The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Are you really surprised. We all knew that this is not happening in Sept and here is the proof. October it has always been on the cards. We hope that it will be done by then or under pressure to get SA up and running.
Still no sign of the sp reacting to this. As we have said long ago it is the market that decides and by looking at the sp it is deciding. October will be soon upon us so this funding SHOULD be sorted by then?!
No sign of confirmation of the Webinar as of yet, so says it all I guess.
It now looks that the shares are finally starting to come through. It makes sense as without this the sp will be in a further free fall.
His shares may have saved the sp plummeting through the 0.40 level. This has stemmed the bleeding from this "open wound". "
I am erring on the side of caution that the placement will be at 0.40 rather than at any lower levels. We need to see how this pans out over the next few weeks.
For all you rose tinties -
"The long and short of it is should Premier African Minerals fail to meet production targets, Canmax can impose crippling penalties on Premier African Minerals, which will erode shareholder value."
"Premier African Minerals have bought themselves time, but long-term shareholder value creation hinges on ramping up production in the short term. The pressure is on."