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Those sells have been mopped up, the BID still stayed strong and let’s remember guys some LTH’s have hundred of millions of shares so selling 50m is only a small amount tho those people, maybe they’re moving profits to make a quick buck elsewhere and then returning? It’s looking very positive for prem and I can see major upside from here :-)
Https://investingstrategy.co.uk/stock-tips/premier-african-minerals-what-needs-to-happen-next/
EPO AREA - https://twitter.com/MarkEJFairbairn/status/1656023815904698374
They are filling bags with spod - https://twitter.com/stockboxmedia/status/1656022580946509834/mediaviewer
Profitbags - jus to correct you the word placing isn’t going to happen, GR will raise funds or take a loan as he can’t do a placing even if he wanted too, reason below;
There was no vote to ask for any additional shares at the 2022 AGM. First time in PREMs history I believe. If PREM wanted or needed extra shares they would have to await the next AGM to issue any and/or issue a GM to request a share authority to issue.
I believe at £1bn we will see a SP of around 4.5p, all very exciting and very realistic in the near future, I will give a rough estimate below on what we can most likely see in terms of revenue with the current plant if spod on average was $4,000 which is very reasonable :-)
1) 4,000t x $4,000 = $16m per month / $192m per annum
2) 5,000 x $ 4,000 = $20m per month / $240m per annum
3) 6,000 x $4,000 = 24m per month / $288m per annum
The raise can’t come via placing, There was no vote to ask for any additional shares at the 2022 AGM. First time in PREMs history I believe. If PREM wanted or needed extra shares they would have to await the next AGM to issue any and/or issue a GM to request a share authority to issue.
Notes from the video - https://twitter.com/DeadEyeBeaky/status/1655646954783752192
From Mark “Zim daily have been in touch, they are following the story and will cover the live stream across their channels also”
https://twitter.com/ZimDaily/status/1655551018401251334?t=Pe47_-JD19AzDgJ3xhzWxw&s=35
Worth reading this piece for those interested :)
https://stark-resources.com/volatility-of-the-lithium-super-cycle-a-pragmatic-view-of-the-landscape/
Live Q&A at 4pm U.K. time with George Roach on YouTube, link below for the stream.
https://www.youtube.com/watch?v=tEGCD1AV1hs
Https://twitter.com/MarkEJFairbairn/status/1655305761818542080?t=EADAPHgeu4XS3edi1CSSGg&s=35
https://twitter.com/MarkEJFairbairn/status/1655306904850034688?t=hg2tpNbSJPRlsz9PM6YE1Q&s=35
https://twitter.com/MarkEJFairbairn/status/1655307615734321154?t=dOjv5VV7WayT0it3MDrx4w&s=35
https://twitter.com/MarkEJFairbairn/status/1655309431096193025?t=qVDZHA-r7AaDwSPbEThFng&s=35
Https://twitter.com/MarkEJFairbairn/status/1655308536144904193?t=Fs6Spy2G_4jVqSnJ6dVkbw&s=35
Snowking - I agree when it says not full operational that is because tuning and optimisation will be ongoing for months yet, however you can only tune and optimise when the plant is running that comment is nothing to worry about it is a phrase used across the board for most installations, the blockage in the floatation plant was resolved around 5 minutes after he posted the video as he then posted saying it’s now running and we can see ore going through the plant and along conveyors, exciting day ahead :)