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Just need George to post a picture of himself with a bar of Tungsten on his head and we'll be off to the races!

Looking at the chart here we've been in decline since 10th July. Could be the 'A' correction from a 1-2-3-4-5 elliot wave starting Dec last year (or maybe wave 4?). Can see 45's getting hit, failing that 43's which ties in nicely with
38.2% fib retracement from same move Dec17 - July18.

May find support there. I still would've expected more buying interest considering assays could drop at any time. On the plus side, sell off has cooled the the RSI considerably

Buy the bounce @ 2.5ish?

The mans building an empire!!!! Great deal great structure great curveball

The placing was done for several reasons. Firstly, at group level the cash was needed. This was clear to anyone who has read the full year results.

Secondly, drillers have been mobilized to get a "head start" at RHA. The future of the open pit is clearly still up in the air so getting this drilling campaign started asap will lead to a definitive answer on open pit operations sooner rather than later.

Thirdly, getting the placing away at .18p is not to be sniffed at considering the SP has been below this for the majority of the past 6 months.

Fourthly, and most importantly, there are several significant news items expected in the next few weeks. The placing is done, its out of the way, we are funded, get over it. The big hitting news items can now be released without the dark cloud of placing rumours holding things back.

We are in for a serious run up in SP here off the back off Barra Consulting independent RHA report, Zulu JV deal completion, RHA drilling, Zulu drilling, RHA JV/offtake deal. All of this is/will be funded.

I think it's clear from the markets reaction to the .18 placing that things have turned here. We are sitting around .2p whereas previously we would have sunk way below the placing price. There is just too much significant, imminent newsflow here to mark this down any further. Expecting another RNS by end of this week/start of next week and this time there will be nothing to hold us back.

Congrats on your sub-8p buy in 👍

The majority of posts on this board are from bitter investors who are seriously underwater and blame GR for that. I'm sitting at a paper loss here but blame nobody other than myself for not selling on numerous occasions whilst sitting on triple digit %age gains.

Looking forward, todays placing was the elephant in the room - GR stated it was coming, we knew it was coming and quite frankly I'm glad its done and out the way (admittedly I wouldn't have done it the next day after a positive update but that seems to be the GR modus operandi).

Looking at PREM with a clean slate... the company is on the cusp of being in the best place it has ever been. After today, all short term cash worries are gone.

The Zulu JV deal looks to be a formality and should be signed and delivered in the next 1-2 weeks. That will see an initial £1.5mil injection into Zulu and will get the drillbit turning to improve/upgrade the current (already impressive) resource. Newsflow galore.

The RHA equity situation looks like it will be resolved imminently. A new drill campaign is kicking off, again providing lots of newsflow and hopefully further confidence around the resource. Its starting to sound like PREM will have another shot at getting this thing producing against a backdrop of much improved tungsten prices. The saving grace this time however, is that PREM will soon have the equity to pass on to a JV partner if/when necessary.

Fastforward a couple weeks and where could we be? A holding company cashed up for 2018, a strengthened board, a world class lithium mine fully funded through to DFS with JV partner on board, drillbit turning, 90% holding in RHA re-entering production, drillbit turning and offtake/JV partners waiting in the wings if necessary. Not bad for a £13 mil mcap which is essentially fully underwritten by our holding in Circum (IPO Q1 2019 anyone?)

Over 1/2 billion shares traded off the back of 1 of several transformational news items to land in August.

Interest returning and a clear route to building shareholder value via non-dilutive means. PREM has turned the corner at last.

Breaking resistance at .265 should see us snap up into the .3s in pretty quick succession. It's going to be an interesting week here lets hope the volume and momentum remains. All eyes on KDNC Friday.

Does anyone know how KDNC intend on funding their initial payment if the PREM HoT investment is finalised? The initial payment is for $1.5mil, potentially due in the next few weeks. As far as I can see, KDNC had around £2mil cash @ year end 2017. Are there enough pennies left in the hopper?

Mike Buck, CEO
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Sara Powell, Comms
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Half way through the 70 day estimate. At the very least we will be through the first target (20MMBO). Drill bit will likely be near/drilling the area marked as "potential upside" in Matds latest presentation. It looks like MB is remaining tight-lipped until TD is reached. Any hint of oil from SL and, at 8p, this goes north quickly.

Looking forward to the end of Aug for this one.

Well I got my quick run to .26 but it looks like the .27 resistance stopped us...for now.

Holding .23p today would be a good platform to have another go at the .27p resistance. Follow todays news up with $5.1mil done deal on Zulu this week and .2s should be a thing of the past.

Break .27 and its straight to low-mid .3s

Continually. Can see a quick run up to .26p level today

So the first of the big-hitting news has arrived. GR flexed his pringle-shirt-sheathed muscle and the Zim Gov have responded amicably. When final sign off on RHA is received there will be further transformational RNS's detailing JV/offtake deals and are preferred route back to production.

KDNC/Zulu DD is nearing completion, transformational RNS expected this/next week.

Share price and sentiment have taken an absolute battering, and rightly so, over the past 8 months but things are about to change. With the newsflow that is anticipated, joke MCAPs can no longer be justified. Expect a fast and hard bounce back to 2017 levels i.e. at least a bag from here.

Thanks for the updates micro. Good to see affirmative action on the RHA situation. Zim Gov missing out on some good publicity if they don't act now.

So end of Aug... Zulu fully funded to DFS with drill campaign kicking off and RHA situation finally resolved. Looking forward to sentiment turning.

Missed first 10 minutes of call... anything interesting said?

So here was my anticipated newsflow as posted end July:

27th July - AFS released ✓
27th/30th July - Suspension lifted, PREM trading again ✓
30th July- Zimbabwean elections ✓
9th Aug - AGM
AUG - Mnangagwa sign-off on RHA equity resolution
AUG - Barra Consulting report on RHA
AUG - RHA funding/option decision
AUG - RHA out of C+M, funded
AUG - KDNC/Zulu agreement completion
AUG - Drillbit turning at Zulu, DFS underway
SomeTimeThisCentury - Circum IPO

3 nailed so far, AGM tomorrow where we can expect an overall update. Then its onto the big hitters, lets see what GR has to say about RHA sign off tomorrow...

We're very near the long term rising support here. Funnily enough its almost perfectly timed with upcoming drill news. I'm expecting a bounce from low 8's that'll see us to at least the horizontal resistance at 13s. If the SL news is right its 20's next up. Great buying opp at this level.