Premier African Minerals Share Discussion Threads

[bmwman3] 13/3/2021 15:41

https://www.reddit.com/r/lithiumstocks/comments/e7vgqc/premier_african_minerals_epo_application_to/?utm_medium=android_app&utm_source=share

[bmwman3] 13/3/2021 15:40

Wow just wow....how big... So if we assume the 160mt's is about right. LCE prices are currently about $10.5k/t and the conversion factor to get from LCE to Li2O is x 2.473. So for ease of maths let's say the current Li2O price is $25k/t. That would give Zulu an "in-ground" value of 160m x 1.06% x $25k which is $42.4bn. It's worth reiterating as I've used it later. $42.4bn! The largest hard rock lithium resource in the world is owned by AVZ Minerals in the DRC and it's resource there was increased to over 400mt's u/1.66% Li2O last December giving it an "in ground" value of $166bn. Some 4x higher in value than Zulu's in estimation.Zulu is often benchmarked against Pilbara's mine in Australia too given it's of a similar size with similar grades. But Pilbara is three years or so ahead of Zulu and is in production now. It's resource is 216mt's @ 1.13% Li2O or something like that. So it's "in ground" value is $61bn just less than 50% higher in value than Zulu.All very interesting. As is the fact that Zulu's Lithium is very high quality. It has a very low iron content which sets it's above most of it's piers in the space. For that reason it's sure to be highly sought after come the day.These mines are massive and highly profitable by any measure. Pilbara's original mining plan was to produce over 300kt's of battery grade Spodumene from a ROM of 2mt's/annum giving the mine a LOM of over 20 years. But that's now been changed. Pilbara have doubled the ROM to 5mt's/annum and to catch the current market outlook I presume. It's market cap from producing 300kt's of Concentrate is $1.2bn albeit it's All in Costs are likely to be higher than Zulu's which bodes well and is very interesting too.Now here's the sting in the tail. Well for other miners at least. Prems EPO application increases Zulu's mining area from 350ha currently under license to over 22,000ha. That's 57 x bigger!

[bmwman3] 13/3/2021 15:00

Premier African Minerals Limited (AIM: PREM) is a multi-commodity mining and natural resource development company focused on Southern Africa with its RHA Tungsten and Zulu Lithium projects in Zimbabwe. The Company has a diverse portfolio of projects, which include tungsten, rare earth elements, lithium and tantalum in Zimbabwe and lithium and gold in Mozambique, encompassing brownfield projects with near-term production potential to grass-roots exploration. The Company holds 5,010,333 shares in Circum Minerals Limited, the owners of the Danakil Potash Project in Ethiopia, which has the potential to be a world class asset. In addition, the Company holds a 19% interest in MN Holdings Limited, the operator of the Otjozondu Manganese Mining Project in Namibia.

[bmwman3] 13/3/2021 10:13

22 February 2021 Premier African Minerals Limited("Premier" or the "Company") Appointment of New York based EAS Advisors LLC as US corporate advisor Premier African Minerals Limited ("Premier" or the "Company"), is pleased to announce the appointment of New York-based EAS Advisors LLC ("EAS") as its US corporate adviser, primarily to assist with introductions to institutions and funding to enable the Company to proceed with development of its current mining and exploration projects in Sub-Saharan Africa, in particular a Definitive Feasibility Study ("DFS") at the Company's Zulu Lithium project in Zimbabwe ("ZULU").Founded by Edward Sugar in 2008, EAS is a boutique global advisory firm focused on helping early stage mining and industrial groups access US and international financial markets and institutional capital.Having participated in over US$6 billion in transactions since inception, EAS has been instrumental in a number of financing arrangements and has a sound record for backing early finance deals for a number of natural resource focused companies.George Roach, Chief Executive of Premier commented: "I'm delighted that we have brought on EAS as our US corporate advisers. We're looking forward to working with them as we develop our US profile and take significant steps forward in the development of ZULU."EAS founder, Edward Sugar said:"With ever increasing EV demand the need for development of lithium projects becomes more essential. We're looking forward to working with the Company regarding its ongoing finance, particularly regarding the Company's Zulu lithium project, as well as lifting its profile in North America."

[bmwman3] 13/3/2021 10:06

#PREM - EPO is so much more than just Lithium:?Greenstone belts in Zim said to be the richest in Au on Earth?Gold will be mined by default as a secondary metal whilst extracting LiAdditional Licenses for:?Lithium?Copper?Gold?Tantalite?Tungsten?Molybdenum. potash at Circum

[bmwman3] 13/3/2021 08:59

This is money articleGood exposurehttps://www.thisismoney.co.uk/money/markets/article-9355529/SMALL-CAP-MOVERS-Avacta-leaps-test-detects-new-Covid-variant.html

[bmwman3] 13/3/2021 08:57

Previously in just one area a 20m thick core sample of Molybdenum has been discovered in exploration so far and the price £26,000 per metic ton

[bmwman3] 13/3/2021 08:51

If they open the tungsten mine within RHA they'll have a revenue stream!

