Premier African Minerals Share Discussion Threads

[thehitman1] 19/2/2020 10:23

Is this the boom

[7rademark] 19/2/2020 10:21

Here it goes.

[valhalla2017] 19/2/2020 09:48

more meetings! yes! all that ramping last night and this morning to sell 20 mil shares. meh. anyway, if there is no epo on Friday, it has to be next Firday! :)

[iamgreat1] 18/2/2020 16:59

The old dog is trying to be revived

[vitec] 18/2/2020 16:35

The only reason I have stuck around is because it is in GR's financial interest to pull this off. He is the biggest shareholder and this would be part of his legacy.

[fart_conductor] 18/2/2020 15:53

He's been drilling for years,

pi's pockets, never had a duster

[valhalla2017] 18/2/2020 15:49

GR's looking at TYM and thinking 'ah, that's what junior exploration companies do, drill. totally forgot that'

[daar] 18/2/2020 12:31

Vitec, ignore the haters mate

[ny boy] 18/2/2020 12:25

Steady as she goes here, stay patient, happy to hold. GLA

[daar] 18/2/2020 12:22

Boom boom boom

[vitec] 18/2/2020 12:15

He is not ramping but clearly articulating the process. If he is ramping then you deramp on a daily basis almost as if you need a fix.

We all know the perils of investing/dealing in PREM shares and no one needs to tell me about Roach.

[hotmark] 18/2/2020 12:07

...and now without a date....

If you are interested, Zimbabwe Government Gazette No.12 is published pm Fri 21 Feb 20 :)-

[valhalla2017] 18/2/2020 10:25

nothing against ted, but that didn't take long :). the epo ramp is back! and now without a date...

[tedoby2] 18/2/2020 09:46

The Government's Gazette is used to announce acts or statutory instruments by the president and cabinet. The Gazette itself is the official Government newspaper of record for all legal and regulatory announcements.

Any communication or announcements sent to the Government's Gazette have to have been signed off by the OPC (Office of the president & Cabinet). Communication from the OPC is tightly controlled and mining is a sensitive area because of the politics involved, anti-corruption push and international relations with other countries.

There is light at the end of the tunnel on the current batch of EPO Applications and the result of Prems EPO Application could be RNS'd any time now . The Government's Gazette runs with a backlog on announcements but I'm in no doubt the MoM (Minister of Mines) will know exactly when the results will be published.

The EPO Applications are dealt with in a regulatory process having 7 key stages. I believe Prem is one of forty or more Applications being dealt with all of which are now at key stage 7 - the last one.

Attached is a "copy and paste" of key stages 6 & 7 of the process. Stage 7 calls for the results of the Applications to be SENT for Gazettal. Emphasis on "sent".

Inter alia it specifically does not call for the results to be PUBLISHED in the Gazette before the Applicants are formally sent the results (Approved Order).

Indeed the MoM would want all Applicants to be informed simultaneously by his Ministry and the results then published in the Gazettes to notify its wider audience simply as confirmation:-


6. Application recommendation and Approval Assigns EPO No. eg 4886….

General Notice sent to the Minister and then to President for APPROVAL or REJECTION.

7. EPO Gazettal Approved General Notice sent for Gazettal.

Approved Order sent to Applicant.



AIMHO and as I say Prems Approved Order could be RNS'd any time now.

[valhalla2017] 18/2/2020 08:32

can’t wait for the epo Friday ramp to start today / tomorrow. Might not work as well as last week...

[rapidlyprogressing] 18/2/2020 08:27

Doesn't need one really. The share price is looking after itself. Will be sub 0.1 by the end of the week

[valhalla2017] 18/2/2020 08:24

Nah. It will be a couple k only. Mostly just to cover GRs lunches. The massive dilution will be for the MNH merger. That will be epic.

[rapidlyprogressing] 18/2/2020 08:21

Hope it's a massive one at at least a 30% discount.

[valhalla2017] 18/2/2020 08:19

Well yeah. I think everyone knows that. Prem is broke. And to GR’s credit he never mentioned a JV waiting. That was just made up. There are JV discussions but that’s a big difference. Just like the processing of the tailings. If it starts in April we’ll be lucky.

[rapidlyprogressing] 18/2/2020 08:09

Dilution is definitely coming as I keep telling everyone

[valhalla2017] 18/2/2020 08:07

Talked to the company. Nothing is happening for a while. Everything out of the company’s hands. Which is code for ‘I’m going to wait and do another small raise in a week or so to cover overhead costs’.