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My god not again! Just look back through the history at this exact thread which has been done to death multiple times.......
Maybe Snowking is George Roach!?!?!?!?!?
It’s held here because anything could happen, as long as people are selling, it’ll remain where it is. Certain big companies will want this not to move until they know what they’re getting then it’ll take off.
I’d be very surprised and disappointed at anything under £2.50 as a dividend. They said it is a substantial dividend- look at NN dividend payments on actual mining. $7 a share. This is a massive sale and not going for anywhere below £3 imo
So we know we’re selling off 75% of our stuff as a minimum.
Would it be possible that there have been a number of parties interested who have banded together for a final offer. This offer of x amount is for say, 90% with the remaining 10% for EUA to remain in situ as the contracted miner. If a conglomerate of companies such as AA, NN and Sibanye wants to share ownership, they would need an outside party, such as EUA, to mine it and they split the profits at 30% each? This would explain the length of time it took, plus the latest rns imo
Can’t believe this is still priced so low.
As ian posted earlier- the whole “buying substantially all of the assets” is legalese for buying everything not including printers and paper nonsense etc. I had eua priced at £2.17 for a full sale before they added rosgeo and other nonsense. I now would price everything around £4.75 if it is the full sale. This includes all flanks and mines and future increases in pgms et all. Just wait for final pricing, ignore the 50p nonsense
Non RI is Public Opening Position Disclosure/Dealing Disclosure by an exempt principal trader without recognised intermediary (“RI”) status (or where RI status is not applicable) so it appears they are no longer involved. Hopefully good!!!!
A lot of people saying they don’t understand why the Share price is dropping. The RNS says they are not certain of how to fund the DFS as yet. This hints strongly at a placing (probably right after a consolidation). Maybe consolidate to 0.5p and offer placing at 0.25p for some major firm. It’s GR not wanting to give away a percentage just yet that’s killing the short term investments. If you’re planning on holding through the DFS then it shouldnt matter about day to day price changes. Leave it and don’t look back for 14 months.
Anyone know why there was no ubs or blackrock rns today? Apologies if this was answered earlier
Share price has no effect on the deal outcome. It’s entirely down to what they offer the company in return for what’s in the ground. Could be a dividend of 20p plus shares in a new company or could be 50p outright buy, current sp means nothing
A lot of people turning up saying how suspicious this company is. They’re doing something new, creating a crypto which is back by oil and buying oil producing assets at the same time. Your “checking up” on the board doesn’t carry as much weight as the FCA who have also “checked up” on these people to allow them to be dealing in these matters.
When the copyrights come through for the new cryptos and we start to see more news flow it will continue the slow steady climb. No point in googling someone’s name and saying they must be dodgy because they don’t have enough recommendations or whatever.
I’ve emailed their company and advise everyone to do the same, urging them to reconsider some of these JV offers. Email is info at premier African minerals dot com
Yeh just going to hang on. Looks interesting in the long run
I’m very good at buying spikes apparently ??
What is everyone’s expected prices for this. Obviously they have a lot of income now being generated, and maybe more with follow up jobs. People here saying 6p this week but what about long term? If they can generate these kinds of numbers every two months or so, wouldn’t this potentially be 20p in December?
Ffs couldn’t get through on broker till 2.2p! This better keep going lol
I’ve read a lot of hype for this But what are the basics of the company? What’s the reason everyone is here??? Read a post on Facebook 2 minutes ago about it so not read anything else yet, just interested.
Welshy I didn’t think you were old enough for dads army quotes!!!
Seems to be creating generational wealth. Should be promising if he’s trying to set up his whole family.
SSS it's off the market type deal. Dmitri is opening his own firm and has mentioned it'll be a £50k minimum buy in for investment in the company. Too much for me unfortunately, but there are a few of the regulars on that board who have said they're going for it.