Premier African Minerals Share Discussion Threads

[jungmana] 04/10/2019 09:58

George bring us good news. Your long suffering shareholders :George Roach, CEO, commented: "I expect this will be the last direct placement Premier will need in advance of expectations for the exclusive prospecting order application at Zulu Lithium and Tantalum project, and the ongoing electrification at the RHA Tungsten Mine in Zimbabwe.

[knicol46] 04/10/2019 09:32

hxxps://www.chronicle.co.zw/all-mining-operations-to-be-resuscitated-minister/

[billthebank] 04/10/2019 09:19

I understand that Not guilty but it is only now that we have the EPO When I say now you know what I mean. TBH at present our Circum shares are worth 250% more than our present c/v alone and liquidity event expected by the year end!!

[billthebank] 04/10/2019 09:16

That was random re 11.Why 11?

[not guilty] 04/10/2019 09:08

I'm not a shareholder, nor a troll. I am realistic though. This talk of JV's waiting in the wings etc is unfettered bull and I think you know it. I remember the Don Haines visit and the numerous interested parties back in 2017 after which an undisclosed party offered $1mil for it, I remember the KDNC (!!!) deal 16 months ago and them walking away after doing their due diligence. Is it relevant? I'd say so as they haven't done anything with the project since November 2017 so there's no new data to imply any other upside apart from hopes and dreams. I can't see a JV partner with deep enough pockets buying into those. GL

[amrishbhim] 04/10/2019 08:25

Let's see what happens at 11am!!!!!!!!

[jungmana] 04/10/2019 08:07

The EPO is for an area about 50 times the current Zulu area. Should see a significant impact on value of prem imo once confirmed .

[jungmana] 04/10/2019 08:05

RNS from 2018.
'The Zulu Lithium and Tantalum Project ("Zulu") is an advanced stage lithium development project. The project covers c. 3.5km² and is located 80km north east of Bulawayo. In June 2017, Premier announced a Maiden Mineral Inferred Resource Estimate on Zulu of 20.1 million tonnes grading 1.06% Li2O. In November 2017, the Company announced a Scoping Study demonstrating a robust project with a viable process route. Premier has lodged an application for an Exclusive Prospecting Order for a 20,200-hectare exploration licence adjacent to the current licences which, once granted, could significantly enhance the project.'

[doctor 69] 04/10/2019 07:39

So does bigger Zulu with epo mean high chance of jv ?

[guyswonga74] 03/10/2019 23:51

Two words. Joint venture .......

[gerrym two] 03/10/2019 23:10

Are you a shareholder or just a negative troll !'

[guyswonga74] 03/10/2019 16:44

Good day of consolatidation strong finish almost full ask at the end

[cpap man] 03/10/2019 15:40

KAV



SP Angel . Morning View .


Kavango Resources (KAV LN) 2.0p, Mkt Cap £3.1m – Kavango selects new targets for 1,000m drill campaign

Kavango Resources has signed a contract mobilising a number of drill rigs to test targets in Botswana.

The drill program is for three vertical holes covering 1,000m on the Kalahari Suture Zone ‘KSZ’

The team plan to intersect conductor targets at depths of between 200m and 400m.

To save time and cost, the holes will be pre-collared to approximately 150m with reverse circulation drilling followed by diamond core drilling for better information on the geology below this point.

Management are hoping to find mineralisation in a 10km x 6km magnetic anomaly, which is interpreted as a potential magma chamber.

The other two targets relate to significant linear magnetic and conductive structures.
Water will be trucked in from a local town.

Conclusion: Botswana hides many interesting mineral discoveries under a significant depth of Kalahari desert sand.

Kavango hopes the use of modern remote sensing techniques will help it pinpoint mineralisation in anomalies of significant scale under the sand.

While drilling these targets feels a bit like wildcatting in the oil industry investors can rest assured that target generation is supported by a thorough analysis of the latest data.

[guyswonga74] 03/10/2019 15:40

Could be the last of the placing cleared. Still expecting an after hours late print trade. Onwards now with the announcement

[doctor 69] 03/10/2019 15:38

Big 196 million trade ,We are slowing clearing this overhang

[valhalla2017] 03/10/2019 14:44

sounding more like the delay to the epo rns is that GR is busy preparing the merger with MNH. GR won't have another increase in this kind of volume until next year (the rains start in less than a month) so to push the merger through he needs to do it on the back of the epo news. the dilution will be bad but the question is 'how bad is bad'.

[guyswonga74] 03/10/2019 13:27

Nice to have a tick up. Overhang cleared??

[jungmana] 03/10/2019 13:24

Yes we all.know the CEO is of the low kind but the assets are worth a lot more than today's market cap.Zulu is in the top 6 largest hard rock lithium deposits in the world. May be there could finally be some light at the dark long tunnel

[bushranger] 03/10/2019 13:09

The reason why employees were payed in shares is because the company was broke, not because they wanted shares. The current RNS is the same as all other PREM RNSs for the last two years. Apart from hinting that a deal is in the offing, it actutally informs that nothing had been agreed. The current spike is simply based on speculative RAMPING. I sold my PREM at 0.56p for a loss and have watched this farce of a company decend to well below one tenth of one pence. Now Billions of shares in issue. Share consolidation with further massive dillution would be my guess as the most 'benificial' outcome. Delisting is still well on the cards.

[stealive] 03/10/2019 13:08

Keep an eye on SVE any buying this will rocket

[cudmore] 03/10/2019 12:51

Dave4545

I hope you’ve bought this morning!

[letmepass] 03/10/2019 12:39

You might be right cudmore. The buys are relentless. Seller cleared and off we go.

[driver101] 03/10/2019 12:38

cud
I might get rewarded but only after it passes .26 my average, a long way to go yet.