Premier African Minerals Share Discussion Threads

[markth126] 19/3/2018 19:55

Too gain what , and also what would you want them to do that they aren't doing now

[pwhite73] 19/3/2018 12:43

No it will not tick up because they are forward selling placing shares. That is where the 7m dump has come fromNo amount of PI buying is going to raise the price. Positive news is required to cause a spike before it drops back.

[dmitribollokov] 19/3/2018 09:01

Probably starts to tick up from here

[doctor 69] 19/3/2018 08:33

Lots of buying , these should move up from here if this continues

[wallyjumblat] 18/3/2018 20:08

Yes indeed and GR gearing up for Interview with Proactive, news this week IMO.

[carl19] 18/3/2018 19:45

https://www.techzim.co.zw/2018/03/silently-the-changes-to-the-zimbabwean-indigenisation-law-have-been-made-into-law/Care of poster on lse.Great news.

[highly geared] 17/3/2018 10:52

Sold out here at a material loss a number of weeks back but look in occasionally.
Confidence is shot to pieces and the market doesn’t trust GR and has zero faith in his abilities. It’s all about confidence in the board to execute a plan to develop assets by placing shares and higher and higher prices to fund/develop the assets. To do this, management have to show they are delivering a plan professionally and have plenty of skin in the game. Having been in Prem for 1 year it became untenable for me as it became clear that GR doesn’t have the ability to develop the assets or at least the market doesn’t believe it and that is all that matters. I hope this comes good though for those who have stock.

[dr jekyll] 17/3/2018 10:34

The fact that GR said he wasn't doing a placing "today" in his broadcast last Friday would suggest that he might be doing one soon afterwards I would have thought.

[the bull] 17/3/2018 00:19

Forwood, sometimes with a share like this, you have to read between the lines. What seems like incompetence may be the opposite. RHA almost profitable washing its face suddenly isn't. Oh I wonder why? let me report George for being naughty!!!

[ihavenoclue] 16/3/2018 18:54

Foorwood - If today makes you 'very angry', when all it boiled down to was removal of Darwin in full, then the AGM resolutions will cause you to have a breakdown :)

All IMHO
Regards and Sympathies for your family.
IHNC

[ihavenoclue] 16/3/2018 18:45

forwood .... if you wasn't such an angry child I would tell you what I think is going to happen next but your e-mail to regulator shows you are extremely unstable IMHO

He said he wasn't doing a placing THAT DAY ... and he didn't ... so what have the regulator got to investigate ?

You should NOT be investing in shares as you clearly can not understand what is required to do business at these levels when you call people idiots for not knowing who their broker was and it is clear the only idiot was you !!

What a sad case you are.

[the bull] 16/3/2018 16:00

On the other hand, just checked my last primary bid purchase of 5M shares and see they are 52% down, thanks for that George

[the bull] 16/3/2018 15:59

Are you a shareholder forwood or are you just trying to stir up trouble and damage the share price further.

[forwood] 16/3/2018 15:16

Sent to the Aim regulator and copied to PREM

I am assuming this company has yet to replace Beaumont Cornish Limited as its Nomad. In fact, their website still refers to Beaumont Cornish Limited.

Today PREM announced a 250m placement of shares to raise £400,000 via RNS Number : 9584H. Just a week ago, on Friday 9th March, the CEO George Roach recorded a podcast reproduced here where he specifically denied this was the case.

If you listen from 8 minutes in to the recording, he dismisses social media reports that he was planning to raise funds and says: 'I can't be doing a placement and having a conversation with you…..I'm not doing a placement at the moment. It's a Friday afternoon and I'm not going to do a placement today'.

The direct statement and overall inference of the podcast, despite the qualification of ‘not going to do a placement today’, is that he was not planning to raise funds. Just one week later he does precisely that, and I suggest he was planning it at the time he was denying it.

Following this podcast, which was widely reported on social media, the share price was bought heavily and recovered by almost 30%. I believe that his statements in this podcast constituted a misleading statement contrary to section 397 of the Financial Services and Markets Act 2000.

[the bull] 16/3/2018 15:07

Circum valuation £2B are you sure

[pwhite73] 16/3/2018 13:02

ihnc Whether 9% 90% or 900% it makes not one iota of difference. Prem will never have the resources to put any mines into production. All it can ever do is issue progress RNS announments whilst diluting the ar$e of the stock. Hang around here for another 12 - 18 months and see where this share price is with or without a consolidation.

[barnetpeter] 16/3/2018 12:56

LOL the price is now 0.18 and a bit...an all time low. Another 250 million shares have been dumped and there is no news on any of the assets.

I am well down on these as is everyone. George is hopeless and staggers from one disaster to another. Millions have been lost on rubbish.

It will be a MIRACLE if we get our money back. A write off is more likely.

That is an HONEST assessment of yet another prem placing. What is this? 12 in a year?

This is AIM and we have useless CEO. We all just picked a dawg.

[ihavenoclue] 16/3/2018 12:44

You call me the idiot yet I knew something was going to happen and you didn't. So who really is the idiot? lol

[forwood] 16/3/2018 11:45

Reviewing your idiotic comments ihnc on this occasion, a Nomad is distinct from a broker. Beaumont was both. Prem website still has Beaumont named as Nomad. There has been no announcement to the effect that anyone else has been appointed and LSE must approve such an appointment.

[forwood] 16/3/2018 11:42

I quoted the podcast verbatim. Listen from 8 minutes in at

He said two things: 'I can't be doing a placement and having a conversation with you .....I'm not doing a placement at the moment.... It's a Friday afternoon and I'm not going to do a placement today'

If anyone thinks that is not a clear steer that a placement was not being planned or considered, they are a moron.

[doctor 69] 16/3/2018 11:18

I have no clue : fair comments

[ihavenoclue] 16/3/2018 11:01

Bill... We are moving towards 90% of RHA. Talks ongoing with drilling company for next round of drilling - when these are commenced we are then 10 - 12 months away from Zulu DFS (And, let's be honest, that's what LTH's are in for)Today was a step towards RHA 90% and JV. It needed to happen and who can say removing the shackles of Darwin isn't worth it?I have taken an 18 - 24 month hold view here so I see today as a step towards the final goal :)