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Premier African Minerals Share Chat (PREM)

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

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Posts: 1,553
Opinion:No Opinion
RE: smilemore
22 May '19
MTL - it's a tough one. GR hasn't been fully clear on RHA money. Yes it can get used for RHA and drilling/work there but how can it be used for anything else.

My worry is that Zulu will need placements and it will cost upwards of what 1.5 - 2 million to get there. Where is that coming from?

I don't agree to selling Circum at a loss so my suggestion in the email is to explore this option if we get an offer of silly money we don't accept it and then look at other options. The contingent to sale is that we are asked first.

If the reply is a no we have to explore other ways to fund Zulu that create almost immediate drilling as it has been too long.

If people have suggestions about how we can word this for Zulu and come up with an idea to fund it then great. At the moment Circum is doing nothing, we need money fast and I can't think of anything we have to offer other than that.

Posts: 1,132
Opinion:No Opinion
22 May '19
all ok with me - with comments noted already on honest - i too am concerned selling circum at a loss too early which is needed really to take ZULU forward , or good profit contract from RHA dependant , as we need to know whats been signed up for

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