Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
They are simplifying there global strategy, focusing on larger, longer life mines, which cost less to operate, i just read a article on it, they still getting plenty out of CSA mine in the future, they have all sorts of conditions tied In..
A Trillion of these T Bills, released from now to September, will stop the markets doing anything. But when they finish and everyone gets their cash back, with intrest. & by this time the markets will be down and stagnant.... all that money will jump back into the markets again.. end of this year/ start of next boom, can't see anything happening until then, take 6 month break. Position yourselves for end of year.
Dont be gready.... we all know what's in the ground, we all know what it's worth, the problem is theirs 3 people involved, Zambia who's land it is...... China who will turn it into riches for them, and Prem. 1 needs to go, no need for the middle man. Why would a country like Zambia let all us lot, sat in our far flung homes, talking about early retirement becoming millionaires, of their land ? Unfortunately Sou are as corrupt as Zim, how do you think our friend became a 10 billionaire ? I love Prem but between Zim & China, they will get shafted... look back at paperwork LTH.... how long did it take to get the epo licence??? Years.. I would like to think GR will be rewarded, but any money made here is going straight to Zim & Sou. I Don think building a few huts, dam and giving them a few jobs will cut it... comparing Zim with Australia ect is not good, Zimbabwe makes its own rules.... paperwork delays, backhanded from Sou ect... do we have a mining licence, what other licences will be needed ? I just wanted to point out some basic stuff, instead off how many billions of pound is In Zimbabweans ground .. Be Lucky Lads we all need some of that
Gutted been on this journey since 2017..... sold all 10.5 million shares today, just cos I wasn't feeling well and never had a clear head on.. cost me 8.5k today alone.... need to buy back in, Prems like part of the family.
To add a bit more beef to this article, the Germans are in south America this week, to curb the Chinese monopoly on buying all the Lith. The west have realised what's happening, and are trying to slow them down, hence the big Chinese push to claim African Lith.... right time right place the race is on...
Just read a fantastic article published today on Prem, someone needs to share it, probably the best I have read to date... its on UK Investor magazine, Premier African Minerals FTSE Aim miner of 2023..by Charles Archer... get on it boys..
There will be plenty of companies financial, mining willing to pay the loan, for a stake in Prem, Zulu, EPO, the other assets, and a shinny brand new mine added In package aswell. So I don't see any issues with the Chinese not playing nicely.
I think this week was always going to be the quiet before the storm, its Chinese NY holidays all week. Theres deals to be done and its all going to start soon.. I don't see any reason for all the mine delayed talk today, however it would be nice to know the delayed shipment from UK is on schedule for end Jan & all other lorries components are on schedule.
The presentation was done weeks ago, Brandon was a lastminute sub.. and GR told us at the time... when he explained why he wasn't doing it and Brandon was... he said theirs nothing new in the presentation anyway. So why you all getting excited about how poor it was.. after GR said nothing new in it, I didn't even watch it. Old news was about no news..