Member Info for Sandman1982

Not sure why you are worrying Rob. You claim to be 40k up.

If I was behaving like you were I would take the money and avoid having a heartache lol

GL Jamboy

Not at all Jamboy. I had a target entry price and missed it. But alot of news in the future so I shouldnt complain too much if the price differs by 0.1.

Agree CF73 we must have a JV partner waiting in the wings and most likely ZIM government are aware of who it as as part of signing the EPO to PREM.
Otherwise I can never see PREM receiving the EPO since they have no money to invest in Zulu to take it forward.

Was thinking the same at -15% then thought I missed the boat!

Relax its only 6% and not 60% so nothing to get excited about at this stage.

Crazy. Did a dummy buy at 21.99p for 40k shares on IG

Hi Adam that would be very useful. Thanks

Ok many thanks.

Hopefully we dont get a similar issue to what happened to Sepura. I remember alot of talk there of a high sale price. Nose dived to below 10p (bought in) then got sold for around 20p when PI's were expecting 50p+. PI's always seem to get shafted in these circumstances.

Hopefully this wont be the case here. Will be looking to get in shortly. GL All

Afternoon had this on my radar awhile ago and completely forgot about it. Are we potentially looking at a sale of the company now given its pretty much nose dived this past year?

Steward I wish I was new here, atleast my average would be alot lower. However I have been here now for the past 3 years.

Agree still need to be on the cautious side and things should start to look better once we do receive official confirmation of the signed EPO. I wouldn't be surprised if we have to wait another week or so....

My intentions are not to pump the share here. I'm merely asking the BB to sit back and think about it all. EPO is a definite and its a matter of time.

To add to my earlier statement, people might remember George saying that Zulu might even be separated and spun into a new company. So here is a theory for you and please note these are my thoughts and not ramping as I am not stating that this share will be 1p tomorrow.

What if PREM receive the EPO due to a backer with deep pockets and Zulu is then separated into a new company where maybe its New Company 50% and PREM 50% (existing shareholders get X number of shares based on holdings at the time of declaration). George joins this new company as a Director?

MHN do not have deep pockets but there is already a "strategic loan" in place. Therefore potentially the rest of PREM could then be RTO'd with MHN and as such PREM benefit from MHN profits as well as Circum, RHA, etc, etc. George steps away completely as he turns his attention towards Zulu. Win-Win for both PREM and MHN.

Sounds abit crazy I know. DYOR.

GL All.

Personally not too concerned about Circum as we have been promised a liquidity event for quite some time. It's just an added bonus as is RHA once that's up and running fully in 2020.

In the short term, I'm more interested in seeing this EPO signed and curious to know who will be backing PREM financially as clearly one of the requirements in the EPO is to do with budgeting. Could this be MHN meaning potential RTO or is it another company with deep pockets? Food for thought.....

GL All

If a RTO is to happen then PREM shareholders will have to agree to the issuing of more shares which will go to MHN.

Is this correct?

Simon is watching. Noticed he moved over to another share that is currently 15% down......

3p yes maybe during the drill with some oil shows.

I bought this originally many years ago and managed to 10 bag and have been in and out of it leading up to drills and de-risking as I go along.
The same will apply to this drill as well. Ride it up to the drill and some initial oil shows and de-risk or cash out fully depending on your appetite for risk. GL All.

PS I haven't bought back in yet but looking at buying in the near future.

Just added 1mill too at 0.1595p

I'm guessing an update will only be made once the EPO has been signed. Meeting/Presentation only happened yesterday, so give the President some time to surely go through all these EPO's and sign them off.
VAST are waiting for news too.....

Been waiting patiently for quite sometime at an average of 2.42p. This will come good but just requires patience. I have sold out for the time being but will be returning well before March 2020. Hoping to re-coup some money in the mean time. GL All

to buy in. Im keeping this one on my radar and will probably start building a pot over the next 6 to 9 months.

Atleast these guys have a development plan and an off-take agreement hopefully for 2020.