RE: PREM EPO News in the pipeline13 Feb 2020 20:48
This is what your dealing with. . .
22 Nov I posted:
ACKER
Posted in: PREM
Posts: 8,713
Price: 0.115
No Opinion
RE: Where will prem be in a few weeks22 Nov 2019 09:32
Radika--here are my thoughts:
RE: Quite morning21 Nov 2019 08:40
Alan--just to confirm my equal thoughts:
Ackers list09 Nov 2019 02:20
Whilst it is quiet :
EPO= Krakatoa---there can be no doubt that Prem will get a signed EPO.
I have however,reservations regarding the deal in so far as the government including a few punitive clauses.
The extended area covered by EPO is enormous , should finance become available up to DFS the results could be interesting
Size is one thing,viability is another.
IMO the publication of the DFS report far exceeds,in importance,the signature on EPO.
J/V agreement good old George has given so many clues about how and with whom he wishes to deal with on a JV.
However this agreement maybe part of the,IMO,TOTAL REORGANISATION OF PREMIER AFRICA.
I am inclined to agree with those who have suggested a RTO.
IMO I think we will be presented with a comprehensive package of total change
If the EPO is Krakatoa then the reorganisation will equate to Vesuvius and Etna combined.
If the new company can secure a reliable revenue stream then I envisage a rapid period of acquisitions along with developments of our existing assets.Would not be surprised to see IRR join the new group.
In a period of 24/36 months Prem will,imo be a VERY different company.
Then Circum
We are still waiting for official confirmation from company as to which direction it is taking.
Not going over the voting options again,it is apparent that most are looking to take the money and run.