore grade average is 2.37), would give PREM US $1,547,136 per month (30,000 ore x 2.37 grade = 71,100kg or 7,110 MTU of wolframite x $320 (APT price of tungsten) x 0.68 (32% discount)) Overall (total from both underground and open pit as planned) " With 40,000T ore feed rate producing 11,830 MTU of wolframite x $320 (APT price of tungsten) x 0.68 (32% discount)) = PREM $2,574,208 before costs, per month. According to PREM FAQ, breakeven is 4,770 tonnes @ $220 ($1,049,400) We're awaiting fuller further update figures for the open pit any day. The figures for open pit costs are currently incomplete. Below, these are given as the same (probably more expensive costs) as the underground. For purposes of future pricing targets. Say 11 months production (allowing 1 month's maintenance) US 2,574,208 x 11 = US28,316,288 (against 12 months at breakeven (US $12,592,800) = Profit of circa $15,723,488 (@ Current APT price $320) PE ratio of 10 = Mcap (For RHA alone) US $265,454,200 or GBP �198,281,015= share price 3.05p All in my own opinion. So let's say we own 51% after the NIEEF re-alignment - this amounts to a cool $8m profit per year as a free ride and more if the price of APT wolframite continues to rise (which looks likely). With a PE ratio of 10 - this amounts to say US $80m or GBP �57m For share price adjustments this is 0.87p or 4.5 times the current share price

[forwood] 09/3/2018 19:13

Podcast says:
Prem's 20m loan to RHA will be converted to shares, taking Prem to a 90% holding.

Advanced talks re Zulu to bring in partners to develop project - announcement imminent.

Circum close to IPO to enable finance to take it into production. No constraints on Prem's holding there

Categorically no fund raising being progressed at this time.

SP has been driven to a very attractive level in terms of prospective project values, hinting at potential takeover target.

What's not to like?

[jungmana] 09/3/2018 16:21

I agree mate

[ihavenoclue] 09/3/2018 16:15

For me Zulu DFS in 10 - 12 months was the biggie :)

[jungmana] 09/3/2018 15:59

Bought back 2m today to take me back to 6m holding.George please keep your word :-)

[1madmarky] 09/3/2018 15:57

Good podcast

[driver101] 09/3/2018 15:30

Also topped up, talks are underway and advanced on Zulu any news that breaks on this you will see 2 or even 300% rise here..

[buzzarn] 09/3/2018 15:26

Loved the podcast. Have topped up.

[ihavenoclue] 09/3/2018 15:16

audioboom.com/posts/6715305-premier-african-minerals-prem-russ-mould-on-trump-s-trade-tariffs-stck-qtx-qrt-and-connor-campbell-on-fevr-mrw-and-jdw

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Don't listen to the liars and the trolls and their BS .. listen to this instead. 01:50 to 12:50

[dmitribollokov] 09/3/2018 15:15

"dmitribollokov
9 Mar '18 - 14:27 - 8282 of 8283 (Filtered)


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dodge city
9 Mar '18 - 14:30 - 8283 of 8283 (Filtered)


You will have to speak up .. I don't listen to scum with obvious agendas ;)"



Shame, because if you'd listened you would have saved yourself a bucket load of money and not looked as clueless as your moniker suggests you are.

[driver101] 09/3/2018 15:02

Premier African Minerals pod..

[turbotrader2] 09/3/2018 14:55

Great podcast out