Premier African Minerals Share Discussion Threads

[banksy] 27/4/2018 19:10

The only thing I took from that podcast is that we've got no money and the begging bowl is out for help with the various projects we own. Hardly a position of strength we're manoeuvring from!

[blewco] 27/4/2018 17:02

Just listened to podcast, very encouraging.

[ny boy] 27/4/2018 17:01

Smart money coming in here.

Happy holding

Bought into (PTCM) this week...looks interesting, Chairman buying lately, results next week dyor as usual

[ihavenoclue] 27/4/2018 16:15

Just listening to podcast ... IF he can get someone to pay for all the drilling to take us to results of BFS/DFS, rather than the drilling for shares idea he had earlier this year, then I will be happy with that and happy to hold for another 18 - 24 months

[ihavenoclue] 27/4/2018 16:13

cambrad ... all I want to see is "A" deal .... when that happens and it is decent I can forgive GR for the last 2 years

[cambradjones] 27/4/2018 16:11

Me too. About time i saw one of my buys in profit, even if it only for 10 mins.

[ihavenoclue] 27/4/2018 16:08

The Bull
27 Apr '18 - 14:28 - 8565 of 8567

Who is brave enough to buy right now

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

Seems quite a few are ... I am not buying anymore ... bought plenty between 0.16 - 0.17p

[cambradjones] 27/4/2018 16:06

Jeez up 11 %. Think i had better sit down.

[cambradjones] 27/4/2018 16:02

Someones buying this afternoon, may even finish blue !

[the bull] 27/4/2018 14:28

hxxps://www.voxmarkets.co.uk/blogs/premier-african-minerals-prem-connor-campbell-aapl-sbry-iag


2.22 in

So working on term sheets of zulu deal. GR's preference is to do a deal where the partner takes a stake in the subsidiary and picks up all the costs but also makes a payment to PREM.

RHA late because of ministries not knowing which should sign off the 90/10 deal but have essentially agreed to that. Could be any time now and they are chasing all the time.

No fund raise because they have no headroom to do it so has to be with shareholder approval. Lets hope with the zulu deal and RHA deal, there wont even need to be a fund raiser with both deals bringing in some cash.

Who is brave enough to buy right now

[buzzarn] 27/4/2018 13:17

Prem on todays Vox markets podcast

[the bull] 27/4/2018 00:15

Maybe GR needs to get his fellow directors to make a bit more effort

[the bull] 27/4/2018 00:14

sorry, my maths not so good when less than a penny, so 0.4p

[ihavenoclue] 26/4/2018 17:14

The Bull.. 0.04p?????

[ihavenoclue] 26/4/2018 17:12

RHA is still a few months from production even after a deal so we are back on familiar ground hoping GR can get a good deal.TBH I am sceptical there is one and he is hoping Circum can save his ass

[doctor 69] 26/4/2018 16:49

Yes , all we need and it is a big all , is to get PREM cash generative and then its own money can go into PREM . once study done and prem profitable , companies will line up to join in

[doctor 69] 26/4/2018 16:28

The Bull , it matters not what the shares do in short term but there is a series of thigns to happen that will make us rich from here .

First stage we get chunk of Nieff shars back
2. We get several million to get RHA runnign profitably.
3. RHA is able to produce over £500K net profit monthly .

If these three happen then Suddenly life changes , we will see PREM shares rise to 1p.

[dr jekyll] 26/4/2018 13:38

I think anything positive like Yoda has said above will improve the share price It will give some hope based on practical improvements eg receiving some cash and restarting the RHA mine. Even if we only get a date for the latter. The share price has been very steady for weeks at this low price so the only way is up as the song goes. Hopefully :)

[the bull] 26/4/2018 12:48

if we get cash and no dilution its not immediately going to get us back to 0.04p but halfway back initially would calm nerves till the next news

[theoriginalyoda] 26/4/2018 12:28

Direct from the horse.

[danyo11] 26/4/2018 11:45

Hi Yoda - where did you hear this? Thx

[theoriginalyoda] 26/4/2018 11:28

There's going to be an update in the next week or so. It's being prepped right now. The NIEFF news will come first, essentially we'll end up just shy of total ownership of RHA. Then PREM can complete new partner deal on supply and operation at RHA. Strong claim that around 2m will come to PREM for that, plus production earnings.

Anyway, listen out for news very shortly. Finally.....

[markth126] 25/4/2018 05:58

Has this got any legs still, what reason is there to stay in. I'm massively under water but still have 10 mill in this and just wonder thoughts cheers