Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Joey2024 another Warren Buffett quote -
“Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble”
I see PREM as an opportunity and I have got my bucket out and am definitely not hiding it because there are derampers about.
Warren Buffet random quotes just for Joey2024
“If you aren't thinking about owning a stock for ten years, don't even think about owning it for ten minutes.”
JOEY2024
Perhaps you can enlighten me more on the $800m loss from Tesco shares as I am always open to learn more, no-one knows everything just some think they do - Billionaire investor Warren Buffett, staring at an $800m spillage from his stake in Tesco.
Raaydaar - Reality check needed.
So in 2016 - 2017 you held Prem shares, within that period there was definitely a period when there was an option to double your money if you even only did 1 buy and 1 sell. I have never owned shares in a company that has only ever increased and mastering exactly when to buy and sell is as good as impossible to get to perfection. Not buying back into a company you have lost money in is a personal choice, trying to influence others to either sell or never to buy or hold shares in company because of your own past choices which ultimately lost you money is unjustified and deramping. Every listed company will have someone who has lost money. Use what you have learnt in the past to good use in a positive way on shares you believe in and move on. I never want anyone to lose money trading for personal gains but it is inevitable, I invest in companies I believe in not CEO's, I might chose to avoid a CEO I didn't trust but I would try to influence others for this reason. The company is bigger than the CEO - CEO's come and go. PREM looks extremely strong and investable as a company - Lithium, a functional mining company, Canmax investment, potential of massive growth etc and this is why I am holding and topping up (with a very good profit already) and have not sold any yet, I obviously believe there is a bigger profit to be had. I own my choices and learn from the experience whether it be good or bad, I definitely don't like to see people consumed with negativity and inflict this on others. Imagine sitting on an aeroplane taking you to your dream holiday and the person next to you doesn't stop telling you we are going to crash we are all going to die, it has happened before so your going to die, we are all going to die (I see lots of the derampers on here as that type of person) Perhaps if you move on losing all the negativity in your life you will be a happier person and can understand why others don't want to waste their time on other peoples grudges and misfortune. It would be good if others take in what I have written even through I have directly responded to Raaydaar. Good luck to all and happy days to all.
FACTS:
General disclosure of price sensitive information - An AIM company must issue notification without delay of any new developments which are not public knowledge which, if made public, would be likely to lead to a significant
movement in the price of its AIM securities. The price is where it was a week ago (yet we have had to put up with the negativity postings), until agreement has been signed by both CANMAX and PREM what exactly are the likes of Raaydaar expecting????? WE HAVEN'T EVEN GOT PAST THE INITIAL DATE GIVEN BY CANMAX. I expect an RNS prior to the AGM which starts 26th of June 2023,13:00 (BST) or Canmax stating they have extended the time in which to finalise the agreement showing they are all for getting a deal agreed and signed.
In the last 30 days Raaydaar has posted 120 times in PREM (Extreme negativity in my opinion) and 3 times in ALGW (of positive nature in my opinion). Why would someone devote so much time and effort negatively on a share they only hold a grand sum of £5 if they didn't have a hidden agenda. Raaydaar uses the word GUESS to predict PREMS future (obviously this is not fact) and also tells others not to believe anything a CEO says unless it is in an RNS (Why would you believe the likes of someone who questions everything and anything without the RNS). I AM HAPPY TO WAIT FOR THE RNS as it will be factual and not like the drivel from GUESSING DERAMPERS. If a company always has buyers for their shares (like PREM does) it obviously can't be as bad as the derampers portray it to be - £467K bought today.
Many of us PREM shareholders are fed up with the actions of the derampers on this board but we have not lost any confidence in PREM as a company. Why take any notice of the ones who fail to place their money where their mouth is (people like this only look after themselves or are extremely bitter and twisted). Time will give the answers, not long to wait now. If you believe in yourself anything is possible. Life is so much better without sad derampers, deal with them however is best for you.
Raaydaar - ENJOY THE PROFIT ON YOUR £5 and it might be good to slice or even sell when it is worth £10 if you are an extremely cautious investor.
LOOKING GOOD FOR PREM, even Raaydaar can enjoy some profit (as long as losses outside of Prem aren't of greater value).
Being that Zimbabwe is the only African country that is a top 10 producer of lithium - Canmax Technologies is a major investor in Premier African Minerals - Canmax together with CATL (the world’s top battery maker) own Yibin Tianyi — a major Chinese lithium hydroxide producer. I stand by what I have said in previous posts in that the expected new agreement between PREM and CANMAX will be beneficial and positive for both companies and OBVIOUSLY US PREM SHAREHOLDERS.
I expect to see some tree shaking and additional extremely negative postings out of desperation with the hope of unnerving some investors into selling, I remain extremely happy to HOLD and await the official update, the bumpy ride is what I expected (with even bigger gains to come). GLA, enjoy.
Shareholders of PREM show positivity to the expected agreement with CANMAX (of which I am one) and we are awaiting the official update to support our positivity in holding PREM shares, this is our money invested and of our personal choice.
