Member Info for Bottompicker

Excellent Noel

1. Revenue from MNH that prem will benefit from.
2. Expertise, equipment etc from MNH that prem can benefit from.
3. Value of Circum due for update by year end
4. Value of RHA including reclaiming debt of us $14mil plus management fee, plus plant higher fee with prem categorically not having to put another penny in?
5. Value of existing Zulu resource estimate
6. Value and potential for numerous licenses especially GOLD over history rich and proven area as well as extending the existing Zulu lithium resource to probably the largest hard rock lithium resource in the world?
7. What about Katete huge REE resource?
8. Why the billionaire mining legend Stephen Dattels invested.
9. Why Neil Herbert come on board?
10. Why does Brent Stanton owner of MNH want in on merger with prem when he already has a cash cow manganese mine?

Sorry Mol it’s me that has nearly 7% of the company not GR he is as you say a minor holder at 643 mil

molacker it’s like Boris and Jezza debating on here.

I have put forward some valid reasons why I’m invested and why I see value in prems assets but if you disagree then fine I wish you well in your trolling.
Nice weekend all.

So Mol of my 9 points you come back on 1 point In your head discount the 10% of plant to zero if you like.
What about value of
1. Revenue from MNH that prem will benefit from.
2. Expertise, equipment etc from MNH that prem can benefit from.
3. Value of Circum due for update by year end
4. Value of RHA including reclaiming debt of us $14mil plus management fee, plus plant higher fee with prem categorically not having to put another penny in?
5. Value of existing Zulu resource estimate , samrec compliant estimate btw.
6. Value and potential for numerous licenses especially GOLD over history rich and proven area as well as extending the existing Zulu lithium resource to probably the largest hard rock lithium resource in the world?
7. What about Katete huge REE resource?
8. Why the billionaire mining legend Stephen Dattels invested.
9. Why Neil Herbert come on board?
10. Why does Brent Stanton owner of MNH want in on merger with prem when he already has a cash cow manganese mine?
11. To answer Acker we shareholders (as opposed to you trolls) would only agree to more headroom if it’s to buy more MNG cash generative at fair or sub fair value.
Come on guys stop your trolling crusade against prem.

Hmmmm I wonder why ?

Fact! Current CEO holds approximately 7% of company shares and is heavily invested personally from his own pocket.
Fact! The mining (billionaire ?) Stephen Dattels is invested and could invest further imho he obviously see huge value in prems assets.
He and GR and Neil Herbert were invested or involved in running Uramin the 1000 bagger sold to the French government for 2.5 billion Euros. Fools these people? I think not!
Neil Herbert now on prems board and chairman of various other mining companies with a very successful CV behind him. Hmmmm I wonder should I listen to the trolls on this BB or do I have enough evidence to stay here for the exceptional prospects of many multiples in return? GLA DYOR ALL IMHO

Katete REE
Rare earths resource rumoured to be enormous with potential values exceeding even Zulu lithium. With the mnh tie up and access to huge plant and earth moving equipment as well as mining and logistics expertise this could be another part or prems asset portfolio largely ignored by the market that is worth many multiples of prems current market cap

Mnh is revenue generative and this mining operation is being optimised and scaled up so revenues and profits are expected to grow significantly. Prems current 10% could be producing a yearly revenue of $1 mil per year to prem initially and scaling up to $3 mil by 2022.
This can enable prem to profitable after operating costs. This amount of revenue should value the 10% stake in MNH higher than prems current market cap.
Also mnh have independent valuations of plant and equipment of us$20 mil and prems share at 10% of equipment alone excluding the mining revenues is worth $2 mil

EPO.
When this gets signed as indicated it will do so in Zim press and by Zim ministers. This will give prem access to an enormous area and in particular extensive lithium and known gold resources. There may also be many other viable mining opportunities of minerals resources from the 40+ that Zim is known to be rich in. It is impossible to put a value on this but it could well be billions and billions of dollars worth. None of this is factored into the current prem SP

Zulu.
Current Zulu area alone is worth many multiples of prems current market cap and with mnh tie up we have access to funds, equipment and mining expertise to get current Zulu to dfs. Resource estimates samrec compliant show NPVs of many multiples of prems current market cap.
Lithium prices to explode higher as EV revolution takes hold imho

Circum.
5 mil shares held can be sold for approximately us$20 mil at $4 mil a share. So £15 mil! More than the current market cap of prem. this can be returned to shareholders as a special dividend giving investors at this level a free ride on the other assets.

RHA,
Close to restart of production.
Work ongoing on electrification nearly complete.
Tie up with mnh will give us cost effective access to earth moving equipment, logistics and mining expertise.
Optimisation and further works paid for by Zim will enable profits to be generated and prem to reclaim the us$14 mil owed from production plus plant hire and management fees. Revenue coming.

I’m excited about the future here. When the value does actually become realised.
There are 5 assets that could each be worth equal to current market cap. 1 asset that could be worth 10,100 or even 1000 x current market cap

Great post Ted, again!
Idiots just can’t counter your factual research so they just troll as usual.
They don’t realise the potential and some are bitter at losing money in prem.
I understand their bitterness but it’s a sad human trait to want others to lose just because you lost.
I’m holding out for a raft of news and a 10x plus uplift in sp over the next 12-18 months.
I have met the owner of MNH, GR,BR and Neil Herbert and I’m confident this is going places very soon. Ted please don’t be discouraged from sharing your excellent analysis. We are on the runway imho

Have you considered what a merger with MnH could bring in terms of revenue?
Look up the owner.
I think this could be the route to dfs.
Epo sign off still to be concluded and the waiting is frustrating.
There are other things going on in the background I’m sure.
I think we get a raft of news to include EPO, MNH, RHA and Circum in the near future.
I’m happy to wait it out and I’m quite excited that I will see 10 x my investment over the next 18 months.
Totally de- risked on a Circum dividend

Good bye Acker

HSBC a sell then ?

They can have 51% of RHA

Will be protests here if Jezza get in