Member Info for Mafs

The technical traders who are going by the charts wouldve sold at 0.2 and looking for that re-entry, PREM's destroyed the 52 week high by a long shot, so its difficult one for them to analyse. In this situation it is clear, in my view that the fundamentals trumped the technicals!

Were waiting on the News at anytime then possible JV after that. Its got fundamentals written all over it.

Trade it if you dare, I'm going for long term.

If I can hold a 95% loss for 6 years I can hold another couple more for the multibags.

GLA

Were in this for the EPO, were in this for the next EUA, were in this because zulu alone should catapult this to new heights.

IF that EPO lands, then these prices will be history.

We've already matched the November 2018 spike to 0.22! The MACD is up.

Its a mammoth swallowing up the sells like a fat boy swallowing Krispy Kremes.

If its not now, then its never IMHO.

GLA

Bring on 0.17p and an upwards finish.

Still a great entry for today's charts!

GLA

Whilst its here enter if you can, most importantly with whatever you can afford!!

GLA

Mont, its not impossible!

For those thinking that they missed the boat... thats a myth.

The boat hasn't even left yet, its still picking up passengers... yes the front row seats have gone, but if the EPO is granted then this would be a titanic.

This is coming from a previously disheartened LTH. I went in £20k with my guy instinct and im already looking at Bentleys :)

GLA

I wanted to wait until Monday.

The the question one of the ministers asked the mining minister is SPECIFICALLY the EPO's for 2 areas:

1 - Metabelaland
2 - Midlands

Now question is, where is ZULU located?

80km from Bulawayo, which is METABELALAND!

we HAVE to be on that list.

All in my opinion.

Whoever is in at these prices, well done you may not ever see them again.

GLA

Starbucks and McBride, I understand the feeling and tbh I wont even criticise you guys for it, because if you do claim to indeed be there through the thick and thin, all the placings, how difficult that period was for us all then ok, but I agree with Acker and Charlie on this.

I CANNOT AGREE WITH PREM BEING SCAM.

Thats taking it too far.

I've called it a dog, I've called it the worst stock, I've called it a waste and other names, I mean I went through hell with about 10k life savings put in over 2.5p upwards, got stick from family and and loved ones, hated my decision, but deep down it is simply economics, either PREM shuts up shop completely OR does placings to continue (BOD salaries included) until a moment like this arises where (oh God, please grant this EPO) the stars are aligned.

It is not doing any favours going down the line you both are, let others enjoy the POTENTIAL moment where Acker can plant his shallots in beautiful gardens, Charlie can finally say that his faith came through, and Snowking can finally be that millionaire.

I might eat my words here, but the feeling of being on the cusp of something along with our old timers is giving me an oxytocin buzz and its worth £20k 2moro.

I'd ask politely to let it be, and won't criticise you for your feelings here as its normal after many years of dilution and false promises, but won't support you in this decision at all.

GLA for 2moro, and please keep that faith.

The impact of the relief package being passed in the U.S. which is SOO close to home for BC's work, health centers, hospitals and clinics will be less cautious when it comes to testing and budgets.

They have U.S govt financial support so easier for BC to distribute and make those sales.

We could see a rise 2moro purely on that news especially when the U.S market opens.

GLA

Continued...

Only invest what you can afford to lose.

GLA - were gonna need it 2moro and next week.

Whoevers been trading a while will know by now that every AIM share has it's distinct people.

Many of whom have their own agenda; whether its the 'rampers', 'de-rampers', LTH's, silent traders, Institutional investors (not all have this) and you have the general punters who are here for a hit and hope. Im also here to make my money back and hopefully more.

We all have our own reasons.

I'm not on no moral high horse, neither a white night here, but I will say this, for those investing large sums without thinking, please don't, research as always and distinguish between fact and fiction.

Some are rattling £1 share price! and that Zulu is some sort of Tribal Mine that ritualistically floats about in the air and rains down lithium batteries and Elon Musk is there camping outside with a poster of GR in his tent. No please.

