Member Info for Martinigirl

Nelly, keep wearing the blinkers, when you're a big boy you can take them off and see the bigger picture which paints a very different scenario to that which some would have you believe.

It's your money and your choice to buy PREM but please act like a grown up and forget about the childish insults. Let's behave like adults and debate the issues. I've no doubt you can counter all of the issues I've raised with a credible argument.

I look forward to our future debate.

I've no idea why people are so excited about today's RNS.

1. Raising a mere £500k is a clear sign that the city were not supportive of the company's desire to secure funding.

2. After fees the raise is a little over $600k, $200k of which os due to be paid to Goddards in just under 3 weeks.

3. The company requires (by their own admission) around $2.2 million per month to fund ongoing activities at Zulu. This raise leaves them $1.6 million short for March.

Nothing else to say really other than they don't have enough money to see out the month. The placing shares will shortly be dumped onto the market and the SP will continue to fall ahead of the next raise. No doubt that will be another small raise due to lack of interest. Raise will be at another discount (fair play to Graham he managed to get a 20% discount today) so that raise will be close to 0.01 and it's a case of rinse and repeat until the headroom runs out in May and there's yet another EGM.

I must say I admire the Premmings, they've clearly got more money than sense.

Not too much longer to wait though before the lights get turned out

well here we are now 6 days post egm with a requirement for a minimum of $13.4 million to fund immediate debts and ongoing payments and operations up until july. $13.4 million that cannot be raised utilising the current 35 billion headroom.

there can be no doubt that prem have gone to the city asking for some if not all the money they can get from the 35 billion (it would be prudent to place the full 35 billion) but it would appear that the city just aren't interested. just over 44 million shares traded today (mainly sells) versus a daily average of around 222 million so around 20% of the daily average. prem used to be probably the most liquid share on the aim it's now reduced to around £10k of trades daily.

the liquidity is, as was suggested earlier, gone and the city want liquidity, they want to be able to sell their placing shares at a profit no matter how small and they won't be able to do that when every man woman and dig is selling their shares, unless you're hasiba who just holds truckloads or anunnaki who doesn't hold any shares but as sure as eggs is eggs will buy pretty much everything his bank balance will allow when his chart that can see as far ahead as 17th april will allow.

i'm amazed barclays let him go from the janitorial department and the city hedge funds haven't offered him many millions for his outstanding near impossible charting skills. who in this world wouldn't want to be able to chart a stock and see it would rise 6 weeks in the future. his proprietary algorithm must be worth millions alone or if its just his crayons then everybody should be buying those asda smart price crayons as they're the future of trading the markets.

alternatively you could consider that anunnaki is just full of it, cannot provide an investment case for prem and is an anti ***, misogynistic, fascist ******.

look at the facts not at the agenda. the facts clearly show that a placing is coming, an open offer or death spiral cln will happen. i don't know which but the first two offer slim hope (if the open offer is taken up), the latter will see the end of the company.

we're nearly two weeks into march and prem still owe around $172k of their february court ordered payment to goddards

Nelly, why would I promote a currently delisted share? That would indeed be a waste of my time.

Yes it's true I was consolidated out of my shareholding so I'm now an enthusiastic observer.

What I can tell you is that whilst ALGW is currently delisted, it will be back and I'll be sitting on a very handsome profit, when PREM delists ot won't be coming back and the Premmings like yourself will lose everything.

I know which camp I'd rather be in and which company I'd rather be invested in.

It always amuses me that those without an ability to argue a case resort to abuse, I still see no investment case here and I'm yet to see anyone even remotely propose one.

Perhaps you'd care to share your investment case for PREM, you must have one. Maybe you could tell be where they're getting 13.4 million from? That would be a start

It's now been 5 days since the EGM where Graham didn't offer attendees the opportunity to ask questions. All the resolutions were passed and yet, despite having no money and an immediate requirement to pay some bills the company has failed to raise any money. Why? If you have a debt that's subject to a court order and you've only managed to pay about a third of your legally obligated payment and have ongoing cost obligations why would you not seek to raise at least some monies at the earliest opportunity?

