Premier African Minerals Share Discussion Threads

[grahampremier] 13/5/2020 21:01

Today, the Republic of Zimbabwe, Represented by the Honorable Minister of Mines & Mining Development, Honourable W Chitando [MP] and Zimbabwe is Open for Business Forum (Pvt) Ltd, Represented by Nyaradzo Tongogara signed a MoU towards increased investment for the mining sector.

[valhalla2017] 13/5/2020 15:15

Finally. Took the Wednesday gazette ramp a little to get going. The only problem is that it takes two weeks to print a gazette and nothing has been sent to the printers yet. So earliest is in two weeks...

[valhalla2017] 13/5/2020 11:02

Boom! The forward selling has begun. That’s 100k. Is this another raise that GR is working on?

[valhalla2017] 13/5/2020 09:04

And I see the traders are ramping MNH now. A broke miner begging another broke miner for money.

[valhalla2017] 13/5/2020 08:57

Uh oh. The share price is wobbly. Someone call Faud. Need more truck photos. Maybe some of those MNH trucks. Boom!

[valhalla2017] 13/5/2020 08:13

Let’s get ready for the Wednesday gazette ramp!

[vitec] 13/5/2020 07:00

Doc, thank you for your feedback.

With all my cynicism and moaning I am still here. A rising share price is a good thing but as soon as I get to breakeven or a small profit situation I will sell up and move on.

[markth126] 12/5/2020 22:13

Looks like a nice W forming here back to 0.15

[doctor 69] 12/5/2020 17:19

vitec , i think with all respect you are wrong to wonder is the rise on nothing.

Also please look at MNH again , it is likely to be massively cash generative . Now we hold 19% we will be dictating that we get 19% of the cash generated. Look at the mangaese price . Previously MNH was getting $3 per unit and now $5.

MNH will transform PREM. To get all of MNH we need EPO and that is progressing

I am sure this will coem godo for investors

[vitec] 12/5/2020 15:57

I do not believe a word that comes out of his mouth. He says "I do not want to issue any more shares" he has his fingers and toes crossed that everyone will believe him. What he should be saying is "I cannot help myself, I have an addiction, I need to issue more shares as I am the confetti clown". Now if he said that I would believe him!!

[valhalla2017] 12/5/2020 15:47

Boom! Just wait for all the forward selling. GR won’t pass up the chance to raise working cap on the back of the EGM.

[1hopper] 12/5/2020 15:19

Remember when he told shareholders and new investors that he was going to raise money by issuing x amount of shares and then almost doubled the number he issued!

[leewink1] 12/5/2020 15:15

Fair play, thanks for explaining, all the best.

[leewink1] 12/5/2020 14:30

Why not just hold then ? You've only been in a year if you bought at the bottom at best, what's the panic ? Or did you buy years ago at high ? Then why did you hold ? Could of cut your losses back then and made now ?

[vitec] 12/5/2020 14:16

Significant. Many 10's of millions. Heard all of the clap trap before. Purchased a lot at the bottom and have been selling some of those along the way. Even with all of that trading I am still in the red.

[leewink1] 12/5/2020 13:58

Just run it past me, how much of a holding do you have here ?

[vitec] 12/5/2020 12:53

What recovery? Roach is wholly dependant on the Zim government and a Circum liquidity event. MNH is a distraction. I can see the merits but we have to suffer yet more dilution.

Has anyone thought this is just momentum buying and manipulation of the share price ahead of the SGM? That is the easy way to placate shareholders when they see the sgare price rising.

How many times has Roach promised no more dilution. He cannot help himself. This company is run like a personal ffiefdom and not for the benefit of shareholders.

[leewink1] 12/5/2020 12:45

Excitement of recovery, let's face it, very welcome recent ... whatever share.

[banksy] 12/5/2020 12:41

Just traders riding the waive. Could go to .15 on a fair wind. But will drop back with no + news

[vitec] 12/5/2020 12:36

What is this sharp share price increase due to? Can anyone enlighten me.

[leewink1] 12/5/2020 12:30

Boats sailing jump in ...

[leewink1] 12/5/2020 12:26

Just to recover yes, crack on ...