Premier African Minerals Share Discussion Threads

[groobeer] 23/3/2021 12:24

I Love that there are magpies here working hard hustling the price down. Always a good sign.

[bluemango] 23/3/2021 08:44

Now that the share price has seemingly achieved relative stability, they might be lucky and see a Placing no lower than 0.2p. At which point, the market price will of course drift down to meet it. Anyone buying before then, which at 0.27p is nearly 26% above that, needs their head examined imo.

[bluemango] 23/3/2021 07:59

Yep, but you won't be welcome here pointing out such truths!

Each time, a new generation has to learn the hard way. I would make it all part of a mandatory test before anyone is let loose with a share dealing account ...

[bahamarama] 23/3/2021 00:03

Not hard is it, BlueMango..??!!Christ, I feel for those newbies at plus 0.4...!!!As for those at nearly 0.5, I just weep..!! MMs make a market.Define 'make'.

[ministry of silly drops] 22/3/2021 16:45

Oh, how far down would you say, 0.1p?

Less maybe?

[7rademark] 22/3/2021 15:38

That's the second attempt at a reversal that's failed, might be a third but more likely a move down next.

[ministry of silly drops] 22/3/2021 15:32

Mega lols.

[valhalla2017] 22/3/2021 15:16

Following the Circum Rights Issue, George just got an email asking if he wants to convert prem's stake into a 12 month one shirt/month loyalty program from TM Lewin.

[zxie] 22/3/2021 11:17

One way up

[fatmaa] 22/3/2021 08:26

Moving up nicely! As most ppl realised this should have been 1.5p by now easy with all the gud recent Rns updates.

[bluemango] 22/3/2021 08:25

Someone who's seen it all before. Someone who, if I'd bought at lower than this, would now be grabbing this opportunity with both hands, to exit without a loss.

Enjoy the nice warm feeling of temporarily moving upwards while it lasts.

[donald trumpton] 22/3/2021 08:22

Who are you?

[bluemango] 22/3/2021 08:15

Two basics which so many have forgotten here or just aren't aware of:

1. It's pointless to buy if a Placing is likely, because the shares always fall to match the Placing price, best to wait.
2. Don't sit all weekend thinking 'I must buy more' and then pile in during the first 10 minutes when everyone's doing the same! At least wait until the price settles back if you must buy just before a Placing.

[bluemango] 21/3/2021 23:16

7rademark, you're right that Placings are often necessary for a Company that doesn't have a regular income stream to cover costs. And yes the price has fallen since last weekend. But here's a bit of homework for you.

Find out how many Placings have been carried out on all Aim companies at a share price equal to or higher than the current price, and how many were carried out at a lower price.

Or, to make it easier, just narrow your search to all the Placings that have been done for Prem. Then decide the likely outcome here. But to save you the bother, it will be lower. It always is.

[oilisgold] 21/3/2021 21:21

I was a finished man after TCG and back then was also in PREM, AST and Yes KEFI. Could have lost the lot. But luck does indeed change in a blink of an eye. NCYT who would have thought, GGP never imagined and ARB all just pure luck. So those that been in kefi and Prem , you just don't know, in a blink thousands of pounds worth of losses can all of a sudden make you very wealthy.

[7rademark] 21/3/2021 21:12

I don't mind placings, in fact it's a ceos responsibility to fund a company at the best rate possible, kod have just done one we'll off its high but certainly also we'll above its low. Prem has already fallen significantly.

[oilisgold] 21/3/2021 20:54

No one here can predict the share price of prem. We could a placing RNS Monday at 0.1p and many will be instantly down another 60%. You take the risk and if it pays off , well done.

[oilisgold] 21/3/2021 20:52

Well i say just was luck, no one could have predicted it. GGP, we all thought will go down sub 0.1p and be ome another PREM. NCYT was just a punt and ARB just bought by luck.

[kn403049] 21/3/2021 19:55

Always easy to say in hindsight hey........pick out the winners

[oilisgold] 21/3/2021 19:53

Different situation now for prem since those days. GR known for placings after placings.

[bluemango] 21/3/2021 18:46

Wow, yes way back in 2016, before all the massive dilutions, this did actually reach 1p. Extraordinary.

And no, that doesn't mean 'it must be a bargain now'. Dilution is such a killer. 17 billion pieces of next to FA.

[oilisgold] 21/3/2021 18:33

Since Thomas cook days, i did well. NCYT made a lot for me, as did ggp and ARB. NCYT made up for me in ways i never imagined and ggp and ARB, set me up

[oilisgold] 21/3/2021 18:32

Yes, it was Prem when it went to 1p.

[uknighted] 21/3/2021 15:18

Oig I do recall you appearing on another thread a few years ago ramping for all you were worth - which can’t be much now after Thos Cook - and then just as quickly disappearing.