Premier African Minerals Share Discussion Threads

[bmwman3] 12/3/2021 16:48

This'll be no wage compared to the potential resources available to prem

[bmwman3] 12/3/2021 16:42

It's true to say that imho we are not necessarily a long way from a farm in or other arrangement involving money being paid to PREM.

[bmwman3] 12/3/2021 16:40

(Sharecast News) - Premier African Minerals announced the formal grant of an exclusive prospecting order over an area encompassing the Zulu lithium and tantalum claims in the Fort Rixon district of Zimbabwe on Friday, for three years from 12 March 2021 to 11 March 2024.The AIM-traded firm said the grant of the order was published in the Zimbabwe government's gazette on Friday."I am deeply appreciative of the Zimbabwe Government for the granting of this substantial exclusive prospecting order, and Premier will reciprocate with mobilization for the commencement of the definitive feasibility study on the Zulu deposit, which has an estimated completion time of 14 months," said chief executive officer George Roach."The area is important [in] that there are further known lithium bearing pegmatites offering upside to Zulu, as well as historic small gold mines, potential molybdenite and many scheelite occurrences within the area."Zulu remained a "significant" deposit, Premier said, adding that it had previously published an in-house maiden inferred mineral resource estimate of 20.1 million tonnes, grading 1.06% lithium oxide and 51 parts per million tantalum pentoxide, using a cut-off grade of 0.5% lithium oxide.Since the maiden mineral resource estimate, it said the geological model had been "optimised" as at least six new zones of lithium mineralisation were discovered, supporting an exploration target of up to 80 million tonnes.Test work conducted by Anzaplan in Germany on behalf of Premier confirmed that low iron spodumene concentrates of up to 6.5% contained lithium equivalent was attainable, with an independent scoping study prepared by Bara Consulting for Zulu said to be encouraging."The granting of the prospecting order reaffirms the Zimbabwe government policy that Zimbabwe is open for business, and further supports the Ministry of Mines policy of creating a $12bn mining economy by 2023," Roach added."Premier expects to provide details in regard to further developments associated with Zulu and full details of the terms and conditions associated with the grant of the exclusive prospecting order in the near future."

[bmwman3] 12/3/2021 16:37

"Premier expects to provide details in regard to further developments associated with Zulu and full details of the terms and conditions associated with the grant of the exclusive prospecting order in the near future."

[thomstar] 12/3/2021 16:33

10% up on any other day is a result

[bmwman3] 12/3/2021 16:25

After today's news I personally think it's ridiculous for this to finish under 0.30

[bmwman3] 12/3/2021 16:21

From LSE poster! Very true this! Well done to the MMs today for controlling this to the point it looked like it fizzled out. But as night follows day the price will go up so they can sell and make their true money which was the purpose of today IMHO

[7rademark] 12/3/2021 16:19

I feel for today's 0.5p buyers, but the fall back was good for prem in the long run, quick and sharp rather than a prolonged correction

[bmwman3] 12/3/2021 16:19

When you see as good an opportunity as this it takes a while to release fund or make funds available! This'll go a lot higher as it's only just getting started! Imho

[smcl] 12/3/2021 16:16

All only opinions, opinions, opinions. Each to his/her own decision making!!

I'm sticking with it.

[bmwman3] 12/3/2021 16:16

People do work not look at screens all day you daft cont

[7rademark] 12/3/2021 16:14

Today was important as the rns derisks any investment, I can see a reason why people sold before the news but selling now doesn't make sense to me.

[richardp19] 12/3/2021 16:13

Many wnt be aware of this news and it's been out since 9.41amAre u stupid or something

[bmwman3] 12/3/2021 16:11

Many won't be aware of news yet! This will be going straight into sips and isa's like mad! Great share for future growth and shorter growth now that the traders and gamblers are out!

[bluemango] 12/3/2021 16:07

How erudite. What a convincing, well-argued rebuttal.

Listen, I've got no issue with you guys and you've clearly done well over the last few days. Just hope some newbies are paying full attention and not too blinkered as to the possible outcomes here.

[bluemango] 12/3/2021 16:02

'This'll fly next week'.

Ok. Gamblers buy in anticipation of news. You've had your news. What will feed that frenzy now?

[bmwman3] 12/3/2021 15:56

3 years to start! Zimbabwe needs prem as much as prem needs Zimbabwe! Then they'll be share buy backs or consolidation! Your trying to scare people! This'll fly next week so open your shorts and go for it!

[bluemango] 12/3/2021 15:52

17.7 billion shares in issue.

A 'news' event that was well-flagged with frenzied buying in anticipation.

Hundreds of bulletin board posts.

A short term mining exploration licence in Zimbabwe.

If that's not a combination that rings alarm bells (for those hoping there's more to squeeze out of this) then I'm not sure what would.

[daar] 12/3/2021 15:37

What price you paid sir for this goldies?

[chesty1] 12/3/2021 15:30

Traders will dump this into close imho.....Had a great run & great RNS but has risen so much waiting for the rns to hit & knew it was coming....