Premier African Minerals Takeover Rumours (PREM)

Looks like Everyone has had enough. GR sadly has lost every ones support and now a major shareholder was going to.vote NO. Feel quite sad as i was one of the very early investors in PREM. Zulu is still huge but PREM is under soo much debt and only way out is either a JV or forced say. A great innings played by the Chinese. SP will now drop to 0.03p , if that doesn't hold then its 0.01p. At that level buy for takeover.

Its not going to open at 0.02. The Punjabi Jaglith has a short on it and hence his opinion. Shareholders have been shafted absolutely to max. I am glad i sold but slowly in the process of buying back over the course of next few weeks. Previously it went from 0.03p to 1p. This is now the right time to buy back. Majority of us are now gonna to rebuy. 0.5p takeover offer if we get it, a lot of money to be made here. Looking forward to next few weeks.