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TSX Lithium explorer International Lithium Corp prepares to drill at Raleigh Lake
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Premier African Minerals Share Chat (PREM)



Share Price: 0.075Bid: 0.07Ask: 0.08Change: 0.00 (0.00%)No Movement on Premier Afr
Spread: 0.01Spread as %: 14.29%Open: 0.075High: 0.075Low: 0.07Yesterday’s Close: 0.075


Share Discussion for Premier African Minerals




View all PREM Messages

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Posts per page:

Moneytolose
Posts: 1,132
Opinion:No Opinion
Price:0.095
RE: Final Proposal and Update???
19 May '19
sorry was a cached moment from my PC
sending it now to PREM
 
Smilemore
Posts: 1,553
Opinion:No Opinion
Price:0.095
RE: Final Proposal and Update???
19 May '19
I did add that yesterday and I have reworded for now to make a more professional starting place and to get more Shareholders backing this. Hope that is okay.
Moneytolose
Posts: 1,132
Opinion:No Opinion
Price:0.095
RE: Final Proposal and Update???
19 May '19
THANKS Smile - more action than the action group - may i suggest we have a introduction like

Dear BOD of Prem

Please find enclosed a list of generic questions and issues which as shareholders we believe you need to respond to by COB today. We are inconstantly being mislead about actions of the board, status of assets , use of placing monies , and time frames given in communications to the market we believe you need to address our concerns s a matter of urgency.

We also include a suggested proposal to get PREM in a position to start delivery instead of diluting shareholder value.
Snowking
Posts: 376
Premium Chat Member
Opinion:No Opinion
Price:0.095
RE: Final Proposal and Update???
19 May '19
smilemore I agree to this
Smilemore
Posts: 1,553
Opinion:No Opinion
Price:0.095
RE: Final Proposal and Update???
18 May '19
Cheers MTL added with a bit a rewording. Hope that's alright.
Moneytolose
Posts: 1,132
Opinion:No Opinion
Price:0.095
RE: Final Proposal and Update???
18 May '19
THANKS Smile - more action than the action group - may i suggest we have a introduction like

Dear BOD of Prem

Please find enclosed a list of generic questions and issues which as shareholders we believe you need to respond to by COB today. We are inconstantly being mislead about actions of the board, status of assets , use of placing monies , and time frames given in communications to the market we believe you need to address our concerns s a matter of urgency.

We also include a suggested proposal to get PREM in a position to start delivery instead of diluting shareholder value.
Smilemore
Posts: 1,553
Opinion:No Opinion
Price:0.095
RE: Final Proposal and Update???
18 May '19
Sorry guys just noticed one more error. Want it as a proper copy and paste for everyone. Hopefully now finished. Will it get us anywhere? Who knows? As Shareholders all we can do is all work together for the right cause. People have attacked me and I have rightly or wrongly attacked others. Now we need to put all differences aside and make a difference. Good luck with your emails and let's see what we get out of it.
Smilemore
Posts: 1,553
Opinion:No Opinion
Price:0.095
RE: Final Proposal and Update???
18 May '19
See below, bit of rewording due to poor grammar and also contradictions on 30 days plan. If you agree with it please recommend if not please give suggestions as to improvements. (See below)

RNS required on the updates on assets put forward by shareholders and also a full consideration of the shareholder proposal by 6pm Tuesday 21st May 2019.

1) update on RHA proceedings - with weekly updates as to BOD progress on all matters. This can be provided in any form as long as it is for ALL shareholders to access.

2) Update on Circum meeting. You had hoped to update shareholders early last week and this has not happened.

3) Bod proposal for Circum shares based on meeting.

4) Full clarification of Zulu, KME transaction problems and why this was not detailed to shareholders. What is the Bod plan to do to get Zulu drilling within 30 days.

Shareholder proposal:

1) Possible Circum sale - however this cannot be done at market price. Any offer must be offered to shareholders as our acceptance is price dependent.