Graham has stated he needed $13.4 million to keep the company going until July, he has 35 billion shares available to utilise jn order to raise that money, and whilst the current share price precludes raising that amount, he must raise whatever he can to pay the immediate due amounts.

Are the city playing hardball? Are they refusing to participate in a raise? Have they finally had enough and realised that participating in a PREM placing, even at a discount to current price, is just too much of a risk? Will we see another open offer? The last one fell on its arse so shareholders clearly aren't interested in supporting the company. Or will it be some form of death spiral last gasp financing. Certainly doesn't look good right now, the longer they go without funding, the worse it gets.

Nelly, I'll ask you what I've asked every PREM naive Faithfull. What's your case for PREM success base on your intricate detailed knowledge of the company?

It's such a shame that none of the true believers can actually provide a logical and reasoned investment case. The facts are plain and simple and they cannot be refuted PREM doesn't have any cash, is potentially in default of its February repayment requirement and cannot raise sufficient capital to raise its ongoing requirements to get the float plant installed commissioned and tested. We still await details of the engineering audit and the associated rectification requirements and costs despite being told several months ago that information would be shared. The EGM yesterday left no doubt that yhe management team do not wish to address shareholders and answer their concerns. A statement from the CEO that was merely placatory provided no assurance and his clear unwillingness to answer direct questions suggests he does not have confidence going forwards

Yoglet do me a favour and provide me with an investment that persuades me to buy £50k £20K £10K £5K £1k or even just £1. What are you expecting news wise that withbthe share price currently at 0.235p will see me make money on an investment in PREM over the next 3 months?

I've done a shed load of research into the company and I'm confident I understand them very well and I cannot see PREM as a viable investment opportunity to make a reasonable return (outside of the trade) over the next 3 months. Longer term I would envisage a near total loss of my potential investment due to future dilution. Much like current long term shareholders.

I await your response and look forward to your detailed analysis

One does have to chuckle at the excitement a small rise in the share price has created despite the recent sustained fall and its back where it was around 3 weeks ago. Clearly Graham has taken a leaf out of the George book and realised that the Premmings will buy shares on the back now a picture of some machinery being installed at Zulu and that way he can get a placing away on the back of an artificial rise. Sadly those that bought today as new buyers or mug punters topping up will not see a return on their investment. The upcoming discounted placing will wipe out the rise today and if Graham doesn't utilise the full 35 billion then further placings will devalue those purchases further. Then there's the matter of the next EGM. How soon will he call it and how many shares will he ask for. As things stand he would have to be pragmatic and look longer term so 50 to 60 billion more along with another consolidation shouldbsee current holders wiped out with no chance of recovering their investments.

3 months installation and testing costs money that they don't have, $328k owed to Goddards for the February balance and March payment they don't have. It's a mess and quite frankly even if they can do a 35 billion share placing this week I don't see a time where PREM survives it's merely a matter of time

I'll look forward to the 0500 irrelevant SC6 price update followed by the 0600 Snowking "Acker that's great wouldn't be amazing if....." posts

God loves a trier and these guys are most definitely trying in every sense of the word.

I see Acker has now resorted back to attempting to control the discussion with their long winded AI research rather than doing to actual research.

For clarification, SC6 is a Lithium Concentrate and is subject to the current export ban

https://www.aljazeera.com/news/2026/2/25/zimbabwe-imposes-ban-on-exports-of-all-raw-minerals-and-lithium-concentrate

Zulu doesn't actually produce anything at the moment despite Ackers assertion that it produces a beneficated product, a statement he knows to be untrue. Whilst SC6 is a beneficated product, PREM does not have the required governmental approvals to export any product and no such approval would be forthcoming until such time as any product has actually been produced, and would not be given for a number of months post production as, has been preciously advised by the company, the export approval process requires sampling and testing of each individual bag of product to determine grade etc and if I recall the approval process for the 1000 bags of what we now know to be unsaleable product would take around 3 months. Therefore if the company can produce by the end of Q2, export approvals wouldn't be granted until the start of Q3 at the earliest.

Then there's all the talk of additional materials being produced, all of which would be months if not years away and would require massive investment non of which is going to be forthcoming in the near to mid term.

