Member Info for itsallamess

Well done news... keep it up

Facts and dates help us make good choices when investing!

Untill Mondays big announcements... well i hope its big. Lots of pis been patiently waiting for this moment.

Wonder if we see a sp jump tomorrow in anticipation

"Got to look at everything we have. Last RNS gives a 16% increase in jorc quality mineral plus couple of RNSs back we talks of land for excavation access"

We allready have large amounts of resources.

Lets hope DF is writing a great RNS

Could do with some good news here to stabalize the SP

Ive said this before, here goes again.

Droing on about the past!

Ignore the past and you are bound to make the same mistakes again

With prem examining the past, how GR kperates, how he has constantly failed to provide share holder value tell you everything about the future of prem.

And here the balance i provide: left to you rampers the long list of mistakes or diberate bad choices GR has made would be buried under your deluded optimism that GR is a hero who will make every one rich.

Im balanceing you all out by pointing out facts and truth concerning investing in PREM

If you dont like it, then by all means block me, and you rose coloured view will never be dulled by my clear honest appraisals!

Its acually down rather than holding up

Its ok owning assets that are potentialy worth value like the circum shares, but isnt it better to have something that is cash generating

So if we were to sell circum shares at the value that prem puts on them 10 plus million then dilution would be a thing of the past

They could use the lot on zulu.

Its like inhefting a massive Mansion but having no cash to doit up. Better off load some of the assets and build up the others.

But as history shows not sure if GR is interested in finishing anything off

You see my portfolio! You have no idea what shares i own and dont own. And you have no idea why i never posted anything yesterday! We all don't have the privledge to sit at home contantly monitering and commenting on shares everyday!

And balance is important. If it was up to you and a few others you would gladly encourage others to invest in orem when the history of prem is most investors are locked in with massive paper losses so be carefull when you spoat morality when and if you are telling the truth are fortunate to be in profit.

Dont insult the long term holders who have been traped here along time before you turned up

From prems website:

"Its shareholding in Circum Minerals Limited is valued at US$10.2 million"

Wow... sell the circum share and put the money in RHA if its going to be so profitable!

You dont exactly paint a great out look for prem... thst i will agree with you

Thanks for that strongman.

You still dont get it. Nothing is going to happen with RHA, at least not this year and then it will just mean dilution

All GR is doing is spinning out a prossess in the hope he will get 90% ownership of the mine. And acording to GR he is talking about using other legal ways to get it, in other words the zim goverment isn't giving it up

This is just another example of what been happening with prem for years on end. Nomshare holder value, Dilution dilution dilution. Money blown on who knows what and all the time GR gets his fat wage

Why was the bara report so limited?

Dont worry bout circum, GR may well award himself them to pay his loan back!

George Roach, CEO of Premier, stated: "I am on record that there would be some advancement by the end of last week with this proposed restructure of the equity at RHA, or Premier would need to look to other legal processes to secure the remaining equity in RHA. It is simply not possible that Premier, or any other could be expected to continue to fund the ongoing holding costs and the return to production with a minority stake and no contribution from the remaining shareholders.

#So cant contibue without any contribution from remaining share holders! He means eaither a placing or closing shop on RHA

"The cost to RHA employees, many of whom have received no income this year, the cost to a body of international shareholders and the loss of potential revenue must end now. Recently, Premier established independently that it was feasible to bring RHA back into production and I believe it will be possible to finance the start of production, but not until proper legal process is concluded and the ownership of RHA reflects present Zimbabwean Government policy"

#Legal issues dont happen quick, and cost money
#Many RHA employees have not been paid this year
#Some form of finance is coming

Bottom line: unless prem gets 90 ownership of RHA then they will do nothing with it, if they do get 90 % ownership they will do a massive placing to start it up.

Question: why would you start up RHA is it is not financially viable?

After BARA report
#Prem slid after it announced the results of a consultation on how to bring one of its Zimbabwean mines back into production. The study concluded it was viable, but would cost £818,000. After 15 months, it would only be making £474,000. 

Oh thats 300.000 a yaer in travel! Questionable as many have already stated

Would also like to add:

Having a frank conversation about where prem has gone wrong does more good than ramping this with rose coloured specs. At least having a honest appraisal might well bring share holders to their senses, and thus bring about change...

The option of ramping in like ostrich buying his head in the sand hopingto convince oneself every thing is ok

And also to note some of the prolific rampers here are traders!

But as always DYOR

In the last 4 years GR has paid himself 1 million pounds. Plus been part of £300.000 spent on excessive travel and all the perks he can get...

All the while he knew that the workers on RHA were not being paid. He then states in the recent RNS that this has to stop!They call that hypocrisy....

Chippo you last post hits the nail on the head about the mis managment of PREM

Im really supprised mal that you view GR actions as morral. Can you explain to me why?

There is no comparison between GGP and PRem

As far as ast go. They are paying the bills.. st present and will be selling, thus adding share holder value. However even though i am a holder there you dont see me ramping it

And yes i am in other dog shares and the same applies, im not ramping them

As for PREM thats another thing altogether. Morally questionable behaviou IE paying yourself big bucks while not paying staff at RHA.. IMO

And by the way, having morals is very important!

Good to see a small rise in SP today. The SP in my opinion is well to low.

Got to look at everything we have. Last RNS gives a 16% increase in jorc quality mineral plus couple of RNSs back we talks of land for excavation access

All in all we have a great resource

In truth though i really think DF ned help with promoting what we have... if there was proper PI then i think the SP would reflect what we have

Good to see a small rise in SP today. The SP in my opinion is well to low.

Got to look at everything we have. Last RNS gives a 16% increase in jorc quality mineral plus couple of RNSs back we talks of land for excavation access

All in all we have a great resource

In truth thouugh i really think DF ned help with promoting what we have... if there was proper PI then i think the SP would reflect what we have

Anyone added up how many time GH has mentioned rio tintoin interviews and RNSs?

So whats the FACTs

Havieron boarders rio tinto
We have gold there
Rio are actively expoloring their land
We have just recruited someone who worked for rio
His job is to be a adviser in the area, among others of selling what we have
He will have contacts in rio.. thats a given

Ok now we have these facts.what now?

Havieron = dot dot dot dot dot = Rio tinto

Just my own guess of course :)