The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Good suggestion Strongman. Perhaps you could ask GR at the webinar tomorrow if the trust fund could agree to your suggestion.
To keep dilution to a minimum the transfer should take place when repayment is due in November. By that time RHA should be in production and the SP could be much higher than now.
Strongman I apologise for assuming that you possessed a crystal ball and thank you for your detailed reply. It was much appreciated.
GR has informed me and I quote, "IRO [in respect of] my comment on the core, it had not been assayed at that time but I was present when it was recovered and the visible massive wolframite was plain to see. Probably more important is that the geological structure extends to depth."
It shows that RHA open pit shows all the signs of having more immediate value and life than previously expected.
We now need confirmation of the drill core results and of course the Zimbabwean officials to sign the long-awaited legal documents.
Notwithstanding long-term holders’ genuine anger and frustration about holding large losses, IMO the 'private action group' would do far better urgently petitioning the Zimbabwean President before trying to remove the man responsible for negotiating PREMs 90% ownership of RHA.
I did not make a "mistake" as you you put it. Like most people would, I searched using Google and came up just your first option and reported that it was wrong.
I now see that you used the twitter search option and discovered option 2.
That answers my question about time descrepencies that appeared somewhat coincidental and I regret that replying was tiresome for you.
Like most mysteries, there is an explanation.
That said, I shall look out for the "MASSIVE NEWS" just i case it is actually about Zulu.
I agree with randomaxe that some much needed good news is needed, this week or whenever it arrives.
sharecrew, bit quick reaching for the filter, whatever.
I was using the term "feed the kids" metaphorically not literally. I would never risk my kids future or my own by gambling on AIM. I secured our futures many years ago.
You say that you are trying to make money here for your kids future. You could just as easily lose money so if your kids are important to you then why gamble. There are plenty of safer options open to you.
Strongman, you posted https://twitter.com/sharecrew1 (with the 1) at 08:53 yet the first time this was given out as the correct twitter account was by sharecrew at 08:57, some four minutes later.
Nowhere before that time did sharecrew give out the correct twitter account so you must have a magical crystal ball.
Can you please explain the time discrepancies?
Strongman, sharecrew did not include the "1" at the end of the twitter account. How come you knew that?
The screenshots repeat what GR said last week and nothing new. GR is asking to wait a few days as he expects to release the Barra preliminary report on RHA. He also said that last week in the proactive interview so again nothing new.
As for sharecrew having to feed his kids, that is simply a sob story. He should feed his kids before gambling on AIM.
https://twitter.com/ShareCrew does not show any screenshots. This is IMO a scam.
Charlie1984, has somebody hacked your account?
Yesterday you were saying about the media video interview with GR, "Very good listen".
GR has already stepped down as Chairman and his successor is taking on more responsibilities.
No randomaxe, not everyone understands the nuances that can be detected by close observation.
You say that the interview is what GR has "been saying for at least the last couple of years". Odd then that it was about events only occuring recently. e.g Cadence this year and a recent changes in Zimbabwe.
It is 4 Weeks since RHA drilling began and the core samples are being analysed locally by PREMs in-house laboratory.
I anticipate seeing an RNS ahead of next Tuesdays Webinar where we will get a detailed verbal update and also the opportunity to ask questions.
Looks like they are panning things out to allow time for essential environmental studies affecting the Snowdonia National Park.
"the appointed consultants are continuing to undertake certain baseline environmental studies which are an essential part of the re-permitting process involved in the reopening of the mine."
Longlad, I am very self critical and sometimes unjustifiably.
I should have seen that Cadence simply did not have the clout to pull it off.
That said, I look at the here and now and the market appears to have calmed down a little.
RHA news is due soon and I will be watching out for that.
Todays RNS looks encouraging as Russell Lamming, Chief Executive Officer of Keras, commented: -
"The identification of a significant new area of outcropping mineralisation at Nayega further lays the foundation and increases our expectations for what we believe will become a new low capex, low operating cost manganese producer.
We have been very active in the area since approval from the Togolese Ministry of Mines was granted for the 10,000t bulk sampling testwork programme and we are looking to increase the current 14Mt JORC Resource.
We have now employed a team from the local community which has, to date, been involved in the preparation of the bulk sample site and will now move over to the Ogaro area to commence a pitting exercise."
randomfella1, the reason behind you asking me if I think GR is a leech is because you are down about 450%. If you were up by 1% then you would not have asked me or anyone else that question. GR has a substantial shareholding in Premier, so he has more to loose than you and other's here.
It takes two to tango and Cadence walked off the dance floor leaving GR to find a new partner. GR was willing to extend the Due Diligence process to allow Cadence more time to reach agreement.
I think that Cadence being financially overstretched was the root cause of yesterday’s adverse market reaction.
You accept that you “may as well stay here”, so must have a valid reason to believe that Premier is still a good bet to recover at least some of your losses.
Zulu’s lithium is still there and RHA could still be the catalyst to bringing it into production. We need to see RHA Tungsten ore being exported in decent quantities to finance a Zulu Definitive Resource Statement. That DRS will determine the viability of Premier being able to advance Zulu into production.
Premiers CIRCUM shares may also support the future funding of Zulu. Circum Minerals website is still showing “currently under maintenance”. Something is brewing there.