Premier African Minerals Share Discussion Threads

[bearhug2] 21/3/2018 21:52

GR running this into the ground to take it private? Just asking...

[doctor 69] 21/3/2018 21:18

ihave no clue

yes , £5m for rha stake woudl get ha back on making money and prem woudl end up by end of year gettting £500k a month . no one is going to pay anymore than £5m to 6m .

also at the london meeting George said he was looking for £6m .

[dplewis1] 21/3/2018 20:08

GR doesn't reward people with anything. Reward yourself by selling up and not keeping him in a salaried role any longer.

[ihavenoclue] 21/3/2018 19:42

Doctor 69
21 Mar '18 - 15:03 - 8436 of 8441
0 0 0
That hAs to be an rns tomorow, if we get a buyer of 40% of rha awesome with £5 m cash these will rise 50%

===============================

So the 40% we have 'gained' for $20m you would be happy to sell that for $5m ?

[cambradjones] 21/3/2018 19:17

The BullI thought i had finally caught the bottom last week when i bought at 21.5 then george did one of his usual tricks.Few days later im nearly 20 % down.Dont blame you for being wary.Getting a little fed up of averaging down.George needs to reward his loyal shareholders for all they have been through.

[the bull] 21/3/2018 15:42

Have I missed something, is there a webcast just out or about to come?

[the bull] 21/3/2018 15:08

www.youtube.com/watch?v=je8KTBYgTSY

not sure if i saw the 121 meeting posted 3 weeks ago

[dmitribollokov] 21/3/2018 15:04

Still think this bounces next few days...

[doctor 69] 21/3/2018 15:03

That hAs to be an rns tomorow, if we get a buyer of 40% of rha awesome with £5 m cash these will rise 50%

[the bull] 21/3/2018 14:55

is it worth buying another 5M or is george going to stuff this up with another cheap placing so soon after the other

[banksy] 21/3/2018 11:31

Slip sliding to .16Thanks George!

[dmitribollokov] 21/3/2018 08:59

D’oh

[pwhite73] 21/3/2018 08:02

Northern Rock

Bradford and Bingley

Royal Bank of Scotland

New World Oil

Hibu


Type in shareholder action group in google and hundreds come up. Forming share holder action groups is not illegal. What is illegal is the coming together of individual shareholders to work in concert to undermine the company.

If you form a Premier Africa Shareholders Action Group and register it then you are fine. You can act in concert as one official bloc but not as individuals.

Even the collecting and counting of shares outside of a formal action group is illegal. So if you intend to look out for one another's interest here don't waste time form an official action group. These things take time to set up and verify investors and their share holdings.

[the bull] 20/3/2018 23:10

wish i timed my purchase like that dmitri would have had over double for the same investment. Mind you, after the recent shambles, may not have invested

[dmitribollokov] 20/3/2018 22:31

I’m long 10m as of yesterday...

Gr is still a shambles, but seems worth it for a trade here

[the bull] 20/3/2018 21:56

happy to add my 20M to your list ihnc, nothing wrong in tallying up supportive shareholders holdings, you never know when we may need to come together, even to support the BOD in any hostile takeover. It doesn't mean that a common consensus can be formed though on other matters?

[quazie12] 20/3/2018 13:12

Agree there is a problem when it comes to exercising control to frustrate or orchestrate a bid but acting together getting the management focused that is different

[quazie12] 20/3/2018 13:10

You need to read Takeover Panel practice note 26 on this issue

[pwhite73] 20/3/2018 13:09

quazie12 Shareholder action groups are all over the bloody place most totally ineffective. What you cannot do is pool shares to undermine the company either with threats or to act in concert at a GM.Speak later.

[quazie12] 20/3/2018 12:57

Pwhite73You claim shareholders forming an action group is acting as a concert party and is illegal. You are talking a heap of total nonsense and I would suggest to say you know it as well. I am calling you out on this....trying to spread misinformation on here......and deliberately.

[andrewsr] 20/3/2018 12:52

Assuming you're not a moron, perhaps you can give us an example of a company providing a PFS confirming commerciality of a project and then for the project to be taken away from them for no reason and given to a major with no compensation.

[pwhite73] 20/3/2018 12:46

Your post only reiterates what I have said.

Prem can be likened to a squatter that has got into Manor Hall via a broken window. You cannot physically remove the squatter without a court order. Whilst Manor Hall is in disrepair the squatter is allowed to remain. Because the squatter has made Manor Hall his home, he acts as a lookout. He protects the property from fire and theft.

There is no reason to remove the squatter until planning permission is granted and a contract awarded to builders to restore Manor Hall to its full glory.

Prem will retain ownership of its assets until a global major approaches the Zimbabwean government or the Zimbabwean government revoke their licence for non -committal of work. That's how the system works.