Premier African Minerals Live Discussion

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One day Roderz 19 Nov 2017

Re: broker target 1.6p With the news of Mugabe losing party support, we could be entering the perfect storm.A new government/leader could soon be in place. They would love to announce good news stories, maybe RHA news, but Zulu JV could really set this alight if it is publicised and spun out as Zimbawe new government, new investment.The next news from Prem could see Broker targets upgraded - but by how much. After the Coup news and the expected dip, this can only now be viewed as very positive.GLAOD

nat81 18 Nov 2017

broker target 1.6p i am sure many have seen broker target of 1.6p.some are taking broker target at pinch of salt as they were paid by PREM.nevertheless, the valuation calculation gave a good hindsight of the high worth value of PREM and how undervalue PREM isany independent valuer will come out at even larger valuation to PREM, primarily based on whats the outcome of Circum and rising price of lithium.hopefully the poor history of George /PREM is behind us and lets move forwardtime to buy and add while we are not yet moving up

Tuckman1 15 Nov 2017

Re: Re: Yes will just wait for some news before I bring my trading pot back here, I think UKOG will either boom/bash in the next 2/3 weeks for defo as they are doing flow tests now. If its good and this is still at this price I will maybe chance a few more for trading as some news has to come soon I hope, also just want Zim to settle as well.If it goes boom before then at least I might be able to get my 0.6 av share pot out at a profit!!!Need RHA news soon, fingers crossed its soon and good

One day Roderz 15 Nov 2017

Re: Re: TM1 hope UKOG works out ok for you. Probably less stress than being involved in Prem. I'm sitting this out for the news, I just hope its good wrt RHA and Zulu should boost the SP whatever the news. Circum, who knows - It's iminent apparently.OD

Tuckman1 15 Nov 2017

Re: Sorry folks took one chunk out straight away at an amazing £110 profit, put into UKOG and will wait for this to settle before maybe jumping back in. Sadly big chunk is still sat at 0.6 average and may take longer to get there if news for Zim is not good?Happily the happy clappers on the LSE board are going to take some pain no sorrow there, I am upset I didnt get big chunk out earlier but can afford to wait, however I feel sorry for the LTH`s as this has potential but just not sure when it will show

jvm64 14 Nov 2017

According to some tamper on LSEGeorge is in London sorting out the whopper of a JV and PEA.I think he is here for his own safety judging by the actions in Zimbabwe today . And the upheaval over there isn't likely to boost our share price for a good while ; (

One day Roderz 10 Nov 2017

Re: Seller Thoroughly agree TM1.3x more shares now, over a relatively short time frame.Zulu being worth £100m now gives a LTH an equivalent value of £33m. Sorry that should be MTH (Medium term holder ).Dilution was required but not for TCT, Circum & poor finance deals.OD

Tuckman1 10 Nov 2017

Re: Seller Yep like a lot of other people, I think we have heard enough broken promises and timelines and many are just waiting for an exit on the next substantialnews that comes along. His history is there in black and white and he certainly has not been there for his shareholders no matter what blinded vision he may have had. It will no doubt come good in the end with the likes of Zulu etc but the end reward for us shareholders has been significantly reduced by his mis management IMO.Lets hope Q1 at the latest or yes he will have ran out of cash yet again if RHA is not bringing in the beans and then `what could possibly be the problem there I wonder` Could make things very simple with a monthly operations update, nothing more nothing less targets but no promises.We will no doubt make some money but just dont know when or how much but certainly would be glad to put this one behind us

One day Roderz 10 Nov 2017

Re: Seller TM1, you state: 'Assets are sound, sadly management is a low way below that, communications even further below that. It will rise again at some point and I have confidence on reaching my targets by at least Q1 next year so fingers crossed we can exit soon or they even turn the tables and make this into a profit bearing machine'.You hit the nail on the head with comment on management & comms.That's why you are looking at Q1. I think this year we were looking at Q2, then Q3, moving to early Q4, now to be told late Q4.One thing is for sure by the next AGM he needs a result or 10b+ shares will need to be authorised and used. 5**t or bust.OD

Tuckman1 10 Nov 2017

Re: Seller For me it depends on what news comes first, if they can release good solid news on RHA then I think movement will be quicker, but likewise if bad news on RHA then further down it goes. Zulu will provide a spike but only for the happy clapper trading fantasists. Same IMO with any Circum news, he will no doubt go and spend that money elsewhere!!For me I have 2 exits, one above 0.6p and one above 0.9p which I hope to do either on spike or depending if it is RHA news first I might up those targets if the news is good.Yep bring it on and hopefully this year would be nice but again waiting for news from Prem is like take some info and add a few months on and you should be close!!!!Yes the LSE board is a very sad state of affairs of a bunch of ego maniacs who basically have got everything wrong so far, and must be hurting really bad as they have not achieved their own exit point in their own trading timeline, watch and laugh at the frustration it will build among them if there is no news next week!!!Assets are sound, sadly management is a low way below that, communications even further below that. It will rise again at some point and I have confidence on reaching my targets by at least Q1 next year so fingers crossed we can exit soon or they even turn the tables and make this into a profit bearing machine

theprior 10 Nov 2017

Re: not so good news on casa OTC looking to buy out all minority shareholders for the current offer price. Giving them 6 months.(OTC RNS today)TP

jvm64 10 Nov 2017

Re: Seller Tuck man I think the move between .5 to 1p will be very very slow.So many fed up lth are saying they are out on this spike.Me included anywhere around .8 and it's goodbye from me.Money tied up for way to long and no thing but dilution.Bring it on (.8 that is !)the way the LSE BOARD is ridiculous and immoral, the rampers are killing debate with fantasy .

Tuckman1 09 Nov 2017

Re: Seller Yes a tidy profit and still even selling, another few chunks of 5m sold again. Great volume again today to churn out some more.Although chief ramper on the LSE board thinks they were buys!!! Jeez I wish they were as this would be well north of 0.6p now IMO if they were buys as they certainly damaged the momentum going up today!!!Hopefully some form of news on the horizon to either boost or drop (really hoping for a boost this time) , will de-risk a little if we see north of 0.6p and de-risk a lot if we see 1p again, however if they can get RHA really running properly then IMO much higher will come.Need that income stream

One day Roderz 09 Nov 2017

Re: Seller 40% profit if PB putchases.Not bad profit.Better than most PI's I guess like myself who are still down.I generally don't have a large pot of cash on a Friday after the bell to partake in the PB offer.Lets hope the news is good.OD

Tuckman1 09 Nov 2017

Re: Seller Theres another 3x5m sold between 0928/0929 this morning, fingers crossed they are running low if not close to out!!!!

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