Premier African Minerals Share Discussion Threads

[the bull] 05/4/2019 09:31

seems like we have reached a new low price price. Only circum event or this $6M injection can save us now otherwise its looking grim. Perhaps another meeting is needed to get this cash

[valhalla2017] 04/4/2019 15:20

and sells back in the 0.07s. lets see if we can hit the .06's tomorrow? maybe GR can RNS this new letter from the gov't. that should do it :)...

[valhalla2017] 04/4/2019 15:07

Looks like this mornings fun is over :(. And GR confirming that he's getting more letters from the gov't. ha! unfortunately for GR, that 'hint at a letter and then do a placing' trick only works once. And GR wasted it on a measly 400k raise...

[valhalla2017] 03/4/2019 23:56

Another example of GR’s brilliance. The last raise at 0.09 was for due diligence on the HBR transaction. And now HBR is no longer on the table. So GR diliuted shareholders at 0.09 and just wasted the money. A classic GR move.

With every passing day it starts looking like all this 6 mil is just ‘pie in the sky’.

[goodgrief] 03/4/2019 17:51

The current Zim president is known as "the Crocodile". He's no pushover!

[valhalla2017] 03/4/2019 17:43

Just saw napom bringing out that oldie but goodie about Belfast. If I remember correctly he also said that once that ‘short’ was addressed that share price would recover. Ha! Also wasn’t napom on record saying that since circum got a new logo, the liquidity event was locked on for Q1 this year. Double ha!
Like I said, bringing napom on board was GR’s greatest move.

[valhalla2017] 03/4/2019 13:34

Prem is just accumulating debt for the rha work.

I’m thinking the next announcement is the kme deal. What’s interesting is that GR needs to increase the sharecap to get the deal done. So we might have to wait until the agm in Brussels in May/June where GR will just vote in favour of the resolution to increase the sharecap. Just like last year. Then he can raise at .06ish for the kme deal.

Also some insane volume last couple days. The weekend ramp clearly fizzled our. ;(

[the bull] 03/4/2019 12:01

Perhaps the zim government know how fragile the company is and are just stringing the company along, let us go bust and then do a lucrative deal with the Chinese to take over zulu. And we are certainly allowing ourselves to be strung along, all the bravado about taking back control with 90% and then possibly 100% all that time ago. What's worse, am I correct in saying they are actually still conducting work at RHA right now? who the hell is paying for that then when funds are so limited. Its only fomo now that stops me selling up, maybe the zim government are sharper and more business like than they appear

[the bull] 03/4/2019 10:37

Do Pringle have a shop in the capital

[valhalla2017] 03/4/2019 10:29

I wonder if GR is still in London enjoying the spring weather and catching a few shows. Can’t imagine him being too busy with anything else these days. Every once in a while he checks the mail box and that’s that. Not much else to do.

[valhalla2017] 02/4/2019 13:45

The problem is the no one wants to buy our circum shares. No one. GR has already tried to off load them. There were no takers.

And GR can continue doing nothing for a couple more years. By that point the raises will be at 0.02 but again that doesn’t matter to the company. Time and time again they demonstrate that they don’t care about the share price at as long as the raise covers the overheads (I.e salary).

[the bull] 02/4/2019 12:31

market cap 6.43M

why wait for a circum IPO, he should be selling the stake or borrowing against it for the sole purpose of progressing zulu. Mothball RHA as he should have done before and if the government want in then they can stump up the extra to get it back out of mothball state. They don't seem to be capable of making a decisive decision, what the hell does the Chairman do for us

[the bull] 02/4/2019 12:26

letters = toilet paper is more useful, letters, meetings, all bloody pointless

[valhalla2017] 02/4/2019 11:52

Buys coming through at .083 now. Makes no difference to GR. GR spent all of 2018 taking about letters and all shareholders saw were placings. 2019 will be more of the same. And all of this stuff by napom saying that ‘they won’t dilute anymore’ is nonsense. Napom was saying the same thing earlier this year prior to the two raises one of which was at 0.09. Ha.

[valhalla2017] 01/4/2019 17:43

a couple months ago I said that if it hit the 0.06's I'd buy some more. I might have to re-evaluate that. maybe sub 0.05? I'm just waiting for the KME raise. The 0.085 floor was for the HBR/KME deal. now that there is no more HBR, there is also no more 0.085 floor.

So how low will GR place in order to pay for KME? looking at the SP, I'm thinking sub .07 easily. so after a month or two of selling, we might be hitting .05 by the summer.

[doctor 69] 01/4/2019 16:14

Yes , did not expect to be this far down

[moljen] 01/4/2019 15:37

Doc69 - we did try and warn you about chasing this one down, your last 1.7M at full ask isn't looking too bright now. Here's another free hint, don't chase it more, odds are lower (a lot lower) prices will be available. Mind you even then I wouldn't be too sure it'd be a good buy.

[moljen] 01/4/2019 15:33

Well our esteemed BoD are managing to make Romeo and Juliette and Macbeth look like masterpieces of comedy rather than tragedies when compared to what has been achieved here.

[valhalla2017] 01/4/2019 11:42

Man if SVS really wants to unload those placing shares they gotta do better than this weekend’s ramp. I keep saying. We need to go back to the ‘Rio Tinto’takeover rumours!

[donald tramp] 30/3/2019 10:52

The Doc will probably buy a few billion more, he loves this share can't get enough of it. Him and vitec have been badly bruised, its not funny really, GR is a con man, just playing a LTF here that's it.

[valhalla2017] 29/3/2019 10:03

Also, that’s some insane volume this morning. I think folks are loading up ahead of the UKIS. NEWS INCOMING. And I’m kidding. GR is just coming to London to catch a few shows and have dinner with friends. All on the sharesbilders dime though.

[valhalla2017] 29/3/2019 09:58

And Q1 comes to a close. No circum, no 6 million, a little pumping by GR and co, some dilution, and testing all time share price lows. On the whole, a very typical quarter for prem.

Now all GR has to do is repeat this for the next six months, and boom back to rainy season and he can kick his feet up again.

[valhalla2017] 27/3/2019 13:06

Sweet. Maybe we see 0.07’s this afternoon. Makes no difference to GR. what’s a couple more billion shares to issue.

[valhalla2017] 26/3/2019 17:04

Napom is back! A placing must be around the corner then. Actually there is one around the corner. GR just needs napom to make sure no big holder(s) oppose the deal.