Posted in: commodities-and-mining
RE: Premier african minerals summary30 Dec 2014 14:54
Summary
PLANT ORDERED - PRODUCTION APRIL/MAY2015
£300k + cash
£600k coming 15th January
£1.2 million worth of circum shares
Rha
$4.1 million funding to get Full production up and running.
£2.49 million total that we have covered already, £1.2 mill circum shares can be sold anytime £1.2 mill cash.
Apr-15
Tailings $2.7 million
Underground $4.6 million
Phase 1 mine
$35.6 million revenue over 18 months
$18 million profit after loan paid back
Irr 460%
Phase 2 mine
$12.8 million set up paid for by phase 1 mine
$434 million revenue over 15 years
Irr 455%
Npv $183 million
All costs paid back to prem for rha so far $9 million. Cash goes down this goes up.
West african assets for sale
Off take due imminent
$4 mil funding rns imminent no dilution and probably in RHA's name not prems
Production April 2015
This is for 2 lodes in rha there's 10 lodes total. Upgrades started on other lodes this is going to be huge. Finance in final stages now. Get in while u can below 1p.
£5 mill market cap total bargain.
CEo George Roach best in the business.