Member Info for Malpenn

We have two very big organisations in Camelot Capital Partners & Frasers buy large amounts of stock.

Shorts will be very mindful of this or have their been introduced to present a very attractive buying proposition.

Combination of current free float and update next week all makes for a very interesting time to hold/buy ASOS

With MA's consistent buying over the past week I can't see how the current shorts will be willing to risk a continuation of his buying power.

Anything less than the recent placing price will be attractive to MA..

Interested to see if we can some shorts starting to close now.

The shorts have done MA a massive favour..

Reducing that free float at the same time...

Very interesting read..

https://investingstrategy.co.uk/financial-news/premier-african-minerals-shares-dissecting-an-rns/?amp=1

Seems very positive and should be an interesting update to high positive nature of the RNS

https://twitter.com/that_stocks_guy/status/1666035964634882048?t=nG24zKbJpG4CkNAB5ECToQ&s=09

Previous risks:

Placing to cover short term finances.. GONE

Could we ship at quantities required at the end of June... GONE

Canmax walking away.. GONE

Jenkoo you are making out this is a one sided deal.

If GR didn't like the deal on offer he would have refused, canmax would have walked away and our very valuable resource would be on the market again.

Canmax termination would be 90 day, don't forget the holding that GR has in PREM... he isn't going to be giving that away.

More context around the Ford deal...

https://www.yicaiglobal.com/news/ford-picks-china-canmax-for-three-years-of-battery-material-supply

Https://source.benchmarkminerals.com/article/ford-signs-third-chinese-agreement-this-year-with-canmax-lithium-hydroxide-deal

Along with no placement there is also no fix on receiving the first shipment at the end of June..

All that is required is the addendum is signed by the end of June.

Risk free....

I think people have missed this one...

Further prepurchase of spodumene by Canmax from Zulu to assist with ongoing operational costs associated....

Canmax is interested in 13.14 per cent, so why would they want to see a placement. They are doing an additional prepurchase to cover any additional costs until shipments are regular and PREM's finances are covered in the short term...

Then we are money making machine...

Further prepurchase of spodumene by Canmax from Zulu to assist with ongoing operational costs associated....

NO placing either...

This deal works both ways.... Don't forget the % that Canmax own of Prem.

This is a win / win deal and the market will see this shortly...

Exactly !! It's a excellent deal, wait until the market understands...

Seems like last week's rumour wasn't true, nothing related to Vast and the release of our diamonds

https://www.veritaszim.net/node/6360

Canmax can't get their hands on Zulu via aggressive measures at this stage.

They are a 13.4% shareholder in PREM, does it make sense to squeeze your investment and very important supplier of a limited resource, absolutely NOT.

I think they will agree to lower quantities and regular shipments with cash payments to reduce the impact on our cash constrains, does it make sense for our investors to have an additional placements and reduce their holdings.

Lab results from Zimbabwe are key in my eyes to ensure the quality of the product being currently mined.

Nice 17 Million buy above the Ask...

Up we go ahead ahead of the next cabinet meeting...

Clever 3 x 5 Millions buys earlier.. buy up them sells.

Looks like it didn't happen this week.

https://www.veritaszim.net/taxonomy/term/1017

Next week is the next cabinet meeting..

3 x 5 Million buys this morning plus our 3 x 11 Millions over the past few days.

Any sold shares are being brought up quickly