Premier African Minerals Share Discussion Threads

[aidenabettin] 07/11/2018 19:55

Worth approx 1M GBP now that is growth and Cobalt prices are about to climb.https://www.ft.com/content/b9f2eb88-e285-11e8-a6e5-792428919cee

[jungmana] 07/11/2018 19:45

No the loan has not been repaid. Looks like prems 4.5% interst in Arc is now gone to George.

[dmitribollokov] 07/11/2018 19:26

Of course it hasn’t, do you think this has all been worked out in the last couple of weeks - in Africa of all places?

[aidenabettin] 07/11/2018 19:06

Sorry if ive missed it but has the loan been repaid?

[aidenabettin] 07/11/2018 18:59

Was the loan from GR not secured against the Arc holding. What if they cant pay the loan?

[jungmana] 07/11/2018 18:46

And what about the other exploration licences in Togo and Benin.And GR calls prem a cash shell?

[jungmana] 07/11/2018 18:39

In today's rns no mention of the 4.5% Arc mineral interest that George used as a collateral for the loan in June. Also no mention of prems remaining interest in TCT limestone deposit in Mozambique. Or are all those gone to him too?

[donald tramp] 07/11/2018 17:34

I wish earlier on when I had the chance I got involved in floating a company on AIM, its just a dream ticket to print yourself very large pay checks.

Its a casino but you are the house and you can never lose if you structure it right.

A never ending supply of new punters looking to be relieved of their money with no redress when it's gone, and on top of that it's virtually unregulated.

[valhalla2017] 07/11/2018 17:12

closed only 36% down. sweet! Napom must be thrilled with today's performance. Last I heard today was the culmination of the private group working with GR over the past four months. I'm sure mal is really happy as well. heck, pretty much all the rampers are thrilled with today's news. who cares about the shareprice. the most important thing is that they are part a special group in which they get to chat with GR outside of official channels. amazing stuff there.

[valhalla2017] 07/11/2018 15:59

and have to update 'you don't want to be out of this over the weekend' to 'you don't want to be out of this in 2019'. HA. the only thing that happened in 2018 is GR pocketed 300k. other than that nothing happened. 25 more days of DD for this agreement, then 6 months of road showing to try and raise 6 million, and then we'll find out that no one wants to touch PREM/NEWCo....

[the bull] 07/11/2018 14:20

www.proactiveinvestors.co.uk/companies/news/208731/premier-african-to-hand-over-operational-control-of-zimbabwe-assets-in-major-restructure-208731.html

[valhalla2017] 07/11/2018 13:35

also, can't wait for GR's 'I don't understand why the market is not responding positively' comment on the proactive investors interview. GR is always confused. well almost always. he's not confused when he checks his bank balance every month and sees the 30k from PREM.

[joecase] 07/11/2018 13:05

Cudmore your trading the wrong way then

[moljen] 07/11/2018 12:59

Mudskipper - the cash shell will still have costs, listing fees, broker fees, admin fees etc. Sure GR will loan the shell the money to cover - suppose its a question of how long before Circum materialises before we find all the shares have gone to cover the aforementioned costs.

[mudskipper73] 07/11/2018 12:56

So what's the potential worth of our Circum share now? Bearing in mind no further dilution of what will be a 'shell'.Just trying to workout potential return on my PREM shares and whether it's a good calculated risk to buy more?

[costax1654x] 07/11/2018 12:54

#RRE Available Cash : £50m yearly profit : £60m Production: 11,000 boepdArran field to take that to : 17,400 boepdNo debt! current market cap : £92.9m Undervalued! Broker target 1460p DYOR(price now 600)

[derek0805] 07/11/2018 12:45

Soz if already mentioned, what happens to the arcm shares we got?

[aidenabettin] 07/11/2018 12:43

Its always about timing and picking your moment to run or come in. Im loading up in the millions.

[oilisgold] 07/11/2018 11:57

Its been another blood bath today here. GR the great leader as John.L would say caught all Pants down and got Nathan to brace them with his strap on.

[dmitribollokov] 07/11/2018 11:54

Just imagine if you'd listened rather than tried to be a smart-ass.

Assuming you meant 'counsellors' rather than 'councillors' too; best not to advertise your own stupidity whilst trying to be sarcastic...

[the bull] 07/11/2018 11:50

So many councillors on this thread now, the milk of human kindness, how lovely

[cudmore] 07/11/2018 11:46

Joecase

No it’s not....it’s called pouring your money down the drain.

[dmitribollokov] 07/11/2018 11:37

Quite depressing to think that there will be a whole load of new wide eyed dreamers getting sucked into this venus fly-trap under another name. I tried my best to warn people here, the next guys are on their own...it's not worth the grief.

[joecase] 07/11/2018 11:21

It's called share trading