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Interesting, i had found this, but as you are pointing to, the rules are obviously not always being applied.

"An investor who acquires, exceeds or falls below 3%, 4%, 5%, 6%, 7%, 8%, 9%, 10% and each 1% threshold thereafter up to 100% of a UK Company, must, under the Companies Act 1985 Section 198, disclose their interests to the London Stock Exchange and the company, within two days. The company MAY impose sanctions if disclosure not completed."

True, there are delays.
But either way, PREM is obligated to disclose the info themselves by end of month. So by max Mon 28th or Tue 1st March we would know for certain if these thresholds are hit.

No probs at all.
While researching i also stumbled upon this fact :
"Issuers whose registered office is in a third country with securities admitted to trading on a UK regulated market may be exempted from disclosure requirements.
The FCA is satisfied that the laws governing major shareholder legislation in the following countries are equivalent:
USA
Japan
Israel
Switzerland"

(Source:
https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/shareholding-notification-disclosure )

The thresholds for disclosure for UK issuers are 3% and every percentage point thereafter.
In the case of non-UK issuers the thresholds are 5, 10, 15, 20, 30, 50 and 75%.
The shareholder must notify the company (and the FCA) within two trading days of a threshold being hit.
The company must also notify the market by the end of the next following trading day.

If one or multiple investors hit those thresholds, we should know about it soon.

Those stuck at 0.3-0.4 from.last year have been abke to get their money back with interest.

Smart traders took some profits.

Long term holders are not.phased as 99% of us are still in the green and we will not be swayed by some uups and down when we know what is ahead of us.

Newbies.....well, unfortunately for them there may be some losses.

You are right Daz, the market knows best and will place us where we are meant to be....the real catalyst has not yet happened so there is still lots to look forward to.

Rampers and derampers, bears and bulls, jt's all good as long as we keep it civilised. A lot of harsh words and name calling here lately, atypical of this board as it is usually fairly balanced and constructive.

P.s. i ain't going anywhere, did 11 months watching my money move sideways, i can wait till bigger news standing on my head now.
March-April-May hopefully will be juicy. Stay cool, stay patient.

Exactly Bick, I have done business with them, and while there is money to be made, i learnt two things:

- once the contract is signed, then and ONLY then, the real negotiations start
- once agreements are made, expect them to cha ge the music without warning and expect you to dance to it

I won't even go into the labour laws and practices (or lack of) and corruption associated.

Like I said, there is money to be made for sure, but in the long run I want to see PREM and GR do new projects, launch mines and be successful. But all this is just my personal wishes, in the end money talks.

Steward, i also put my trust in GR and the Pandora group to keep it sensible and linear for us all.

Good move, that top up is already profitable.

I've been throwing the kitchen sink at PREM in the last 6 weeks. I don't want to be in a position where i think "damn, i wish i had bought more!"

Hi Phillip, absolutely, i am up over 101% so anything above .25 to me is a blessing after being in the red for so many months. This will rise again very shortly.

Steward, good reliable post, as always from you.
I agree with all points, big players are required to finish the DFS, start a mine, get productive and all. If we wait for GR alone we will get it done in 2025.
I think i may have gotten attached to GR and PREM, hence me not wanting to lose it, also because I am not unterested in owning chinese shares (this is just my personal thing).
RIO? Piedmont? Pilbara? Albemarle? Sociedad Quimica de Chile? Anyone? Lol

This pull back should not be a surprise, it is impossible for a stock to just have green candles for ever.
This rise from 0.2 was not necessarily "organic", there haven't really been news that have supported such a rise (we had RNS on results and area expansions before and they dropped the sp back in Sept/Oct/Nov).

This rise is hype and expectation that a JV or buyout is in the cards. Nothing more.

The point is, if we waited 11 months watching the sp move sideways, i am sure we can wait a few more days/weeks to close a deal, get investments and watch the actual "organic" rise happen.

My only "fear" is a hostile takeover, i don't want to see the pandora group get divided or bought out in favour of ousting GR. I really do not wish for PREM to be sold in full, i like the original idea that GR has of retaining majority. Plus i am tired of delays. Major investors like Jamgoo could become the tipping point, the needle that decides our fates. I am sure his phone is/will be blowing up if we get a TR1.

Still lots of good news to come, real news and not just hype, so tons of amazing catalysts for us LTH to come this 2022.
GLA and keep accumulating this Q1 as Q2 I expect a major rise imo.

You reckon the other 3 drills are on site? I wonder if the one from the picture yesterday, moved to the South, was an old one or one of the newer ones.

News should be out soon.

Just look at all that pegmatite....all this hype and frenzy for just 3.5km squared of that whole epo rectangle.
How many more Zulus to go before we hit multiple pence?

1p is definitely achievable! C'mon zulu!

https://mobile.twitter.com/Premafrimin/status/1484460272731500546?cxt=HHwWhMC59Ziw7pkpAAAA

We shall see you again soon .51, very soon.
.51 can hang out with its buddies that until 2 weeks ago seemed like impossuble targets: Mr. Stubborn .21, Ms. There Is Hope .31 and Sir .41.

Yeah GR did say they would arrive this week, just wondering if the one in the picture was one if the. Cheers buddy

Thanks kenny, do you reckon this is one of our initial 3 drills being moved south ot one of the new 3 drills?
So many new posters and chaos today, hard to keep up lol

This is a very possible scenario, one i am not too keen on.
Let's just be conscious that hostile takeovers are not always fantastic news.
Yes they drive the sp up, but they might also lead to unwanted reactions like GR being ousted, calendars being delayed due to the back and forth, assets may be sold to avoid the takeover etc.

Usually these bids play in favour of the shareholder as we would be offered high prices but try to understand the risks associated as well.

Anyone know if GR has a "golden parachute clause" in his contract? Not that the Chinese would care, they are capable of buying anyone out.

P.s. doing business with the chinese is often not linear, transparent nor "fair". Personal experience talking.

Both mafs and han01, please keep posting

Yup agreed, in the short term this consolidation means nothing, but in the long term i have a feeling it may come in very handy

Nice, thanks for sharing, will definitely stay tuned

We doubled our market cap in 2 weeks, imagine what we can do with a hefty investment

Just raised my average to .222, had to do it, could not resist more shares! Just in case ;-)