Member Info for Charlie1984

Kiwi what the process abs tone frame cost etc for court injunction ?

Don’t think it has anything to do with a delay more so to do with the MC even with the rise MC only £2m next door sold for $700m and with a previous SP high of 11p it doesn’t take a rocket scientist to work out the potential when this drops. Low volume of shares on offer and difficult to buy, perfect storm GLA

Because they are traders ..................

Well no reports of Corona in Zimbabwe so should still see the Grand stand finish if we eventually get our updates.
This Corona seems to playing havoc no road travel in Iraq and Airport closed for at least a week so stuck here on camp get paid in 10 days so wonder if I can scope up any more cheap shares??

There has been a few big price outsiders and a few big price runners backed in that have won The Grand National over the years and likewise not ever favorite is a sure bet to win.
If you look at this like the Grand National the horse doesn't know what price it is it just knows it has a job to do get over the fences. You could look at the Jokey as GR, he also need to make sure he stays mounted and directs the horse out of trouble.

Like the Grand National this isnt a sprint and with Zimbabwe and Global obstacles its a case of staying in the running, if you agree or not we must be in the final few furlongs, we have come through the rough and have a couple of little jumps which with the help and support of JV Partners, NEIFF and cash injection could see this achieve a Grand Stand Finish.

So we have a Webinar on Zoom 19.03.2020 we are sure to get an update or two ................................. All markets are down so dont think any one could have predicted this retrace, if that was the case you would have called the likes of BP and shorted them from £5.12 to £2.42.
My point being global Corona crisis is the cause of the drop.................................. and the reason the likes of Gold is flying.
And what is in the Green Belt of the EPO Licencing area at Zulu ? You guessed it, Gold. Recovery is cheaper than Lithium and a off-take agreement following a brief drilling program could fund Zulu if orchestrated correctly OIMO DYOR

Apologies typos on the phone

3x Trades Total of -

13-Mar-20 09:17:27 0.0745 14,748,328 Buy* 0.065 0.075 10.99
16-Mar-20 11:33:46 0.06 50,000,000 Buy* 0.055 0.06 30.00k
16-Mar-20 09:10:03 0.065 30,750,846 Buy* 0.06 0.065 19.99k

Total of 95,499,174 bought in three trades..................................... No one in the group no one on the board taking ownership which would suggest an investor or someone in the know, we are well aware that news is over due, we all know the dates that were given and have now surpassed meaning news can come anytime unless we get a RNS stating otherwise. The likely hood is that this buyer for the 3 trades is the same person . Now why would you buy £61k in PREM in the current climate unless you had hear something or new something?
Interesting observation by DYOR and make your own mind up GLA

It’s -25% down just hit a new 12 month low markets unstable anything could happen

Graham sorry for the slow reply busy at work:

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/other/14459749.html

So all shorts to be closed due to ban, this would mean all need to close, can go long but cannt go short, so should see some interesting movement in the markets............ sorry if I have just p!553d on your parade but happy days and good job by the regulators I say! GLA

News/Updates from government due yesterday and folk want an RNS yesterday or today, RNS needs to be written and checked and then issued to the market so not going to happen in 5 mins or overnight ....................................... Get real guys not to sure why everyone is making a big fuss news will land when it lands mine is ready to go its a matter of the funds we are owed or increase in ownership percentage more political than anything, however NEIFF will be in breech of contract as they are JV partners they also need to cough up or hand back.
Zulu EPO coming for the sake of a week or two I would rather not see GR rock the boat just let it play out GLA

You sold out again Acker? Very bullish and positive the other week now back to being Aker the de-ramper ........................ or is that Acker the predictable?

100% fall for recent ramping highs ........... errr you not seen the whole market ? Everything down Corona causing havoc.

Where is PREM going to get cash from and I don’t want to here RHA/Circum JV partner etc

NEIFF have till the 11th to produce funding or they are in breach of contract. In order to comply they either A) Hand over cash B) Handover percentage of RHA my thinking is 41-46% retaining 5-10% but they will still owe 5-10% of cost
That additional interest could be sold to a JV partner but don’t you worry yourself I’m sure once your fully loaded or you find something better to do you will be ramping or getting out the house for some fresh air because you full of hot air you balloon.

Think a few maybe trading the big drops on the oil stocks risky business when the oil price could drop further and news could land anytime here. Sitting right not worth the gamble waited to long to miss out on this when it drops GLA

10mins 8 sec in to this interview GR is asked about Circum he almost looks like he is away to let something slip.

He cannt as he is rstricted as to what he can disclose at the minute.

He said Circum are confident on the availability of funds to get the mine built, in the process of the route he foresees the liquidy event we have all been waiting for, dont take my word for it watch here :

https://www.proactiveinvestors.co.uk/companies/news/912791/premier-african-s-george-roach-hopeful-of-news-soon-on-zulu-exploration-approval-912791.html

As per interview Circum news/update this week as well very possible anytime now (2 weeks states 10mins in) GLA

Buying is easy its selling them that the problem ............................ all this buying and not being able to sell suggest the MM have excess stock, they have to many shares and its to volatile for them to take the stock, they are managing the sells to control the stock level that is why half the time you cannt get a price to sell and those big trades that you point out arent effecting the SP

There is no issues buying this share the only issue are selling, spread is about 7% and i needed to split my holding to sell out in 3 lots, all morning and most of the afternoon couldn't get a price to sell, was offered 0.13 & 0.14 earlier but when you clicked on sell was just saying order not executed
Make of that what you will 150% up so cannot complain and not going to de-ramp or begrudge anyone else of their profits, hope it come good for you guys.
Put my profits in PREM 17m shares today I have bought over there and averaging down, further funds from NEIFF or larger stake in RHA then straight into production within 2 weeks, also possibility of EPO which is published in the Zimbabwe Gazette first tomorrow afternoon.
Called the drop right yesterday as a OTT market reaction and made some good money in less than 24hrs, if you have profits and fancy a punt prem could be a good shout IMO, initial drop on RNS this morning but again i am calling it another OTT reaction and still every possibility of EPO news tomorrow which will see a minimum of 200-300% rise ................................ DYOR as always, over to you and GL if your here, there or somewhere else.

LARGE BUY order MM offing my owner 12 for my full holding

these sells are going to be like putting petrol on a fire watch this space