Member Info for ihavenoclue

Double ... the main thing for me was that we pay to get to DFS without giving away more than 50% of Zulu. we gave 30% to achieve that as I am happy because we get a bigger chunk of the windfall at DFS. Another compay 80 bagged drilling up to DFS and I am not suggesting anything like that here but a 20 bag by DFS when you add on RHA and Circum isn't out of the question IMHO

Theories are no different than opinions and they are next to worthless in the most part

Who was it here who said they had sold out yesterday?

Paid to DFS for 30% Zulu. This is now an excellent 18 - 24 month hold now. Very happy today :)

CB... So how long has it taken other companies to do the same in Zimbabwe? You clearly have no idea what you are talking about

Val, GR has always stated that 12 months is from commencement of drilling. If you hold why spread BS in an attempt to get others to sell?

Val... Do you really think January was 6 months ago?

Spot on Ledsparky

Biceps.... I agree. If there is no news or developments then what is the point? If it is just going to be a regurgitation of the last 2 podcasts it will do more harm than good

.0015p??? It's currently.0.1475p (are you willing to sell me yours at 0.0015p Soley?)

Your duty ? Good gawd you think a lot of yourself !! People invest on what they think is a good investment on a risk v reward basis and not what someone on here tells them. IF they do then they deserve to have all their money taken away from them IMHO

Why do some here think 60 days is 3 months???

�300k and 6.1m ARCM shares is �274.5m ... share price is 4.5p and we need 4.9p to breakeven ... so can't see how you can say "or anywhere near break even" to be perfectly honest !!

10% from one source rather than 10% from 20 sources is always better ... thought you would know better than that ?

Microtan .. what are you on about ? First of all the amount required to finalise drilling (remaining 30%) to DFS stage is $2.5 not $5m as you state. Also sort out RHA before Zulu ? You must be mad. First of all Zulu JV's offers were small so "Get it to scoping study/PEA" and they will be better. Now you suggest waiting another 12+ months to entertain offers ? You are living in cloud cockoo land IMHO PREM are NOT going to wait for your pink spec version of events. They are in final stages of negotiation with a Zulu JV, or they had better be as it is well over a year now, and the deal will be based on PEA to take Zulu to DFS. If we end up with 50% plus it will be a realistic deal. To think we can get to DFS with 100% of Zulu is deeply deluded IMHO

Moneytolose ... do you even keep up with what has been said ? GR has said if there is an IPO he can loan money based on the holding in Circum. Do try to keep up ;) ChinaBlue ... how would we 'waste 2018' based on Circum ? The Zulu JV, IF GR gets his wish of payment for drilling campaign plus a few million extra, would then enable Zulu drilling to start again and start the clock on the 12 month countdown to DFS. How does any of that rely on Circum ????

Bick ... seems to happen whenever there is a snippet of news it gets turned into something it isn't and then people run with it

NaPoM .... it WAS mentioned in the Scoping Study .. pretty clearly too

Haddad .... so why hasn't he ?

"Spokesperson of Premier African Minerals Mr Fuad Sillem told our Harare Bureau last week from his London base that the firm is lining up a $64 million investment for its Matabeleland North venture. �We completed a scoping study on the Zulu Lithium Project at the end of last year. The study demonstrates a technically feasible and economically robust lithium project. We are looking to secure the funding as soon as possible. We are currently in discussions with a number of strategic groups with regards to the financing of the feasibility study of the project. �We have invested a significant amount of capital on exploration drilling, resource estimations, metallurgical test work and other engineering studies. The project will cost around $64 million to build, with peak funding requirements of only $38 million. The project will generate 452 direct jobs and make a significant contribution to the local economy,� he said." ------We are currently in discussions with a number of strategic groups with regards to the financing of the feasibility study of the project.------ So NOT $64m but more like �4.5m (�2.5m drilling to DFS - �2m on top for operating expenditure)