[amrishbhim] 13/3/2021 08:44

Who said anything about placing, let wait and see what's the outcome, I believe a partner from the big 10 in this industry will come up as Zimbabwe is an opportunity due to 40 years of hell

[ccr1958] 13/3/2021 08:29

They never admit a placing is coming ... Iam watching closely.

[bmwman3] 13/3/2021 08:22

Joint venture or farm in! George says exactly that in the interview!

[markth126] 13/3/2021 08:02

Well I sold out of GGP far to early, I'm just letting this one play out. Come what may I sticking with PREM. Good luck all. Just wonder what price the placing comes in at, short term dip but then onwards I would think

[bmwman3] 13/3/2021 06:40

George Roach stockbox https://twitter.com/stockboxmedia/status/1370418349096595459?s=21

[bmwman3] 13/3/2021 06:39

Think you need to watch the interview

[letmepass] 13/3/2021 05:02

Just remember there is a fundraise to come. Could be higher or lower

[bmwman3] 13/3/2021 01:20

Zak retest 0.50 as we finished above 0.27https://www.share-talk.com/share-talk-bulletin-board-heroes-friday-12th-march-2021/#gs.w0fa48

[bmwman3] 13/3/2021 01:19

Nah in at the early twenties

[thehitman1] 12/3/2021 22:48

Have you been spiked?.

[bmwman3] 12/3/2021 21:44

Don't listen to me just look at the amount and magnitude of these buys! Not hard to see. Mar-21 16:22:40 0.2801 32,129,957 Buy* 0.27 0.28 90.00k O 12-Mar-21 16:28:32 0.2704 10,000,000 Sell* 0.27 0.28 27.04k O 12-Mar-21 11:54:46 0.29 51,722,068 Buy* 0.27 0.28 149.99k O 12-Mar-21 10:19:49 0.28 100,000,000 Buy* 0.27 0.28 280.00k O 12-Mar-21 11:54:46 0.29 51,722,068 Buy* 0.27 0.28 149.99k O 12-Mar-21 09:18:38 0.32 40,000,000 Buy* 0.27 0.28 128.00k O 12-Mar-21 09:36:52 0.335 40,000,000 Buy* 0.27 0.28 134.00k O 12-Mar-21 16:14:44 0.268 10,000,000 Sell* 0.27 0.28 26.80k O 12-Mar-21 17:06:30 0.31 16,752,130 Buy* 0.27 0.28 51.93k O 12-Mar-21 15:58:00 0.289 8,999,308 Buy* 0.27 0.28 26.01k O 12-Mar-21 16:44:59 0.28 1,000 Buy* 0.27 0.28 2.80 O 12-Mar-21 16:44:59 0.28 714 Buy* 0.27 0.28 2.00 O 12-Mar-21 16:44:59 0.28 4,000 Buy* 0.27 0.28 11.20 O 12-Mar-21 16:44:59 0.28 1,000 Buy* 0.27 0.28 2.80 O 12-Mar-21 16:44:54 0.27 7,000 Sell* 0.27 0.28 18.90 O 12-Mar-21 16:44:45 0.28 357 Buy* 0.27 0.28 1.00 O 12-Mar-21 16:44:45 0.28 1,000 Buy* 0.27 0.28 2.80 O 12-Mar-21 16:44:45 0.28 3,000 Buy* 0.27 0.28 8.40 O 12-Mar-21 16:44:40 0.28 15,000 Buy* 0.27 0.28 42.00 O 12-Mar-21 16:44:40 0.28 13,928 Buy* 0.27 0.28 39.00 O 12-Mar-21 16:44:40 0.28 1,500 Buy* 0.27 0.28 4.20 O 12-Mar-21 16:44:40 0.28 3,571 Buy* 0.27 0.28 10.00 O 12-Mar-21 16:44:40 0.28 4,400 Buy* 0.27 0.28 12.32 O 12-Mar-21 16:44:40 0.28 4,000 Buy* 0.27 0.28 11.20 O 12-Mar-21 16:44:40 0.28 5,000 Buy* 0.27 0.28 14.00 O 12-Mar-21 16:44:40 0.28 1,450 Buy* 0.27 0.28 4.06 O 12-Mar-21 16:44:40 0.28 14,246 Buy* 0.27 0.28 39.89 O 12-Mar-21 16:44:40 0.28 50,000 Buy* 0.27 0.28 140.00 O 12-Mar-21 16:44:40 0.28 1,500 Buy* 0.27 0.28 4.20 O 12-Mar-21 16:44:40 0.28 1,000 Buy* 0.27 0.28 2.80 O 12-Mar-21 16:44:40 0.27 120,000 Sell* 0.27 0.28 324.00 O12-Mar-21 16:44:25 0.28 357 Buy* 0.27 0.28 1.00 O 12-Mar-21 16:44:20 0.27 322 Sell* 0.27 0.28 0.87 O 12-Mar-21 16:40:50 0.28 10,000 Buy* 0.27 0.28 28.00 O 12-Mar-21 16:40:50 0.28 1,000 Buy* 0.27 0.28 2.80 O 12-Mar-21 16:40:50 0.27 11,100 Sell* 0.27 0.28 29.97 O 12-Mar-21 16:40:25 0.28 357 Buy* 0.27 0.28 1.00 O 12-Mar-21 16:40:25 0.28 357 Buy* 0.27 0.28 1.00 O 12-Mar-21 16:40:20 0.28 1,000 Buy* 0.27 0.28 2.80 O 12-Mar-21 16:40:20 0.28 357 Buy* 0.27 0.28 1.00 O 12-Mar-21 16:40:20 0.27 2,000 Sell* 0.27 0.28 5.40 O 12-Mar-21 16:39:31 0.28 357 Buy* 0.27 0.28 1.00 O 12-Mar-21 16:39:30 0.28 15,500 Buy* 0.27 0.28 43.40 O 12-Mar-21 16:39:30 0.28 5,000 Buy* 0.27 0.28 14.00 O 12-Mar-21 16:39:30 0.28 3,000 Buy* 0.27 0.28 8.40 O 12-Mar-21 16:39:30 0.27 24,000 Sell* 0.27 0.28 64.80 O 12-Mar-21 16:38:45 0.28 357 Buy* 0.27 0.28 1.00 O 12-Mar-21 16:38:45 0.28 5,000 Buy* 0.27 0.28 14.00 O 12-Mar-21 16:38:45 0.27 5,070 Sell* 0.27 0.28 13.69 O 12-Mar-21 16:37:26 0.28 310 Buy* 0.27 0.28 0.87 O 12-Mar-21 16:37:25 0.28 357 Buy* 0.27 0.28 1.00 O 12-Mar-21 16:37:25 0.28 1,000 Buy* 0.27 0.28 2.80 O 12-Mar-21 16:37:20 0.28 13,000 Buy* 0.27 0.28 36.40 O 12-Mar-21 16:37:20 0.28 357 Buy* 0.27

