PREM is next guys 29 Sep 2014 15:39
On genuine news coming:
MC £6mill
$5 mill cash
$300 million Tungsten resource over 6-12 years mine life
Fully funded low cost mine NO DILUTION
West African assets in sale negotiations - Gold, Zinc, Nickel, Uranium
£300k Director buy at 2p with a Loan conversion when he could have took the cash back instead
George CEO sold his previous company for $2.5 billion
Consultant accepts payment of £20k at 2p
Mining study imminent
Mine construction straight after
Off take signed
Tailings revenue $4.6 - $7.3 million in April 2015
Production July 2015 started
$6-11 million paid back to prem by RHA + 50% of any profits
Mine expanded to full production
6-12 years of $30 mill per year profit just from RHA
Zulu resource of lithium to be started next with a pilot mine
George owns 202 million of the 503 million shares in issue
about 60 million shares free float