The only thing anyone holding PREM shares now, or looking to buy PREM shares needs to know is that the company is on a financial precipice and it could go either way. They claim to need a little over $10 million and the upcoming EGM proposes to dilute shareholders by around 75% by adding another potential 40 Billion shares and that dilution will raise less than 50% of the amount they claim they need.

This article lays out the facts clearly and concisely along with the high risk that buying PREM brings.

Acker thought that buying shares at 0.1p was a good idea and is now never going to see their money back.

Should you listen to someone that is trying their best to reduce their losses or read an independant opinion?

https://www.share-talk.com/from-aim-darling-to-micro-cap-can-premier-african-minerals-recover-2/#:~:text=However%2C%20that%20upside%20sits%20alongside,the%20content%20of%20this%20article.

Confused as to why I've been filtered by Acker, always respected their viewpoint and always happy to be proven wrong. Perhaps, looking at their recent posts they've found themselves in an offside position with a viewpoint that just doesn't tally with reality, much like many here although it's heartening to see that stalwart supporters such as Snowking are now realising that all is not as it seems at PREM and they have little to no hope of exiting that position at break even.

It's a shame that someone as knowledgeable as Acker has felt the need to behave like a spoilt child and put their hands over their ears and shout "NAH NAH NAH NAH NAH NAH" rather than debate the issues. Perhaps they just don't have the ability to put forward a solid investment case. I certainly cannot see one, but no matter what I wouldn't behave in a cowardly manner and hide away from the debate in fear of being embarrassed because I got it wrong. People of character stand up for what they believe, make their arguments and admit when they get it wrong. They don't revert to the shadows avoiding the arguments and continue to claim to have a valid knowledgeable opinion.

At 7am on 11th February PREM released an RNS confirming the order of the secondary flotation plant.

As part of that RNS, it was made clear that the supplier of the unit would ensure "Delivery of flotation equipment within 15 days"

Yesterday was the 27th February some 16 days after the RNS release and probably 17 or perhaps 18 days since the plant was purchased. So where is it? There's been no social media pictures or videos of the plant en route. George would have had a parade with an honour guard of PREM employees lining the street as the plant left the factory and have it pasted all over social media.

Lumipat, as part of your daily conversations with Graham has he told you where the plant is?

Have PREM actually paid for the unit? The RNS only confirms that PREM "has concluded the procurement, installation and commissioning contract" not that they've actually purchased the unit yet. Did Graham use the previously raised funds for something else? Are they waiting for conclusion of the EGM and subsequent raise before they actually pay for the second float unit?

There's a whole lotnof ambiguity in the 11th February RNS and no definitive news to confirm the plant has been purchased and delivered in line with the contract.

I hadn't noticed the wording of the RNS before as my head was elsewhere but looking at it now provides some doubt as to whether or not it's actually been bought.

If it hasn't then it makes the financial situation a whole lot worse and casts significant doubt on the required funding and also the ability to raise that funding when 35 billion shares won't provide sufficient monies for even half of what Graham claims they need without the $500k the plant costs (of indeed they haven't paid for it).

Perhaps Lumipat, Snowking or someone else close to Graham could ask the question as my emails continuento go unanswered.

Mercedes, the January payment was always going to be made but all anyone needed to do was run the numbers and it was clear and obvious that they wouldn't have sufficient cash at hand to make further payments. All this issue of equity has done is keep the wolves from the door until the conclusion of the EGM, if the headroom is approved I would expect Goddards to receive the remainder of the February payment along with the March payment as soon as possible after the EGM. If the approval isn't granted then the Bailiffs will move in pretty quickly.

Acker, you know as well as anybody how to read an RNS and I feel you're starting to talk yourself into all those scenarios that just don't exist.

The agreement RNS clearly states:

"The settlement amount is payable by way of an initial payment of US$400,000 due on or before 30 January 2026, followed by a series of monthly instalments through to November 2026."

Whilst no specific amounts other than the initial repayment for January were made, it's clear and obvious that a "monthly instalment" plan was set up for the remaining $2 million over the 10 month period to November 2026. Add to that that the issue of equity was for a "PARTIAL PAYMENT" meaning the remainder is still due.

