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Premier African Minerals Share Chat (PREM)



Share Price: 0.08Bid: 0.07Ask: 0.09Change: 0.00 (0.00%)No Movement on Premier Afr
Spread: 0.02Spread as %: 28.57%Open: 0.08High: 0.08Low: 0.08Yesterday’s Close: 0.08


Share Discussion for Premier African Minerals




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Smilemore
Posts: 881
Opinion:No Opinion
Price:0.075
RE: Guys
16 Apr '19
Moljen and that what concerns me about you massively and I feel that is what others have seen too, you seem intent for this to fail and us be wrong than for investors to finally get a positive outcome and us be right.

For once, just for the next couple of weeks at least support the process rather than attack the phase we are in. Come end of April fine come back and rub it in my face all you want.
 
Moljen
Posts: 1,736
Opinion:No Opinion
Price:0.075
RE: Guys
16 Apr '19
Ha ha, we'll see Napom end if this week was his view, you've got another fortnight or so...... be interesting to hear your respective views as the clock ticks by. No need for either to set a reminder :-)
Smilemore
Posts: 881
Opinion:No Opinion
Price:0.075
RE: Guys
16 Apr '19
And I agree with all that. That's why I am treating this in phases. I know where I am happy in my head for this money to arrive. If it doesn't arrive by then, I will be very vocal about it. That's why right now. Positive or negative makes no difference because we are covered for a short while yet.

The 6 million changes everything and you'll see a huge risk portion not just averted but completely removed. That's when you'll see some serious money here. But, again, time will tell. Level headed is the way forward for a few weeks yet.
Moljen
Posts: 1,736
Opinion:No Opinion
Price:0.075
RE: Guys
16 Apr '19
Absolutely fine Smile, if you're analytical then I assume you've done cash flows for what we've committed to, current cash outflows and what happens if the Zim $6M doesn't' arrive in the near future.
FUBAR be a reasonable acronym to explain?
Smilemore
Posts: 881
Opinion:Buy
Price:0.075
RE: Guys
16 Apr '19
Moljen. Honestly mate, with all due respect there is no point answering that post. I/we have our opinion about the money and plan ahead and you have yours. I'm no hoping and praying I'm using knowledge I have gained from research and experience in seeing many different permutations whole observing shares. I'm very thorough and analytical and it's done me well so far. If this fall's foul it will be a first and a last as I will leave aim investing well alone. This one is my last anyway so for me it's a win big and leave or lose and leave scenario. But the former I feel will happen.

I'm confident of why I invested even though that confidence has been hit many times and I do not like how GR has handled things granted. I also would have decided many things differently but I can't change that.

You have to stop investing purely on finances or general ways of working. AIM is mental. You have to think differently to make big gains in if. That has served me well. Looking at things with no rose tints or doom and gloom but many factors that affect AIM.

I not take daily. I analysed shares for years before actually taking a step into it. I used three dummy accounts to test out scenarios. It's mad I know but it worked. I would have lost nearly 60k in RMP in the puntland drill. That is where it all started for me and I'm happy here.

Am I annoyed. Hell yeah. Do I want GR not to be CEO, hell yeah. But do I believe in my/our investment hell yeah and I will not be changed in that fact. Unless CEO does not change or HB deal resurfaces at all this year.
Moljen
Posts: 1,736
Opinion:No Opinion
Price:0.075
RE: Guys
16 Apr '19
Smile - this is AIM we are talking about a few geezers in a room, moving from CEO to whatever means diddly squat just a continuation of expense without revenue and the same culture.
Prem's problem is culture, $6M if it comes in will be a lottery win for LTH's but to my mind is both unlikely and even if so a short lived one. I really can't be bothered explaining again our interim accounts viz a viz cash and the fact the last raise doesn't really cover a huge amount of time. Rainy season has ended and we're not moving, today's are price tells you as much and your perpetual optimism doesn't change that fact. Still another fund raise as next major news is my guess, obviously fudged with some amazing deal / opportunity on the horizon to keep th next lot of enthusiasts going when you disappear as have all the others.
Smilemore
Posts: 881
Opinion:No Opinion
Price:0.075
RE: Guys
15 Apr '19
The 'turd' has never been the company. I agree with a leopard can't change its spots and that's why if the CEO is not changed I may even change my investment timeline but again, the plan is to sort that with the upcoming deal. So the 'turd' as you out it could be a white knight. Who knows.

This share has three phases to it. 6 million, new CEO/KME then the long game to DFS. Let's judge each phase on its merits while looking at the past to keep level headed.
Moljen
Posts: 1,736
Opinion:No Opinion
Price:0.075
RE: Guys
15 Apr '19
Smile, what a pile of the proverbial ... there has been culture pervading this Company for the last 6 years and not one thing recently has indicated this culture is about to change.
You are sitting here on a share "hoping" or "expecting" a cheque from the Zim Govt to arrive, what if it doesn't. It's not like there's no past history here.
Decent Mgmt would already have a Plan X in pace, I say Plan X because Plan B through to W should have already been implemented.
Wishful thinking and praying doesn't drive a Company forward
chippyjo
Posts: 3,352
Opinion:No Opinion
Price:0.075
RE: Guys
15 Apr '19
You can put a tissue over the turd but you can still smell it...
Smilemore
Posts: 881
Opinion:No Opinion
Price:0.075
Guys
15 Apr '19
I get it completely. But regurgitation of the same GR this and that is just old news. Important news moving forward I agree as that allows us to justify decisions and use smart exit strategies. But right now, we await money. GR can't change that and the way in which business has been completed for quite some time as been better. If the HB deal had gone through I would I gone also. That's why I fought it so much.

Let's get this 6 million in and then focus on what the next steps are. We can debate that till the cows come home. We have sat and seen a disgusting SP for too long but things will very quickly change. Let's focus on RHA for the future not the past and GR. It's gone on too long and the same message has been posted too much.




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