Member Info for Jamgoo

What do you make of their cash position v market cap

Looking at multiples of current sp from each of the following
RHA back in production
Epo procedure finally concluded
Circum liquidity event
Mnh ramp up of profitable production
Katete REE JV

Well what a frustrating ride in Prem.
Zim Govt just take forever and ever to deliver.
Circum also long overdue.
With hindsight I could have sold some at 0.18 and trebled my holding at these levels.
I doubt that would have worked in practice.
I’m holding for the game changers that I see as
Zulu EPO and the lithium and Gold potential there.
RHA finally generating revenue, back into profitable production with the help of MNH.
Circum one day producing an incredible dividend payout for shareholders and a cash injection for the company.
Finally exploring Katete REE.
Further tie ins with MNH manganese mine and their management team helping prem to deliver revenue.

I’m still confident there is a huge payday coming.
Is LTH’s deserve it.

Long term hold for me and I’m still looking to add at these prices.
I still think the EPO gets rubber stamped very soon, RHA back in production either with funds from Zim or a change in equity %.
Circum situation can’t drag on forever.
Gold flying, REE and lithium make for great assets all in my humble opinion

Good luck long term term holders here.
Let’s hope prem can unlock some of that huge potential.
I take comfort in Circum shares being worth similar to current market cap.
Then the upside potential from Zulu lithium alone could push this to pence per share.
After EPO the gold prospects and historical grades within this area look amazing.
Rare earths prices are climbing aggressively and Katete is rumoured to be exceptionally rich in numerous REE. Then there is MNH manganese stake to consider and RHA tungsten back into production.
Perfect storm brewing. All in my opinion DYOR.

You are my hero Acker. If I could trade this like you I’d be in for free by now.
I’ve posted honestly but seems trolls like always be lying Don’t like that

I’ve heard of people with split personalities but me being me and mr Magoo and gr aim legend on twitter is pushing it. Yes Elmwood I’m just telling people on here my views as to why I have a large holding and I’m looking to add rather than trade. A few people have direct messaged me on the subject of prem and my holding so I thought for some it might be valuable insight for others may be a great source of amusement, who knows.
If the sp runs higher, great I have 7+% if not I can continue to add at what I consider to be very cheap prices for the reasons I’ve stated.
Gla

There has been a few posts about my holding here.
I have been building into this for some considerable time however my average price remains quite close to current levels.
There was an opportunity for me to sell some for a very good profit on the recent move to nearly 0.2 but I’m still trying to add to my holding with a target of up to 10%. I see numerous major news releases possible even probable in the coming weeks.
EPO with huge area and numerous additional licenses. Gold ( price rising) is an obvious one where Zim is rich particularly in the areas covered by a EPO.
I like the lithium story and think this dip in prices is a calm before several storms where the price explodes higher. RHA I think prem will secure more funding from Zim and make further enhancements to the mine coupled with massive opex savings via MNH expertise, experience and equipment. This could be back in profitable production very soon. APT prices could well recover as certain analysis predicts. If RHA is not to be profitable why would Zim fund the recent electrification? Zulu Lithium I expect to be huge and we are waiting for the EPO and additional area before taking the next steps. Possibly jv partner(s) waiting on this.
Katete REE in my opinion will be explored further once EPO situation or RHA funding and production begins. The prices of some REE have rocketed and Katete could be a very exciting opportunity for prem again with MNH assistance. Mnh manganese is also exciting even though prem currently only own 10%.
Then imho all the risk is suitably underwritten at current sp by our Circum shares which I believe are worth 2x current market cap. A 200% dividend is possible although a 50/50 split between dividend and funds for Zulu DFS and or further exploration at Katete may be preferred option.
There have been many frustrations along the way but there is huge value here waiting to be unlocked
All in my humble opinion.
Long term holder building a significant position here.
I’m not trading this at all although I would if we got a significant rise in price from here I honestly believe 1 p is possible in the short term and several pence a share in the medium to long term. I’m happy to share my thoughts and reasons for my investment
Gla genuine investors

Thanks.
Let’s see what the new year brings.
I certainly wouldn’t rule it out.
All the best for 2020
Come on Prem!

I think so.
Been plenty of false dawns here but now in my very humble opinion the risk reward is skewed favourably for me to add to continue adding to my holding.
A Circum liquidity event (and subsequent dividend) could be equivalent of 200% of current market cap. That alone is bonkers.
Then separately RHA can finally progress to profitable production with MNH helping to reduce opex and nieef/Zim paying for further development of the mine by way of decline shaft.
Why electrify if you are not going to follow through with it properly
Epo is a company making game changer.
Zulu, katete ree and Mnh manganese are all going to be massive in my opinion.
Lithium prices have been disappointing so far but they and APT prices can go much higher in the near future. Some REE prices are rocketing.
A few things that can land soon can cause this to rocket. Gla genuine holders

If Circum doesn’t realise 2x what we paid for it.
If RHA doesn’t get more funding and become profitable in 2020 then I’ll eat my hat.
If we don’t get EPO opening up enormous opportunities for prem and if both RHA and Zulu are not unimpaired I’ll be very much mistaken.
I’m a big fan of Katete potential too.
I also like MNH manganese and the benefits a tie up with them brings.
These are the reasons I’m accumulating shares.