RE: 100 days from Funding4 Nov 2019 03:54
I have been here for what seems like a life time, 7 years and have watched this go from 0.6p to 3.5p and down to these crazy lows, buying on the way up and the way down.
Buying on the strength of the information provided in RNS and the fundamentals after DMOR (and stupidly listening to others), as have a large number of LTH who collectively own billions of shares some 100s of millions on their own.
What I will say is that im sure GR has wanted this to work from day one, take away his salary, take away the loans i which he has made 10% on (these have come from his trust and cheaper than bank loans) but he has invested considerably and at one point held over a quarter of all shares in issue, why the share has diluted the LTH it also diluted GR, it doesn't make business sense to do this unless you need too.
If you have read the RNS and you have listened to the podcasts and the shareholder meetings you will know that Zim and the government has been challenging.
The government now look for outside development to grow their economy and prem is well positioned with the government to finally get sign off and the ball moving and could well be the company that is an example of investment to the rest of the world, just in tie for the up and coming mining conference. Everything takes time, the best part is this time has already been and gone and we are now starting to appear from a long and dark tunnel. Hopefully this week or next we can start looking at some beautiful blue sky and with it substantial SP rises.
So its not a case of licking you finger and sticking it in the air, its a case of being positioned and ready for when things move. Those that know about the Swiss cheese effect, know for there to be an accident all the holes need to line up, the same can be said for PREM, we are on the verge of all of our ducks lining up and everything finally clicking IMO
Im not giving time scales, Im not giving SP predictions, I have listened to others before and been sucked in and probably with excitement ramped in the past.
What I will say is that this is your investment DYOR, give yourself a SP target and play your own game, not going to lie will be nice to hit a penny and finally start seeing some green in my account.
Im hugely under water but only a paper loss at the minute ...................... I know the risks but I also know the potential should everything click here.
So watching and waiting for now - GLA