Member Info for Microtan

No need for hope because PREM has the land rights. The other party needs to check all aspects under DD.

We do this when buying a house to verify boundaries etc.

Verifying permits etc. has taken more time due to government staff being involved in election duties.

Appropriate Process Technologies Pty Ltd had problems designing and commissioning PREM's Tungsten plant and that resulted in serious delays. Manganese scrubbing plants are more common so hopefully things will go smoother at Nayega.
http://www.africanreview.com/construction-a-mining/keras-advances-bulk-sampling-testwork-at-togo-manganese-project

Who knows if 1p can be reached or even surpassed. I would never dismiss that possibility because dilution can fund valuable assets that may yield real shareholder value.

There is no need to say sorry as the future is now in sight and that could alter your jaded view.

Low volumes can hold back movement.

I sold my KRS shares back in 2016 and today bought 77k and then 23k to round up to 100k to resume my investment.

KRS needs more market awareness such as Justin Waite's podcast 9 August 2018 to refuel investment interest.

https://www.***markets.co.uk/blogs/emmerson-eml-motif-bio-mtfb-keras-resources-krs-bigdish-dish/
Sadly, LSE 'censors' this site so please replace *** with vox and fast forward to 14 minutes 20 seconds

Today's 2 RNS update the Calidus Gold and Nayega Manganese Projects.
https://www.kerasplc.com/latest-news/

David Lenigas is a consultant advisor for PREM and he assisted in the independent review that accelerated Zulu project's development. He holds 23million PREM warrants that are valid for 3 years from 1st February 2017 at a strike price 0.8 pence. PREM' share price is currently 0.175p.

There were, in fact, 4,500 international observers in Zimbabwe for the election, where teams from the European Union, the US and African states were delivered their reports into the election. The overall consensus was that the campaign was remarkably peaceful, barring some irregularities and “soft intimidation”.

LawrenceH, the Zimbabwean elections have created greater stability and the Government is addressing the cost of doing business in Zimbabwe.

The Indigenisation and Economic Empowerment Act has been revised to improve the percentage share of foreign ownership. PREM already owns 100% of Zulu lithium.

Major companies that have operated in Zimbabwe include Rio Tinto, BHP, Anglo American, Falconbridge,
Impala Platinum and Anglo Platinum.

There is a skilled mining work force and well educated population.

There is good infrastructure, road and rail, powertransmission where mining takes precedent for power usage.

dolphin5, your cut and paste point is generic to most chat rooms here and repeating yourself here obviously has no effect. Please email info@lse.co.uk to complain about serious breaches of copyright rather than adding clutter on this board. Thank you for your understanding.

Thank you Mullins for the https://twitter.com/wealdoilers?lang=en link with current videos and information of progress at Horse Hill.

In 2012, an independent report on exploratory work in the Dolgellau gold-belt suggests it may hold reserves worth up to $400million. Alba now holds a 90 per cent interest in the mine.

Snowdon Mining Consultants on behalf of the current owners of the mine, Gold Mining Wales Ltd (GMW), suggested that as much as 500,000 ounces of gold could be lying untouched in the area surrounding the mine, giving hope that gold may again be extracted from the Clogau Gold Mine. Samples taken from a 200 metre long area returned gold grades of 30.2 to 263 grams per tonne, suggesting that previously unrealised supplies of gold could potentially exist.

https://www.walesonline.co.uk/news/wales-news/could-wales-sitting-gold-reserves-2032666

The 23million warrants are exercisable at the 1st February 2017 valid for 3 years at a strike price 0.8 pence.
I hope that he takes them up very soon 😊

The Company has already received written confirmation from the Ministry of Mines and Mining Development (the "Ministry of Mines") that under the amended Indigenisation and Economic Empowerment Act, RHA is no longer required to comply with indigenisation policies and that the proposed restructuring of RHA can proceed without approval from the Ministry of Mines.

In further response to our proposal that Premier's loan account in RHA be capitalised in exchange for the issue of additional shares in RHA, such that Premier would thereafter hold 90% of the shares in issue in RHA, the Company has received a letter dated 9 August 2018 from the Ministry of Industry, Commerce and Enterprise Development of Zimbabwe (the "Ministry"), which has responsibility for indigenisation, confirming inter alia that:

· Premier's proposal as set out above has been favourably received by the relevant Ministry and relevant stakeholders; and

· Progress has been made and our continued support has been requested by the Ministries.

As the RHA shares in question are part-owned by the Government, any disposal of these shares in relation to the restructuring and recapitalisation of RHA will be guided by relevant legislation, regulation and directives. In light of the reassurances received from the Ministries, Premier will continue to work with the Ministries while the procedural Governmental approvals are dealt with.
https://polaris.brighterir.com/public/premier_african_minerals/news/rns/story/xqy0plw

That is a done deal because any "shenanigans" would adversly deter any future investment in Zimbabwe.

Past experience is a good guide but sometimes it is quickly consigned to the dustbin of history.

10 days ago PREM increased its ownership of RHA tungsten mine from 49% to 90%. The market acted very positively allowing many newer investors to make quick 20% profits hence the retrace.

That unique experience now allows the open pit resource to be extended using their in house laboratory to quickly verify the drill results. Full details including future funding are in this link: -
https://polaris.brighterir.com/public/premier_african_minerals/news/rns_widget/story/x26dplr

"The Company will provide regular updates on this drilling programme" so expect RHA news very soon.

kayzer, buys below the spread midpoint will be included in your 51million. e.g.my 0.1741p buy as an example.

I have been informed that a database of infringements has been established by Premier and stored for use by their solicitors. Premier say that they are focusing on delivering shareholder value but for the avoidance of doubt, this doesn’t mean action is not going to be taken, it merely a case of when.

Quepensa, you are wrong. Cadence have issued an RNS on DD today and it is on their website.
http://www.cadenceminerals.com/rns/

No problem whatsoever. Volumes are low as investors hold as there is news due on RHA etc.

Cadence have also issued an RNS today.
https://www.investegate.co.uk/cadence-minerals-plc--kdnc-/rns/extension-of-due-diligence-period/201808240700047356Y/

The Company and Cadence have agreed to extend the due diligence period on the Zulu Project by a further 20 days until 14 September 2018 following some unexpected interruptions as a result of the recent elections in Zimbabwe.