2) Any sale of Circum (under above conditions) would need to pay for full DFS and working capital.

3) Not wait for EPO but get drilling Zulu within 30 days. Focus on core area as previously planned for that will not change come EPO.

4) To not consider a JV as this will create yet more DD work, unless it is also with the government.

5) Look at non dilutive options to get to RHA profitability shareholders do not have to pay for any more delays from the government.

6) If RHA has not been resolved in 30 days and Zulu plan has not been finalised, the CEO position must be reconsidered with immediate effect.

Shareholders will seek an EGM by looking to gain the necessary voting percentage if nothing is resolved to a satisfactory conclusion in the given time period.

Yours sincerely,

Premier African Shareholders
Smilemore
Posts: 1,553
Opinion:No Opinion
Price:0.095
RE: Final Proposal and Update???
18 May '19
See below, bit of rewording due to poor grammar and also contradictions on 30 days plan. If you agree with it please recommend if not please give suggestions as to improvements. (See below)

RNS required on the updates on assets put forward by shareholders and also a full consideration of the shareholder proposal by 6pm Tuesday 21st May 2019.

1) update on RHA proceedings - with weekly updates as to BOD progress on all matters. This can be provided in any form as long as it is for ALL shareholders to access.

2) Update on Circum meeting. You had hoped to update shareholders early last week and this has not happened.

3) Bod proposal for Circum shares based on meeting.

4) Foull clarification of Zulu, KME transaction problems and why this was not detailed to shareholders. What is the Bod plan to do to get Zulu drilling within 30 days.

Shareholder proposal:

1) Possible Circum sale - however this cannot be done at market price. Any offer must be offered to shareholders as our acceptance is price dependent.

2) Any sale of Circum (under above conditions) would need to pay for full DFS and working capital.

3) Not wait for EPO but get drilling Zulu within 30 days. Focus on core area as previously planned for that will not change come EPO.

4) To not consider a JV as this will create yet more DD work, unless it is also with the government.

5) Look at non dilutive options to get to RHA profitability shareholders do not have to pay for any more delays from the government.

6) If RHA has not been resolved in 30 days and Zulu plan has not been finalised, the CEO position must be reconsidered with immediate effect.

Shareholders will seek an EGM by looking to gain the necessary voting percentage if nothing is resolved to a satisfactory conclusion in the given time period.

Yours sincerely,

Premier African Minerals Shareholders
Smilemore
Posts: 1,553
Opinion:No Opinion
Price:0.095
Final Proposal and Update???
18 May '19
RNS required on the updates on assets put forward by shareholders and also a full consideration of the shareholder proposal by 6pm Tuesday 21st May 2019.

1) update on RHA proceedings - with weekly updates as to BOD progress on all matters. This can be provided in any form as long as it is for ALL shareholders to access.

2) update on Circum meeting. You had hoped to update shareholders early last week and this has not happened.

3) Bod proposal for Circum shares based on meeting.

4) full clarification of Zulu. KME transaction problems and why this was not detailed to shareholders. What the Bod plan to do to get Zulu drilling by end of month.

Shareholder proposal:

1) Possible Circum sale - however this cannot be done at market price. Any offer must be offered to shareholders as our acceptance is price dependent.

2) Any sale of Circum (under above conditions) would need to pay for full DFS and working capital.

3) Not wait for EPO but get drilling Zulu by end of month. Focus on core area as previously planned for that will not change come EPO.

4) not consider a JV as this will create yet more DD work, unless it is also with the government.

5) look at non dilutive options to get to RHA profitability shareholders do not have to pay for any more delays from the government.

6) If RHA has not been resolved in 30 days and Zulu plan has not been finalised the CEO position must be reconsidered with immediate effect.

Shareholders will seek an EGM by looking to gain the necessary voting percentage if nothing is resolved to a satisfactory conclusion in the given time period.

Yours sincerely,

Premier African Minerals Shareholders




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