Madness14 May 2026 05:57
Some of the comments on this forum are pure fiction and have no basis in reality
PREM is done , it’s over as an investment
They are draining the last pennies from UK shareholders before they announce it’s all over and the Chinese pick it up and the CEO possibly gets compensated privately
Prem has been over as an investment for well over 2 years, what is playing out is a well rehearsed story
It’s done, your investment is gone.
This is Zimbabwe, the Chinese get what they want in Zim.
It happens over and over again
The exact same playbook.
This is not unique to Prem, look at all the other Zim”m projects on the LSE and how they have faired.
This is the worst jurisdiction in the world.
Whoever pays the biggest bribes in Zim gets the prize.
It happens every time
And UK investors who fall for it get shafted over and over
The Chinese run the show, look at CGO which is now Chinese owned for pocket change compared to the asset.
Look at KAV who are naively wasting more money going through the Zim court system, Zim courts hate the UK like they will give a seconds thought for UK investors
Over and over again, investments in Zim end up the property of the Chinese on the cheap and UK shareholders lose.
Keep up the pretence PREM ‘can turn around’
Prem is dead, but the plant will soon be working for its Chinese masters and likewise I suspect the CEO will get sorted out by them, well away from the eyes of the FCA although the FCA don’t care, they rarely enforce or investigate Wild West shares like PREM
I’m gutted for you all you have been played by the endless story that the rainbow is just around the corner; the rainbow might be just around the corner but it’s written in Mandarin.