If you're that guy then you'll find yourself falling into the ramper category. You have your agenda to make your baggers, then **** off leaving everyone holding the bags. Thats cool, you won't be influencing my choices thats for sure.

Some of us know what Prem was about for a while, it was never about their assets per se, in fact its whata kept us all here or brought us back from the dead, rather it was simply about realising these assets and bringing about value from it - my opinion.

The issues surrounding PREM ranges from paperwork, general zimb beaurocracy, GR leadership (or lack of it as we gathered much later, but before that he was 'best in the business' as you'll hear) and other matters out side of the BOD's control like this EPO in Zimb and legislative changes.

So let's delineate between fact and opinions here for any new investors:

1 - EPO has been granted to PREM - is an opinion (it isn't baseless but we'll find out soon enough, this can go bode extremely well or go horribly bad, but we can't say its been granted)
2 - ZULU has loads of Lithium, if mined to its full potential (coupled with a DFS of course), it can be the biggest producer of lithium statistically in the world - is a Fact (yes even bigger than Bolivia, with a mine life older than your great grandma).
3 - RHA was producing Tungsten a while back and it was profitable, and still can with some work - is a fact (probably need another XRT Sorter, and parts which seem to always break).
4. - Prem is waiting to enter into an agreement/JV with a motoring company soon as EPO and DFS is established - is an opinion (where is the definitive news? Interest in zimb mines for lithium doesn't equate to interest in Zulu. Zimb has lots of mines).
5 - Share price will hit 50p or £1 after EPO - is an opinion (though quite baseless, where is your crystal ball? Rampers said the same 6-7 years ago... it dwindled to less than 10th of a penny! How would the EPO or even Zulu equate to £1+ ?)
6 - 1.7 billion shares in issue will result in very little upside from here - is an opinion (refer to SYME and countless other stocks that mutibagged even with bill

Ohh I see!! Ooops sorry! :)

If this does as everyone is suggesting, missing out on 0.005 entry wouldnt be too bad at all!

The upside is huge if indeed the stars are aligned here.

As I was saying to Morris and others getting spike at 0.11/12 should this go south, isn't too bad to recover from, as the bottom i believe is 0.004-6 range and you'll see that from the charts, so it isn't too bad I think.

Worth the shot.

GLA

Jcapal, I'm very sorry if you've taken the OP down this line, it's a misnomer.

Remember money is relative, the amount I said is miniscule to the likes of Goozeman, Snowing and others, but may seem a lot for you or others too. There's no greater or less here nor showmanship, it all depends on circumstances.

I hope you understand its not my intention, when I'm posting I actually ignore most of the new folk as I believe most of it is air quite frankly and they'll dissappear in a couple of months.

The guys I take heed from know who they are; its a collective and somewhat difficult shared experience i would say.

Wishing you ATB here,

GLA

Its nice to be optimistic and im all for it, but Guy is right... we should also be realistic as well.

I'd say over time, 1200p novacyte is not outside that realm, but will take sometime to get anywhere there especially if we don't have institutional investors coming in. If they do, they'll outweigh the traders/sellers and we'll see a gradual climb to unimaginable heights.

We need to break the 270p for anything extreme to happen with the SP.

Its not impossible!

GLA

Amazing news! Its finally passed just about. This should have a really positive affect Monday morning!

Investors can now feel much more de-risked here knowing that the U.S. govt is officially on plan with the $50bn+ for Covid19 testing!!

GDR have BC distributing their test kits in the U.S. for a slice of this as we speak... only 1% of that 50bn+ equates to 500million - its a win win!

GLA!

I've done some research over the weekend which I'm happy to share ... and I can't believe im actually saying this

...but here's to £20k worth. Im in.

I'll be knocking on your 'digital doors' should this go south =)

Hmmm what could I have done with 20 thousand assuming it'll be another false dawn? Ahhh well...