Graham isn't as vague in his RNS as George was when he was trying to pull the wool over shareholders eyes. His RNS aren't vague or open to interpretation. They still owe $122,235 for February which will be a hefty chunk of the 35 billion shares

Despite many protestations to the contrary, the previous raise did not cover the required capital to continue payments to Goddards beyond January. Graham has now utilised the remaining share headroom he had to temporarily halt the seizure and sale of assets at Zulu, no doubt this has been done on the promise that the remaining balance forbthe February payment will be made as soon as possible after the EGM subject to shareholder approval.

What this also confirms is that the numbers quoted in the EGM RNS will definitely not be sufficient for the company and a further EGM will need to be called most likely before the end of March for a further headroom increase for many tens of billions more shares.

It also suggests that Graham will most definitely need to utilise the full 35 billion as soon as possible but at what price? There was very little interest for the last raise and any trust or faith in Graham that the city had is pretty much gone now.

Surely he now has to ask forntrading to be suspended pending the results of the EGM, the share price has to fall significantly on this RNS release making the 35 billion shares worth virtually nothing compared to the money they need.

It would appear that the debate has dried up aside from Jaglith usual statements on foreign visits.

Lumiipat, you make bold claims of being in daily contact with Graham yet being nothing more than an "I think" type post. Are you or are you not in daily contact with Graham? If not then admit it.

Do you know any more than anyone else? I highly doubt it otherwise we're into the realms of insider trading especially when you stated you bought 10 million more shares today. Now that does concern me. Do you have insider knowledge from your daily conversations with Graham, you've openly stated you're expecting great news this week which, since the only news the market is expecting is delivery of the float plant as already released to market, suggests you think something else is coming or as I suspect you're just full of it and doing exactly what Snowking and his minions used to do and try to manipulate the share price.

All of which is highly illegal

Apologies for my absence from the board and my big revelation. Unfortunately my mother passed away so I was otherwise engaged. I'll post my findings on Snowking and James Goozee holdings in the next few days once I've sorted out a few things. I do find it funny having spent time reviewing the posts that ProfitJock mysteriously appears and then mysteriously disappears just as quickly with his various claims when they don't materialise and he moves on to his next pump and dump.

There's so much opportunity here to make money here, of that there is no doubt, however the risks far outweigh the benefits for me at this time, and IF (that's a MASSIVE IF) , I would look at investing here it would be simply for an in and out trade on news, I don't see any long term investment opportunity here. I've previously stated that I had £100k available to put into the company, that money is now long gone and there isn't a snowlakes chance in he'll I'd put that amount of money into PREM, and it seems the city vultures aren't that keen either.

My major and everyone's major concerns should be twofold.

The company has not confirmed the purchase of the second flotation plant and the company has not confirmed payment of the $400,000 to Goddards for the first payment of the agreement.

These 2 things as has been pointed out are critical to the "going concern" statement made by the company and as such should be confirmed by RNS.

I've emailed the company as GoldDuck suggested when they stated its all been paid for but I've had no reply so as far as I'm concerned they haven't paid for the secondary float plant and haven't paid Goddards.

So where's the money gone?

Apologies to all who were hoping for the big reveal tonight. The numbers are actually more involved and complex than I had first expected them to be so I will need more time to analyse and get a complete and detailed interpretatikn of the numbers. All will be revealed tomorrow afternoon without the need for screenshots or access to trading accounts. The numbers tell the story and who is telling the truth or who is attempting to manipulate the conversation.

There's been some talk this weekend from Snowking about doubling his holdings and also saying that James Goozee has done the same, along with some discussion over James Goozee not declaring his reduction in holdings.

I've done some basic research and will do a more detailed analysis tomorrow but my initial findings are that James Goozee sold down his holdings below the reportable thresholds and didn't inform the FCA in clear breach of the regulations. I'll report those findings to the FCA and I'm sure they'll take no action but it's interesting to look at and formulated anopinion as to how he has traded the share.

I'll share my full findings tomorrow, along with my analysis of how Snowking couldn't possibly ha e doubled his shareholding this week.

The numbers don't lie, unlike certain individuals. Leopards don't change their spots and neither do chat room manipulators.