[bmwman3] 12/3/2021 21:42

From an LSE poster it's all you need to know! I made profit and I have come back in now (wish I just stayed in) I have bought on the spike (I am sure it will go above that) but at no point have I said its is someone else fault for my bad timing and decision making. I felt bad that some one basically come at ACKER earlier. WE are all grown ups and should act like it. The RNS was great news . we should all wish each other the best and hopefully all make good money out of Prem. Also you can look at it as you are helping the world this can make non-petrol cars a reality. GLA

[bmwman3] 12/3/2021 21:21

To sum it all up as an LSE poster just said! Honestly, a few posters over the years may have doubted my feelings views, hell during the 8 + years I have myself. I first got in at 0.8p at approx 600m shares in issue, loaded up all the way up and at 3.52p and on the way back down. The fundamentals haven't changed, I invested after DMOR in what a thought to be a good entry point in the life cycle. Unfortunately, my timing was way off. However, timing is sometimes out of the companies could control. Things aren't always straight forward. Only wish I was putting my six figure investment in 3/4weeks ago but that's life. However, the world is PREMs oyster. What I will say is there are a lot of PIs on these BB, I just wish some would have some morals and grace. Don't be disgruntled at others, if you sold out that was your choice. If you made gains or losses and sold out dont discourage others of their position and ability to make money. Those that are wise accept their choices and are happy for others when they fulfil theirs. A little sad those that feel the need to talk down a positive RNS or be annoyed by others gain or achievement. A wise man once said "nothing at all" he kept hisself to hisself and allowed others to make their own decisions.The BB are full of wise men. If they didn't have an agenda they wouldn't feel the need to speak. Funny why so many that aren't invested tell you your making a mistake !

[bmwman3] 12/3/2021 21:17

Gonna sleep like a baby! Great life changing things happening here and about time! Always had the promise but never delivered until now! Zzzzzzzzzz

[bmwman3] 12/3/2021 21:15

Super duper buys