All the best, and I really really hope you guys say "I told you so" in a couple of weeks!

GLA

As someone who's also been here years back, when Afren Resources (if you remember them before they went bust) and Prem were both hot topics, I averaged over the years to about 0.8p from 2.5p never to see it come near that price again, a colossal loss, it pains me to say this principally, and I don't know how you'll take it, but in my view its worth the pump at 0.11p range to enter with what you have JUST IN CASE there's a 10 % chance Prem gets the EPO.

I share your feeling, nauseous, angry, disheartened, but if indeed there is that possibility, getting spiked at 0.11/2 is a lot easier to deal with than at 2.5p and 1p where I was.

On the flip side, if it does land, we know where this can go (not under GR's leadership no way but) with a JV to capitalise on Zulu.

Oh the days where RHA and discussions surrounding prices of Tungsten and its uses beings back food but painful memories.

These guys have it easy we know that, but its Aim and life.

Its pretty much a now or suffer a relatively bearable spike.

Can anyone create a 800% rise so I can get my investment back... yeah didnt think so?

Anyway, I'm in for that possibility this year, if not then maybe next year and so on until some fat lady in Zimb stops singing and the EPO is granted.

Assets are as good as the leadership and licenses.

All the best - especially the fellow LTH's, I would defend you all from those chaps criticising you for so called 'de-ramping' this, as they know nothing of what we've been through with this (had accounts suspended would rather not reveal the names)

All our own choices of course.
(May we never have this convo again in the future).

GLA

Didn't think I'd be returning from the dead here.. was here since the good old 2.5p days when GR was a poster boy, and averaged here until I gave up. Need a few hundred percent from here to break even, so I'm naturally cautious, mixed feelings here as you can imagine.

Here is the application criteria from the ministry for recommending EPO's:

Mining Affairs Board Criteria For Recommending EPO Applications

1.3 In making the recommendation the Board looks at the following (or should be satisfied with the following):-

1. The applicant(s)’ background;
2. Corporate structure
3. That the applicant is a fit and proper person to obtain an Order and is of adequate financial standing to undertake such operations under an EPO;
4. That it would not be against national interest to make such an order;
5. The applicant’s programme of work; and
technical expertise.

I haven't looked at Prem's finance in about 7-8 years tbh, but my concern (if Indeed I do empty about £20k into this), is number 3 above.

Can anyone grant me a weekend free of studying balance sheets and figures, and highlight if GR has adequate finance for it? Or is another placing due, or any loans, or point me in the right direction?

Most important of all, good luck everyone. I'll be monitoring no doubt.

You're absolutely right, it was agreed with the advisors that 52bn was needed to cover present and future testing scenarios, my figure was just an example. Out of the 52bn if we take a minor percentage it will shoot this SP to the stars.

All in BC's outreach, links, expertise and sales. I really hope they're quick! There's quite a few testers out there all trying for the U.S and Europe.

We have India not to forget.

Let's hope Mr Bag-ya the commercial sales dude from BC contacts India counterparts lol

GLA

Republicans are quite strongly against as you can imagine. 1.9 trillion or so is the package which is the biggest in American history.

If there's only 0.01% of $1.9 trillion for testing it equates to about $190,000,000 million.

Imagine BC do amazing in the U.S with the GDR sales bearing in mind BC's machines are widely used and therefore most common in labs, we will take a hefty slice of the market and the market for testing is humongous even with vaccines especially as they don't all protect against every strain.

The market share is there to be taken by GDR.

Come on BC!! Get those sales incentives in! Give the team a trip to Vegas or whatever it takes lol

GLA

I'm building a large holding here soon, I hope it stays at these prices which I don't think we'll see for long tbh.

We all know, and based on the charts how quickly this flies with a good RNS.

Jorc upgrade was great, possibke exercising of options around 2p from the BOD is great confidence booster. With copper I'm looking at the long term prospects here.

Soon as the ISA allowance in April opens, no doubt more will be put here.

GLA