Member Info for mattwales

you cant spin a positive when every RNS has said 10000 tons or up to 10000 tons and they come up jut under half short.

Thats a breach of AIM regulations....lets hope the Nominated Advisor doesnt resign like most do when there are material breaches like this.

im not being funny but we were led to believe up to 10k tons circa $2million a month.

Hence the rushed out RNS and obviously an irate NOMAD....if they resign because of AIM breaches its game over.

more like the NOMAD was all over them to issue clarification. Lets hope they dont resign.

its like they drunk champagne on the cash while toasting morons till May when they woke up with a hangover.

acker, arent u concerned MNH got $1million way back then and there has been pretty much zero increase in production?

you usually point out things clearer than most.

it was last year Napom October time......we told all along profitable despite low prices.

Covid 19 not exist till late Jan.

Yes but PREM elaborated a nice corporate presentation told us with the $1million cash invested MNH would have production of 10750 tons by Dec 2019.

Yes but PREM elaborated a nice corporate presentation told us with the $1million cash invested MNH would have production of 10750 tons by Dec 2019.

click for the bull**** that came with $1m investment https://www.premierafricanminerals.com/investors/corporate-presentation/download?path=190712%2BOM%2BPreso%2BJuly%2B19_FINAL.pdf

Where is the increase in production???

yes but what happened to the $1 million originally given as a loan to MNH by PREM to double production.

instead PREM received 10% stake and no expansion and thats bizarre, where is the investment expansion?

I was under the impression prem paid $1million for the original stake and that cash was being invested in MNH for expansion.

it's now looking that it isnt the case.

napom, u dont get it prem lied in an earlier rns about 10k production, that a serious aim breach.

its cos the NOMAD has probably gone crazy on the company for issuing false production figures as per the 10000 tons RNS here.

https://www.lse.co.uk/rns/PREM/premier-acquires-a-conditional-interest-in-mnh-xshd65j3gs38k32.html

what do u expect people selling out because they were lied to in an RNS

u may be right could be heading back to 0.05/0.06 again.

Look, I dont think anyone at all minds dilution if we're told the truth.

After being told in an RNS, MNH are producing 10k tons a month you believe that their expansion took place.

You believe you are investing in MNH something that had doubled production.

Saturday we find its all been a sham.

I'm now questioning like acker is MNH really profitable as we have been led to believe, if expansion was in place i'd say it was a given. However, we now know no expansion.

acker, thats not the worrying thing. we were told 10k tons were being processed a month.
Saturday we find out its a little over 5k tons that they were originally producing. What happened to the expansion?

then we hear the same thing about tailings we were told Feb when he cant do anything without the say so of Zim Govt to process tailings. RHA as we know is on hold until they pay us the money/agree to move forward, therefore nothing will be processed.

not really just spooked cos the RNS clearly states they are processing 10k tons when they are not.

we were told tailings were being processed months ago then told RHA has to wait because of the Zimbabwe Govt.
You realise we will still have to wait for their approval to processing tailings? thats why im saying we're heard all of it before.

I think quite a lot are selling out because of the call.

MNH was a letdown and I agree we had been led to believe this was 10k tons.
Also their presentation states a massive liftoff and most would have bought in on that.

RHA he can say what he wants to say, its not his call. It's the call of the Zimbabwe Government who are the majority partner who are not nailing themselves down to a position.

The $110k helped but seriously Zim Govt could print off whats owed in seconds. Is it a delaying tactic so Prem goes bust.

Nothing is as it seems at any given moment and when you think Prem is moving forward it runs 5 steps back.

so many shares issued its obvious this will slide towards 0.25 once those shares are issued.

the professional investors are lucky they can loan stock sell now to bank a huge profit.

Salman investments (Saudi Arabia) is some kid underwater......it dont exist.

u mean a Salman investments (Saudi arabia) named after its king and doesnt exist.

its some fool in his underpants obviously underwater.