Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Prices didnt fall overnight, dont expect to rise overnite as well. If you will look at the 5y graph it went for it shoot to 3p and slide towards 0.13p which i think the rock bottom. Based on my 7 years on observation of share prices, it will revisit the 3p soon and it might
Slide again near the bottom again until production. Prices stabilises when they are producing and there is clarity financial reports.
Prices didnt fall overnight. If you will look at the 5y graph it went for it shoot to 3p and slide towards 0.13p which i think the rock bottom. Based on my 7 years on observation of share prices, it will revisit the 3p soon and it might
Slide again near the bottom again until production. Prices stabilises when they are producing and there is clarity financial reports.
Hi trebor, please check it as to composition of ownership.. as far as i know, cmdc a filipino company holds the mpsa license, foreign company can only invest in the country thru 60/40 ownership. Bezants owns 40% of cmdc.
http://www.gmanetwork.com/news/money/companies/199570/bezant-to-assess-viability-of-mankayan-project-in-benguet/story/
crescent mining devt corporation owns the MPSA license to explore in mankayan. under Philippines law, it should be at least 60/40 ownership. at least 60% own by filipino national company, 40% to foreign counterpaRT.
volume. that is 4x the daily average volume. clear em all!!
already and prices still not moving. some big sellers unloading.
Philippines govt is developing its own electric-diesel train.
good exchanges going on. daily average volume is about 4m, for the last 10 days average volume is about 6m. still a bull is controlling.
dated: 21 Mar 2018
Lithium and tungsten have been to the fore of late, but there are plenty of other strings to Premier African's bow.
Extensive Zimbabwe portfolio…
Premier African Minerals Ltd (LON:PREM) has five projects in Zimbabwe, the producing RHA tungsten mine, the Katete rare earths project, the Zulu lithium project, the Tinde fluorspar project and the Lubimbi xenotime project.
Of these, RHA and Zulu have been at the fore of Premier African’s recent efforts, although lately there has been something of a hiatus at RHA as it requires further funding and Premier is now negotiating about the indigenization conditions.
At Zulu though, continuing intercepts of high grade lithium have now taken Premier to the point where it is now planning to list it into a new vehicle. Highlights from the latest drill results include 3.8 metres at 1.70% LiO2, 5.55 metres at 1.13% LiO2, and 6.29 metres at 1.04% LiO2.
… complemented by assets in Togo, Benin and Mozambique
In Togo Premier African has the Pagala zinc project, the Haito nickel project, the Kara- Niamtougou uranium project and the Dapaong gold project. In Mozambique Premier African holds the Catapu limestone project, and in Benin it holds the Benin Speciality Minerals project, which is prospective for tantalum, tourmaline and aquamarine.
Investment portfolio adds value
Premier African also holds investments in two companies with assets in Africa. The first is Circum Minerals Ltd, which owns the Danakil potash project in Ethiopia. The second is a stake in Casa Mining Ltd, a privately-owned exploration company that has a 71.25% interest in the 1.5mln ounce Akyanga gold project in the Democratic Republic of Congo.
Chief executive George Roach upbeat on Zulu, cautiously optimistic on a deal for RHA
“Even though we made significant progress at RHA during the last quarter of 2017, the mine did not meet the guidance of profitable production during fourth quarter, 2017,” said chief executive George Roach.
“Premier has previously stated that unless RHA traded profitably during December 2017, Premier would not provide further financial support to RHA. Accordingly, Premier is immediately approaching our 51% partner in RHA to assist in facilitating a long-term solution for RHA.”
Part of the issue, suggests Roach, is that while Premier is the sole funder for RHA, its ownership only amounts to 49% under indigenization laws, and that’s making it harder for Premier to generate a return on what might otherwise be a profitable investment.
Talks are ongoing though, and with a new regime in place that’s apparently more friendly to business, there are grounds for optimism.
Meanwhile, at Zulu, the picture is much clearer.
"Whilst Premier continues with discussions with several parties in regard to development of our Zulu asset, it is clear that we need to separate Zulu from Premier to see the real value in this asset unlocked and a proposed separate listing will be the first step
you stayed here for too long knic, wrong timing to hold long. looking at the chart for the past 5y to10y, sp was on decline mode. I got some at .14 thought it was near the bottom and consolidation. soon we could see a turning corner.
this is the reason why I invested in prem. IMHO, we are at near the rock bottom of our share price. Zimbabwe's president like any leaders will always work for the betterment of their society - to do some job creations and increase economic activities in their country. soon it will be prem will hit the headlines. the 300K will be fruitful, I do hope. good luck to all of us!
Lol no ramping allowed? I got £1000 at .14p, could see a change in trading trends soon as prices is slowing stabilises. With forthcoming news, hope sentiment will change. Everyone has his/her outlook for every shares. Good luck to all of us!
with the ongoing volume, as demand will be driving the price up.
Q3: Do you think this further de-risks the project? A3: As far as I view it, the T3 project in itself is already very de-risked, it’s already had a PFS published on it and it’s moving to DFS now and whether you’ve had any exploration success, there’s already a huge amount of value in T3. In terms of de-risking, I think it adds value, exploration is always risky, always spending money in the hope that you find economic deposits. What this does in terms of de-risking it is it’s proving that the methodology for finding copper could work again, it’s only the first drill hole, it matches perfectly so we’ll know if further drill holes continue to match, in theory it should continue to work over the other domes that the joint venture is looking to drill. So, in that sense, yes, I would say it’s de-risking the project.
Q2: So, what does the result of this drill hole mean for the rest of the campaign? A2: Clearly, for the rest of the company as I already mentioned there’s cross over with Kalahari Metals the recent investment, but also in terms of our 30% stake exploration success, proving that there’s more copper out there, it’s still very early days. What we need to do is get to the stage where we’re hitting more visible copper mineralisation and that the assays are coming back with grades that are high enough to justify defining a resource and potentially something that would move to a scoping study. So, it’s still very early days but that’s where we are, and you couldn’t ask for better initial results.