Premier African Minerals Share Discussion Threads

[jack239] 19/9/2019 19:08

Check out #PREM RNS on 30th Aug 2019. If you own 5mil shares which you could buy for £1.5k today, a circum divi payout of 0.1p for example would give you £5k in return + your holding. Even a divi payout of 0.05p, you are more than doubling your initial investment.

[cpap man] 19/9/2019 19:07

KAV



Kavango’s three projects in Botswana offer an excellent diverse potentialfor the discovery of nickel-copper-PGE, copper-silver and rare earth deposits. Listed on the Main Board of the London Stock Exchange (Standard List) - (KAV.L)

The Kalahari Suture Zone (KSZ) Project, a 450km long N-S magnetic structure of continental proportions, is a large scale nickel, copper, cobalt and PGE group
exploration project in the southwest of the country. It is similar in its geological
setting to the giant Norilsk deposits in Siberia. Kavango recently completed two phases of airborne electromagnetic surveys covering over 4,000 line-kms in the northern part of the KSZ. Numerous conductor anomalies were identified and located on the ground; drilling of the most prospective targets is planned for late Q3 / early Q4 2019

The Ditau Camp Project (Ditau) is a 7km long magnetic body with corresponding geochemical and gravity anomalies approx. 50km west of the KSZ structure. It is one of 10 significant ring structures in the two Ditau licences. Two recent drill holes and the discovery by Falconbridge of a carbonatite in the area indicate a large area of alkali intrusive bodies. Carbonatites are generally associated with rare earth minerals. Whilst the Company continues to add value to the project with some low cost (within the current budget) geophysical surveys at Ditau, the medium term plan is to attract a joint venture partner.

The Kalahari Copper Belt (KCB) extends in a northeast-southwest direction for at least 1,000 km from western Namibia to north-eastern Botswana. The KCB contains known sediment-hosted copper-silver deposits two of which are currently being developed into mid-tier copper-silver mines. Kavango will carry out geophysics surveys and soil sampling to identify copper hosting anticline structures. The KCB Project is the subject of a recently signed MOU with a private Botswana company, who hold two strategic but unexplored PLs in the KCB area, whereby Kavango can earn an interest in the two licences by spending funds on exploration.

Conclusion

Kavango’s three projects in Botswana, the Kalahari Suture Zone, the Ditau Camp Project and the Kalahari Copper Belt, offer an excellent diverse potential for the discovery of nickel-copper-PGE, copper-silver and rare earth deposits.

Botswana is recognised as the best jurisdiction in Africa for business and with the Company’s very experienced management team the chances of success are high.

[jack239] 19/9/2019 19:00

A 20mil holding in PREM would give you £20k in return if circum divi is distributed to shareholders at 0.1p + your holding.

[jack239] 19/9/2019 18:46

If you own 10mil shares, a circum divi payout of 0.1p for example would give you £10k in return + your holding. Whats not to like?

[valhalla2017] 19/9/2019 16:50

Will we hit all time lows tomorrow? you betcha! but have to say I'm a little surprised by the constant drop in the share price. I thought the shareholder group was vacuuming these up. Maybe they got wind of GR's next move and decided against buying at the moment...

[jack239] 19/9/2019 15:07

#PREM RNS on 30th Aug 2019 about the Circum investment is good news to all prem holders. Potential divi between 0.05p to 0.1p to be distributed to prem holders if circum shares are sold between $2 to $3.

[valhalla2017] 19/9/2019 11:17

also, just checked and it's .029 to buy in bulk. must be all those shorts closing :)

[valhalla2017] 17/9/2019 18:51

Just got off the phone with the company. Get ready for an exciting update.
1. GR is now checking the mail box twice a day for correspondence from the Zim Ministry.
2. One of GRs cousins will be staying in the spare bedroom (where prem has its office) so that decreases the prem admin costs in half.
3. Following today’s sxx news about the poor state of bond markets, GR is planning to impair Circum.

In summary a mixed bag. We should seen an rns explaining the admin savings this week. Can’t confirm but I think the cousin is brining his tv and fax machine.

[valhalla2017] 17/9/2019 09:36

Not sure what Chris Fraser was thinking when he admitted that that the bond market is practically non existent for early stage potash plays. He should have just followed Circum’s lead and hired a graphic designer to get a new logo. ;).

[valhalla2017] 16/9/2019 14:02

And I'm sure GR is there today thinking 'well if David Archer can raise 5 mil, and Zulu is 57 times larger than Mina do Barroso, surely prem can raise 285 million'.

[valhalla2017] 16/9/2019 13:38

nice to see volume returning to prem. 5 trades is better than 2. :)

[valhalla2017] 12/9/2019 17:08

2 trades totaling 900 quid. both sells. and if anyone thinks there will be progress on the EPO anytime soon they need to check the recent news in Zim and then go back to how the EPOs are awarded. there's a clue there. based on that we might not hear about the EPO until 2020. in a way this is a blessing for GR because he can continue pretending to shareholders that there is an interested JV partner. but when the EPO is granted he'll have to admit that there isn't one. so the share price might even drop on the news.

[valhalla2017] 12/9/2019 11:26

false alarm. can buy again in bulk at .0297.

[valhalla2017] 12/9/2019 10:29

just checked and even a 10 quid buy is going into NT. news incoming!!! (shhh. but I think it might be Rio Tinto buying a stake into Zulu). boom.

[valhalla2017] 11/9/2019 14:03

just checked and you can buy in bulk at 0.0298. sweet!

[valhalla2017] 10/9/2019 10:18

$2 per circum share?! last I heard we paid an average of $1.50 per share. so after all the debt is cleared (as per RNS) the Circum shares will be worth less than we paid for them :).

As GR said "why waste money trying to prove up Zulu to DFS when I can just help a buddy out and buy out the distressed funds at a premium to the detriment of prem shareholders'. I'm paraphrasing a little but that's the general gist.

[valhalla2017] 09/9/2019 09:30

Back to sub 0.03! And wet season right around the corner. I told GR to invest in that rain jacket company. Now what are we going to do?!

[valhalla2017] 06/9/2019 17:31

doc - looks like it wasn't a buy but 65mil in sells. The MMs just did that tick up to try and sucker in some buyers (as Moljen pointed out earlier). doesn't look like many took the bait.

[moljen] 06/9/2019 12:55

Nope, just an opinion which invariably turns out to be correct when it comes to Prem. Think we've both been here and commenting for a few years, lost track of the number of times you've expressed unbridled enthusiasm and several of us here have suggested tempering it due to the facts on the ground. Hardly surprising then that my own and others opinions have proved to be more accurate.

[doctor 69] 06/9/2019 12:46

Molten ,From the tone in your comment , I suspect you have some agenda

[doctor 69] 06/9/2019 09:41

Interesting tick up , will most likely see the buy go through later