Premier African Minerals Share Discussion Threads

[derek0805] 10/5/2019 17:07

Lol brilliant

[valhalla2017] 10/5/2019 16:20

I'd say GR is confused about how the share price is performing after the amazing news of being reappointed to a loss making mine but he's got bigger things to think about.

Dinners plans at Annabel's - check! tickets for a show - check! drop in to SVS see about a potential raise - check!

[the bull] 10/5/2019 13:30

I think the $6M will come but quite when is the big question

[frost1] 10/5/2019 13:16

George is a constant liar. And so are you val.

[valhalla2017] 10/5/2019 10:31

Frost - wow. GR tells the market he’s raising funds to drill, 3 months later we find out there’s no drilling and you are calling me a liar.

The AIM markets loves investors like you frost. Always ready to lap the next jam tomorrow rns.

[moljen] 10/5/2019 09:44

Frost for someone who claimed to have 10M of these at 0.6 and that Prem was to be a share of 2017 I find it strange that your entire focus on your last few posts has been about Val rather than share price and the reasons behind it.
This is even more so when it is our CEO has been caught red handed playing loose with the truth, not Val, and therein lies the issue as to why the share price is where it is. If your BoD mislead and don't deliver the market is an unforgiving place and for someone who claims to have 10M at 0.6 I'd have thought that should be your primary concern.
All the best whatever your views however suggest you read posts 11542 and 11544 as to how working this all out doesn't require inside information just some basic common sense and research and removing the rose tinted sunglasses.

[frost1] 10/5/2019 09:28

Val you have regularly insinuated that you had inside information. Are you now admitting that you were lying.

[moljen] 10/5/2019 08:33

Ted, nothing to do with feeling a need. Rather you put some effort into your posting and asked how I worked out the drill lie without inside information so have explained it. Generally if asked a question by somebody who I think holds I will answer to the best of my ability.

[tedoby2] 10/5/2019 06:11

Val and Moljen please don't feel you have to explain or justify anything to me. You don't. I think I understand the episode and situation pretty well.

Your comments which I'll take as being well meant are noted and thanks anyway.

[valhalla2017] 09/5/2019 22:47

Ted - I wish I had inside info! Then I could at least trade this and start making my losses back.

The one thing I’ll say is that based on a few conversations I had with people I realised that the whole KME / HBR deal was ‘complicated’. The Feb raise at .14 smelled fishy and when the kme deal was no longer on the table and there was no announcements re mobilisation, my hunch was that it wasn’t happening. Proved correct.

If the 6 mil doesn’t appear in the next few days I think we might be in for a rude awakening on a couple other things as well. This is seriously going sideways and quick.

And circum is not even remotely close to a liquidity event. Only reason GR mentioned it today is cause he’s worried the share price will continue to drop and he needs to raise soon to pay the bills.

[bushranger] 09/5/2019 22:43

To be honest, posters talking about PREM as if it is a company that has any investable value are either self deluded or an outright liar. This company is headed for delisting or administration. Its only possible rescue is a raise involving billions more shares with a share consolidation as shares are yet again almost worth less than one tenth of 1p. RHA loss making. Repeated dillution now to keep lights on. Repeated 'deals' that never come to fruition but shareholdres stump up cash. Suspended twice due to accounts. Vox changed rules due to CEO ( GRs) blatent doublespeak. Only thing that will keep it afloat if foolish PIs keep throwing good money after bad.

[moljen] 09/5/2019 20:56

Definitely no inside information, just using common sense when it comes to properly reading Prem's RNS's and subsequent behaviour, watching the weather forecast, reading up on similar mobilisation exercises, going back and seeing when Prem's previous Zulus drills began and took how long, the dire need for good news and it all came up to a rabbit being off. We were played for the 27th Feb 444M raise because the cash situation was so bad and will soon again be in my researched opinion. Honestly Darwin called twice correctly, the monster AGM raise correct, Riverfort correct, drill not actually turning correct. GR may (to be proved) have a great nose for minerals but it should be quite patent to all realising them is not his forte and the chances have run out.

[tedoby2] 09/5/2019 20:43

Moljen It was good to chat with you too. One thing we can agree on us that GR should have informed Prems shareholders that Zulu wasn't being progressed as planned as soon as it was decided. There may have been a justifiable reason for doing so but that could have been given.

I'm not altogether clear why you think I don't have a balanced view when I post. The liabilities in all cases become costs when paid and I always make an adjustment for them. So I don't understand that one.

If I'm seeing it right I would say Val or both of you have inside information. Otherwise how could you have known about the mobilization issue. I don't see how anyone could have expected an update by now. With the best will in the world the drilling could only have just started because of the rainy season.

Anyway it's out in the open now and I'm a little wiser for it which is no bad thing.

[moljen] 09/5/2019 19:57

AB - lots of previous examples on AIM and form for it with assets here but not too sure that's on the near horizon. People are greedy and price has been lower so when these things happen they get dressed up as an only option and its at a premium. IMO perhaps more a concern as time passes and no cash news the share price decreases back to those levels, then it becomes a much higher risk.

[moljen] 09/5/2019 19:37

Ted - do I not get mentioned in today's chatting dispatches. Luckily I'm not Smile and won't go crying to Admin for bullying :-)
Presume you've seen poddy now and have thoughts on the 26th and 27th RNS's and behaviour since, would hope doesn't look good is one of the things you agree in, incompetence or worse I have no idea but to me both are stuck between and rock and a hard place and relying on either GR or the Zim Govt doesn't inspire confidence no matter how good teh assets may be.

[aidenabettin] 09/5/2019 19:33

Prem are going private imo

[tedoby2] 09/5/2019 19:26

Val thanks for chatting today. Its been enlightening in many ways.

Needless to say a don't agree with many of the things you say but some I certainly do.

I needed to clarify a few things which I've managed to do so that's no bad thing.

[the bull] 09/5/2019 14:45

Another if - if they just extracted the money looted by Magabe over the years and put it into a fund for co-funding projects like this on a JV basis, great things could come of it. Come to think of it, couldn't the present incumbent help on that score with savings he has over and above his political earnings

[the bull] 09/5/2019 14:42

I did say if, if I could have altered the point size, it would have been a BIG IF

[moljen] 09/5/2019 14:40

TB, come back next year with a question like that as at this moment in time its completely irrelevant as there is no $6M in the bank and with the Zim Govt is unlikely to be anytime soon