Aim--I have a theory that something is going on behind the scenes,maybe our investor has "blocked" news or given George instructions. It is unlike Roach,over the years he has felt it difficult to contain his excitement when good news has been available. 2 + 2 is not equalling 4--i don't know what it is--it just feels wrong
Lucky--I think everyone would agree--the publication of the DFS is the most important news to come from Prem. By all accounts it will be an impressive document. We should know by this time next year.
Roman Wolf--glad I keep you happy. Things change Roman,good old Roach almost "promised" a stream of regular news up dates,this has not happened. As the circumstances surrounding Premier Africa change so does my assessment. I have no issue with SK. If Roach can pull a rabbit out of the hat it will please me. I am disappointed .
Some investors are still believing that a mine will be built within this financial year. Having listened again to the awful interview I would be surprised if work starts in the following year. Mr Roach put in a dismal performance when asked about mining licences and regulations,he didn't want to answer the questions--I think he is well aware that Prem will not take part in this aspect having sold Zulu to the Chinese.
johnnypc--this is an excellent stock to trade,did it for years and profitable. You are well aware that Prem SP can take off for no apparent reason. Good BB yesterday,a lot of "grown up " contributions. Acker
I cannot see any near term news that is going to energise the SP. Will still pick up a few here and there. Next range--25/30--investors will move money for the Summer months.
This is really an appalling day on the market for Prem. The shares are cheap,what happened to all the roaring lions on twitter who were queuing up to max out the new ISA. I cannot see any contra to the run on sales. Pure farce.
Drilling--must admit I am getting a little confused here. Are we still drilling for the purposes of the DFS? There was a heated discussion on the BB about how many meters Prem was drilling for the DFS,the CEO stated that the figure required for the DFS had already been reached, Surely there is a point when the drilling has to stop and those results go forward to the DFS report,if the drilling continues and more lithium is found the figures in the DFS become irrelevant and out of date. Calling the mining crowd--how does it work ? Confused
IMO the DFS will be the swansong for Mr Roach. He will resign as CEO and take up a consultancy for company. The budget for the DFS has increased as it's purpose is two fold. Yes it will be a comprehensive DFS but also a SALES BROCHURE for Zulu. IMO this is one of the reasons for the assay results not being forthcoming. Zulu will be sold.
This is just one example of mistrust. Prem Af issued a statement a couple of weeks ago slamming "gossip" and telling investors that the ONLY channel for company news was via the RNS system,any other "news" should be disregarded. So why Mr Roach are you cascading sensitive information to certain shareholders. I really thought that the CEO had "grown up"--no--same old George Roach--untrustworthy.
Snowking--I must add my pennies worth here in support of "the moaners"
At the end of the day the performance of a company is reflected in the share price. The confidence of the market is reflected in the share price Sentiment is reflected in the share price Good management is reflected in the share price.
Unfortunately the company is currently missing the mark on all of the above.
The shareholders do not have a clue what is going on,that includes me,it is inexcusable.
I have been here longer than most--the jam tomorrow strap line is wearing a little thin.