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Yes always nice to see additional director connected purchases. I'm sure she wouldn't have invested an additional nearly 20k at 4.15p if she didn't see a decent profit to be gained but thdn she does have people around her to gain info off. Mind you doesn't take much to see that Primorus is heading much higher.

RE Tue, 29th Mar 2022 07:00
RNS RNS Primorus Investments PLC

A pretty good outcome I would say, getting Bushveld shares at .098p. I am also a holder of Bushveld and strongly believe the current sp of Bushveld to be under valued at .12 (current range ) recently been over .14p. Another liquid investment to get Primorus to be valued closer to net asset valuation rather than the undervalued situation we are at. Just hope we don't get tangled up in murky investments again.

 

Another reason that we should all believe that Primorus is in very good hands for the benefit of all shareholders. Be interested to see the outcome of the Mustang/Bushveld backstop arrangements.

It's just been announced that the Garnet claim against Bushveld has lost so Mustang can now proceed. So whether our investment into this now proceeds or the CLN with Bushveld I don't know. Time will tell. Should create some buying activity
One thing I would say is don't sell your Prim shares they will be worth a lot more in the future.

Rise is due to UJO's news re Wressel. Egdon for some reason hasn't Rns'd the good news.

Good to see Prim investing in a placing in Rambler Metals which is a liquid investment. This is a company I am following myself and hold an investment in. Placing at .2650 it wasn't that long ago the sp was above .40p but a placing was a strong possibility so the sp started to struggle and was around .31p before news of the placing broke. A nice profit will be obtained from this investment. And no mystery either.

Yes it's a bit dead. I'm not passing through but getting a bit frustrated. Must be due some sort of update re Mustang or a more detailed explanation. Not sure what to make of today's RNS re investment hope it's not going to be as complicated as the one with Mustang but as both if they happen will be listed investments at least a valuation is going to be more straight forward. Time will tell but in the right area's though.

Once we get deals that will bring in millions then the SP will reflect that. Can't be far off now, perhaps even wks. I'm in accumulation mode and will be holding for either the deals to come to the table or a bid from a large player. Either way not long to wait.

My mind is telling me that the project is fine and would normally get approved. But the reason for the rejections is UKOG and the history behind it. I have no position in UKOG I did have and keep an interest.

Nice to see that Oberon Investments have carried out research into Truspine and keep on recommending them to the wealthy clients they have, shame the current sp doesn't reflect the potential, I hold some and may add some more in due course.
Prim's sp should be starting with at least a 5 rather than it's current price but as soon as Mustang gets sorted the path to a bright future will become clearer.

Scott240.
You are out of order here. Why lie?

PrimForAll
Well said, needed saying, unfortunately some of these keyboard warriors need putting in their place and your post just does that.
Obviously you can only update via an RNS. But to say Scott 240 was quoting incorrect info will steady some nerves if anyone was worried. Let's hope this gets sorted soon for the benefit of all shareholders. Good Luck.

Thankyou RKBeekeeper & Primforall for your replies it is appreciated. All the more reasons to hold Primorus shares and add when you can, which I have been doing. Just below the 3% thresehold at the moment. Just awaiting the Mustang situation to make things more interesting moving forward. We are well undervalued at the moment but that will hopefully change in due course. Good luck all.

RkBeekeeper.
Thank you for your detailed sharing of thought/knowledge of Primorus it is certainly appreciated by myself.
Can I ask how you arrived at your valuation of Zuuse ? As they aren't traded at the moment, unless I am wrong. Also if not do you or Primforall have an idea when the value could be realized If Prim wanted to ie plans ? An update re Mustang hopefully will come soon as expecting excellent rewards with that investment. Please of course.

Pennydealer has been hanging around this board for ages like a bad smell giving us mere mortals investment advice only problem is I don't think anyone listens. Pennydealer are you someone who lost your shirt/blouse at some point so you are bitter now ?

So Pennydealer if I purchased a 50% share in a company which is trading but doesn't have a stock market listing does it mean that my 50% share is worth zero ? Talk sense please. You have a massive vendeta against Gun care to share ?

Well I'm not selling any, it would be financial suicide to sell shares at a 30% discount. I would give someone let's say £1'000 and get £700 back that's basically what someone would be doing if they sold.
Based on The RNS and figs at Dec. Assets worth 9.4mill (including cash (4.67mil) but not all value has probably been calculate current market cap £7mil. Since then we have Mustang which I believe will be fantastic arrangement and once Mustang gets re-listed in the next few mths the value will start to be seen, plus potential of decent growth from Fresho, Engage and Zusse. So believe we should be trading at a premium. Look at some of these companies valued on thin air investors pile in on guesswork etc etc. With Primorus you don't have thin air. What a company to be involved in. I reckon 7p by end of the year min 6p.
Good luck all.

Just purchased 32411 shares at 46p which due to current bid/offer spread is showing as a sell.

Yes now is an excellent time to purchase will be over 2p again soon.
Don't listen to Pennydealer he/she or another gender has a massive ace to grintd and is unable to move on. I seem to recall Pennydealer saying bitcoin was a better bet when bitcoin was above 50'000 look at it now.

Does anyone listen to Pennydealer these days ? Just interested. I stopped listening a while ago.