It really looks bad. More dilution required just to keep company afloat. CEO raising questions about financial cost of RHA. CEO wants to go shopping for a company with revenue. Prem is on the edge--will it survive ??
The CEO of Prem has no intention of making capital repayments. Wake up and smell the coffee--for years now one or two of us posters have been highlighting the close working relationship between Stephen Dattels and our own little Napoleon . Stephen Dattels IS Mercontile Holdings Limited,Stephen Dattels IS Circum Minerals. Dattels will take shares in Prem at a very nice discount. This is just stage one of the master plan--shareholders will not benefit. We are being stitched up IMO