NON SHAREHOLDERS of PREM with no money invested have set out to spread extreme negativity on this BB for their own personal calculated objectives. They want others to believe the only reason they are doing this is in the sole interests of others - TOTAL B***SH**, they claim to know what is going to happen in the future and present this as fact (Yet more B***SH**). If they truly were that good at business, understanding companies and SHARE TRADING why would they spend so much time in a negative way rather than using it in a positive way somewhere else and actually making money instead of being so bitter and twisted. If they could actually make money from shares and were of a genuine selfless attitude they could donate to GOOD CAUSES instead of posting infinite B***SH**. These people ignore true facts and challenge anything and everything positive to the extreme.
So many on this BB have lost interest in this BB solely because of the actions of the uninvested derampers. Not long to wait now. I am just hoping the derampers (dark clouds) disappear from our sunny skies, I fully support Snowkings views.
Agree,
ORR definitely appears to be under the radar at the moment and therefore needs something big to stimulate the trading back to historic highs. Getting in early and waiting is not a bad thing if you have the spare cash (this is what I have done here). The board has been buying since 2021 and shows their confidence, this is just one of the indicators I use to help me choose whether to buy shares in a company, obviously not the only indicator that should be used.
Hoping the old saying - Good things come to those who wait comes true here.
FILTERS - When in messages FILTERS (Grey box) is next to red SHARE CHAT box, hope this helps.
GOOD times to come - PREM investors will be rewarded - This appears to have brought out all the NAYSAYERS - DOOM and GLOOM trolls from KOD, I take it they have given up on promoting KOD (wonder why!!!!!) and instead desperately want to INFECT US PREM HOLDERS with their sad and desperate mindset (remember they are not even invested in PREM). The DATE of 25th JUNE 23 was given for a reason (it wasn't just plucked out of thin air) I am happy to wait until we receive an official update which should be by the end of 26th June 23 at the latest.
I am not selling either I don't want to be out of this when things do all come together. I watch CANMAX and think a deal will definitely be in both PREM'S and CANMAX'S interests and therefore GOOD FOR BOTH, the current UNKNOWN (to us share holders) is definitely a problem and I can see why some feel the way they do. As always you need to own your decisions and enjoy life, life is a never ending learning curve.
Canmax Technologies Co., Ltd. (300390.SZ) Shenzhen - Shenzhen Delayed Price. Currency in CNY
Day's Range 36.54 - 37.77
52 Week Range 32.52 - 76.06
Have a good day.
Dickie - Hope all goes well and wishing you a speedy recovery.
Genuine question on cuts I would like to ask - 3D scanning below the surface has advanced rapidly and appears to used more and more as it is accurate and less time consuming. Would 3D scanning be an option for PREM rather than continually doing cuts?
I don't know if it is viable nor if any of the large existing lithium miners use it. This is just a thought i've had.
Elcobb - Also want to say thank you for taking the time to post your opinion on here, thumbs up from me.
Definition for you all to help continue to lighten the mood:
PARASITE - DEROGATORY - a person who habitually relies on or exploits others and gives nothing in return:
.....and obviously very hard to get rid of.
QUOTING LAVERDA for you all to see.
"Some other shareboards are like graffiti on toilet walls. Those people are appearing on this site." (KOD for reference)
"All boards need to keep getting rid of the trolls."
What do you think people think of you Laverda? I know what I think, wonder if actual PREM investors are happy to say what they think.
Oh Laverda, I do so wish you would stick completely to FACTS and not keep expressing your DISTORTED OPINIONS. You're happy to question others but get rattled why someone actually questions you.
PREM is a lithium miner, PREM have what Canmax want and are more than HAPPY TO NEGOTIATE to get it. That is why Canmax are negotiating with PREM and have NOT recalled the loan.
Life is good, keep smiling all.
Lithium is a wanted resource, prices have dropped from the highs and appear to be steadying now, there is NOT predicted growth in lithium prices by year end. To be a mining company of lithium is currently extremely profitable and Prem although in the first stages of mining has taken the opportunity to mine lithium as quick as possible so as to reap maximum rewards (way ahead of some other companies), as time goes by I expect there to be a much greater supply of lithium and prices could drop along with profit margins. PREM is in a strong position to negotiate a deal and currently their preferred partner is Canmax and negotiation are ongoing (with a currently deadline date of 25th June 2023 to agree a deal) which is of benefit to both companies. PREM has a mining operation for Lithium which Canmax wants, Canmax has the available finances which Prem wants (so it can mine and sell lithium without delay and make good profits). That is why negotiations are taking place, Canmax have not placed a take it or leave it offer on the table, if they had there would not be negotiations, shame Laverda doesn't stick to facts.
Laverda FALSELY claims the negotiations to be a recue package (obviously for OWN AGENDA PURPOSES). Everyone choose what is best for you and don't be influenced by blatant lies (and a blatant Liar).
Someones getting rattled LOL.
Keeping to PREM - I am waiting for news on the Canmax deal and believe all other relevant information will be disclosed at the same time, although it is a bit disappointing having to wait I am happy to count down the days, would be nice not to have to call someone out for having OWN AGENDA.
Laverda - FACTS something you STRUGGLE WITH and clearly stating my position with PREM as a long term holder.