Premier African Minerals Share Discussion Threads

[dmitribollokov] 15/10/2019 09:19

A whole fresh new batch of baby seals for GR to club i see...

[jammydodger1] 15/10/2019 09:19

People are following the next big thingIt's over for prem now

[datait] 15/10/2019 09:17

EUZ all mm's are moving up have to say that one is looking very good.

[shirley83] 15/10/2019 09:16

Totally agree. The EPO when it comes will push this to 50 million mcap

[datait] 15/10/2019 09:15

EUZ looking good

[vitec] 15/10/2019 09:14

Lots of "if this happens". To get one of those I would be pleased but lets face it being a PREM shareholder has been incredibly tough and George has failed so many times to deliver. At 1.25p PREM would have a market cap of approximately 125 million pounds. Really. All of the stars would have to aligned for this to happen short term.

I am probably one of PREM's longest serving and largest private shareholders and would benefit hugely from a 1.25p share price but if we are to get there it will be over a much longer time frame.

[doctor 69] 15/10/2019 09:11

Jacjjack , no wrong board , go away , nonsense

[jackjackpaul] 15/10/2019 09:09

PREM money moving to EUZ now just as we thought.. EUZ volume already passed 500m in 1 hour trading

EUZ funded and newsflow imminent and next to do a PREM type rise

[shirley83] 15/10/2019 09:08

L2 just moved alot closer. Feel sorry for the Robbery there

[datait] 15/10/2019 09:06

Good luck shirley think you will need it.

[shirley83] 15/10/2019 09:05

Clueless is right

[tedoby2] 15/10/2019 09:05

The events likely to have an impact on Prems share price in the next two to three months include but not exclusively:-

1) The deal with MNH. It's highly likely to happen now and it will undoubtedly be good for both parties. MNH’s mine is now producing positive cash flow and by Christmas MMH have told its shareholders it will be producing 200kt’s of concentrate at 35% grade Mn, The maths in this opportunity has it contributing to Prems share price by about 0.15p at that time.

2) The electrification and restart if RHA together with removing it's impairment. An event that almost certain to happen. The maths has this contribution again at least 0.15p to Prems share price

3) Circums Corporate Action in an IPO situation or more likely an outright sale. We're told this is in she duke to happen this year.The maths has this contribution to about 0.10p to Prems share price

4) Management restructuring. Difficult to say but it has to be worth 0.10p on Prems SP

5)Then there's a potential j.v.deal on Zulu and lifting the impairment too. With the right deal that could easily add bring a contribution of 0.30 to 0.40p to Prems share price on its announcement. The Government would have needed to know Prems plans to match their criteria.

In to begin with Prems share price were to be 0.20p say and we add all the constituent parts we get to a share price 1.25p within a few months.

AIMHO

[datait] 15/10/2019 09:05

market makers are dropping like flies now

[datait] 15/10/2019 09:04

Short is on many will get spiked here good luck I think your going to need it just look at the book

[shirley83] 15/10/2019 09:00

Looks like yesterday. Drop the price and then whoosh.. Mid 20s

[billthebank] 15/10/2019 08:52

Vitec I aGree 're 1p this week but I still think PREM is way undervalued.

I know!I know the same old ZULU story BUT this time we are in a huuuugggely different place so still think the c/v here could rise pretty quickly to £30M plus but only time will tell. Perhaps a bit of VAST would be prudent though!!!

[shirley83] 15/10/2019 08:52

LMFAO.. Icon

[datait] 15/10/2019 08:49

lol good luck shirley, I jumped off yesterday before the crash not risen that much since then so no worries it will be short and sweet.

[vitec] 15/10/2019 08:47

Well done Jung. You deserve it along with all of the long suffering shareholders. I watch the share price is disbelief. Always believed in the assets but management has been so poor that it virtually destroyed PREM. I still sit with my core holding but have now sold all of the trading shares that I had.

All of this talk of 1p makes me laugh. Don't get me wrong I would love it but the last time it hit 1p there was signifcantly less shares in issue. It is possible but not probable. We stand at less than 1/5 of a penny. It would be some ride to get there.

Doc, I had a 30 bagger. Scoot.com. Want from 2.5p to 70p in the good old days of 1999/2000.

[daar] 15/10/2019 08:46

Buys coming in

[shirley83] 15/10/2019 08:46

Haha clueless datait. LMFAO

[datait] 15/10/2019 08:43

Market makers have no choice but to take this down to match the books huge difference. sells to buys

[datait] 15/10/2019 08:42

I sold yesterday ya fanny

[jungmana] 15/10/2019 08:40

Give a rest you window cleaner. Just bitter you missed out on 300%+ in 2 weeks