Premier African Minerals Share Discussion Threads

[valhalla2017] 08/1/2020 12:49

oil - did you just see the post on lse indicating that the gov't might not give prem the funds to develop rha. if the shareholder group is posting that it means GR must have let on that he is having difficulty securing the funding. that means more placings in the very very near future. this will be sub 0.03 shortly.

[valhalla2017] 08/1/2020 12:12

.0814 to buy!. next stop egm! prem is broke and GR needs spending money. get ready for waffle about MNH value and significant reductions in opex at RHA. and then in June, GR will again announce that sadly the grades are not there and a decline shaft needs to be built.

[oilisgold] 08/1/2020 09:17

well this is GR you are talking about. Lets hope for good news. otherwise I can see 0.006p soon

[1hopper] 08/1/2020 09:02

Doesn't there need to be an EGM to raise further?Didn't GR say he had very little head room for a raise just prior to the last raise?

[oilisgold] 08/1/2020 06:56

Investors already been fleeced and POUNDING Pants down . 2020 is suppose to be the year but I feel another pounding Pants down.

[oilisgold] 08/1/2020 06:54

So GR is in Zimbabwe today and then flying off to London on Friday, maybe planning to fleece investors even more. Something isnt right here, surely there cant be another placing ?

[oilisgold] 07/1/2020 18:11

With this share, there is news normally expected every day. GR will only release news closer to a placing. Its how he works. The positive about PREM.is , the share price is soo low, so it can do 50% rise easily in few hours. Even a 100% increase now will only take us to 0.16p. Those that bout close to 0.2p recently, are probably thinking " we got spiked". share price was doing nicely untill we got the open offer. Well done GR.

[valhalla2017] 07/1/2020 17:26

the good news is that we are guaranteed at least one piece of news this month. the regent loan is due at the end of the month so GR will have to either convert it into shares or once again ask for a deferral and let the market now. so the 'in the know' group is technically pretty correct, there will be news in January.

[oilisgold] 07/1/2020 16:07

The guy has absolutely fleeced us over the years.

[valhalla2017] 07/1/2020 13:20

nah, the true fleecing will come with the EGM in February. Hopefully this time around GR increases the sharecap by 20 or 30 billion, so he does't run out of head room like he did this year. That was poor planning on GR's part.

[oilisgold] 07/1/2020 11:52

Its a FLEECING OF LAMBS .

[valhalla2017] 07/1/2020 11:34

.087 to buy! wonderful stuff from GR.

[easwarareddy] 07/1/2020 09:00

PPC get in quick though... all buys since morning. Its had 5 to 10 percent daily rises past few days and today imo getting ready for take off. Short term target 6p. Get in before herd arrive.

[oilisgold] 06/1/2020 16:10

Very unusual to say the least. Hopefully GR can unlease the beast and catch many PANTS DOWN . Still awaiting EPO sign off and we need it soon. Otherwise i can see another placing coming in FEB.

[dssloan] 06/1/2020 15:22

Oilisgold 13666

Please check his Twitter feed and the relevant post on LSE - Jan 5 2020.

I asked him via Twitter to confirm his post on the LSE board and he has done so.

[oilisgold] 06/1/2020 13:15

You seriously can't make this up. I have seen it all now.

[oilisgold] 06/1/2020 13:14

Do some of you really think , the chap will waste his time posting on a bb. This is taking Ramping to a new level.

[valhalla2017] 06/1/2020 11:20

now prem is a gold miner? with all these assets I can't believe the MC is not closer to 1 billion USD.

[valhalla2017] 06/1/2020 08:52

What happened to GRs circum shareholder group announcement? I’m sure he’s too busy with his upcoming trip to Paris.

[dssloan] 06/1/2020 08:10

Mr Goozee has posted on LSE the rationale for his investment and for his desire to continue to add. (LSE Jan 5, Sunday, 13.20, using the moniker Jamgoo.)

For clarification, I messaged him on Twitter to ask him to confirm via his official Twitter account that Jamgoo and Mr Goozee were one and the same person and he has done so. Please check Twitter account @JamesGoozee, also Jan 5).

I have posted below what he posted on LSE.

"There has been a few posts about my holding here.
I have been building into this for some considerable time however my average price remains quite close to current levels.

There was an opportunity for me to sell some for a very good profit on the recent move to nearly 0.2 but I’m still trying to add to my holding with a target of up to 10%. I see numerous major news releases possible even probable in the coming weeks.
EPO with huge area and numerous additional licenses. Gold ( price rising) is an obvious one where Zim is rich particularly in the areas covered by a EPO.
I like the lithium story and think this dip in prices is a calm before several storms where the price explodes higher.

RHA I think prem will secure more funding from Zim and make further enhancements to the mine coupled with massive opex savings via MNH expertise, experience and equipment. This could be back in profitable production very soon. APT prices could well recover as certain analysis predicts. If RHA is not to be profitable why would Zim fund the recent electrification? Zulu Lithium I expect to be huge and we are waiting for the EPO and additional area before taking the next steps. Possibly jv partner(s) waiting on this.

Katete REE in my opinion will be explored further once EPO situation or RHA funding and production begins. The prices of some REE have rocketed and Katete could be a very exciting opportunity for prem again with MNH assistance. Mnh manganese is also exciting even though prem currently only own 10%.

Then imho all the risk is suitably underwritten at current share price by our Circum shares which I believe are worth 2x current market cap. A 200% dividend is possible although a 50/50 split between dividend and funds for Zulu DFS and or further exploration at Katete may be preferred option.
There have been many frustrations along the way but there is huge value here waiting to be unlocked

All in my humble opinion.
Long term holder building a significant position here.
I’m not trading this at all although I would if we got a significant rise in price from here I honestly believe 1 p is possible in the short term and several pence a share in the medium to long term. I’m happy to share my thoughts and reasons for my investment
Gla genuine investors

[valhalla2017] 05/1/2020 18:57

GR could easily drag this ‘epo is close’ well into 2021 all the while cashing them checks.