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Suzhou may build a big stake in prem but they can’t just take over, they have to offer shareholders the highest price paid in the last 12 months and then if share holders keep rejecting the offer will keep increasing until the majority of holders accept so for example they offer 1p if more holders accept 1p than reject those who rejected may have to sell those shares as they were out voted, I think that is how it works but correct me if I’m wrong. I think they will be looking at 3p+ with a hostile bid I can’t see many accepting 1p as that was predicted to be the SP over the next few months.
However I don’t see this happening it’s just another scenario people are considering, I think prem will continue as it is, RUS, assays, DFS completion and then that mine build shall commence :)
I’d agree the SP will stay where it is now, new shares added but already bought for £12m so that means the SP will neither go up or down, tomorrow will be no different to any other day so price could go up or down depending on buys vs sells and if any other news is released. Fully funded so this has been de-risked massively and I’m very happy to hold for the long term as they invested £12m at 0.40 after doing DD so they know a lot more than anyone else on this board, make the most of these prices :)
https://ukinvestormagazine.co.uk/premier-african-minerals-completes-zulu-lithium-dfs-funding/
Hi guys, any long term holders or anyone that has a lot of info on Keras able to offer some info, I’m thinking about investing as I tend to go for high risk / high reward stocks, what is the price prediction for the next 1year, 3 year and 5 years+ ? Could we see the ATH been tested at some point?
Gemell - we should see around 4-5p from Zulu, without the EPO, I think 10p for all of prem is a good offer and if you’d take 2p then I’d say your jumping ship very early but we all have our own exit price, good luck all :)
Acker you are correct, for example a hostile offer was made to holders for 2p share holders then either accept or decline, majority vote wins. If a hostile offer is to come I would expect it to be around 10p as the potential here is a multi billion £ co, if share holders were to sell for 2p we would be giving everything away Zulu, epo, and gold! We know this is worth billions so from a personal view I wouldn’t sell in a hostile bid for anything less than 10p per share as remember the EPO could contain 5x Zulu which is what will turn prem into the biggest hard rock lithium in the world :)
INTERVIEW LINK - https://youtu.be/j2DzlzkAifw
Good morning gemell, looks like the golden period is coming after all and the scramble for lithium is happening as I stated yesterday! Nice to see I keep it real, I’m happy with the fact GR secured funds and didn’t give away a single % of Zulu, that to me is a much better deal than giving away a % of Zulu for a small investment. GLA onwards and upwards we go :)
RUS and JV/offtake is very good news, also they are scrambling for lithium deposits considering GR has said himself 13-14 interested parties and they have all come to him? They are desperate to secure lithium as demand continues to grow so I would say that is keeping it real from the facts GR has spoken himself :)
We are all waiting for the news now as its just a matter of time before we never return to 0.30 it feels like finally after waiting all this time prem is in the golden period right now and holders are due a big reward, luckily for holders lithium continues to rise, suppliers are scrambling to secure lithium deposits and prem is sitting on a global asset which could be the biggest in the world, multiple pennies in the near future :)