Member Info for stevenc72

The problem is that GR and PREM have a well proven business model of delivering absolutely nothing and every man and his dog knows it.

If you were a Minister in the Zim Govt, would you grant the EPO to PREM or A.N Other Company that has proved it is capable of actually achieving something?

What good reason would there be for the Govt. to grant the EPO to a company that has the track record of non-delivery that this one has?

From the article... "will remain focussed this year on acquiring assets". Terrifying.

"When news lands good luck getting in". Really? News has been released here for the last 5+years and look at the chart. Current management are incapable it would seem of delivering anything. Why would someone want to buy. Wolf has been cried far, far, far, far, far too many times. It is getting to the point now where even the RNS's are being questioned for honesty. The CEO is frequently ridiculed on this site, others sites and social media and what is more, does not seem to mind. The company and management IMO are viewed as toxic. The SP direction speaks for itself.

@Rob, I would replace the words 'bad losers' with the word 'experienced realists'.

No.

From the RNS.... ....

"Qualified Person

Wolfgang Hampel, Senior Geologist with Premier African Minerals Limited, has reviewed and approved this release to the extent that reference is made to the potential prospecting area of the EPO at Zulu Lithium and Tantalum."

There was no reference made? Anyone?

george wants to go shopping again...

"I do note that there are potentially very good exploration tenements for gold in a number of other African jurisdictions and Premier will investigate these opportunities".

The credibility of the 'LTH shareholder group' has always been zero for the simple fact that any news has to be RNS'd. They have zero influence over GR despite saying this that and the other. My favourite snipit was 'we won't let him raise the share ceiling until the shareprice is much higher and he knows it'. Well, I think we can safely say he may of known it but it mattered not one jot.

GR's credibility is now , for many, sub zero. I have seen his name mentioned on other share BB's and it is never in a positive light. Social media ditto where he is simply ridiculed by many. This cannot be good for the company.

Sadly, the credibility of PREM itself is now in question IMO.

Still, beats Coronation Street as something to follow.

There has been a lot of buzz around PREM on twitter for 5+ years. It's the same crowd.

It hasn't helped the business.

@BKMacC, I agree and so do others it would appear. The responses received from company posts on twitter do not make for positive reading... ... https://twitter.com/Premafrimin/status/1293236253366902786

The pinned tweet is from August 2018!! "RNS out. PREM has commenced the diamond drilling programme at the open pit at the RHA Tungsten Mine. We plan to drill a series of 15, inclined, 50m deep holes to determine the depth at which the ore body is sufficiently consolidated to allow resumption of open pit mining."

I wonder if we should ask for an update on the drilling?

That 'giddiness' was causing people to buy at between £1 and £4.50 only a few weeks ago. I hope those figures are seen again, but this time on LSE!!!

I agree there is no point bickering. It seems there are those on the BB who are in two camps.

The fist is those who hold little to no credence in what GR says or does, based on historic non-performance. After millions spent, we do not have an operational 'anything' let alone a profitable asset.

The second is those who believe he can deliver, despite the track record.

Personally I am of the opinion that credibility here is now subzero despite the latest pictures of gold pans on twitter and the historic lumps of lithium on the then leaders head.

I am fortunate enough to only have invested circa £10k and am a little down at todays sp but am confident of getting the cash back on a spike. I only check in now as the storyline is a bit better than that of other ongoing soap opera's that are on the telly box. It keeps me entertained.

drifts by with a, now all too familiar, drift in the shareprice.

@Charlie, What do you think the reason is for the assets you have listed to be valued at $0 by the market, despite one of them having $20million ploughed into it?

Until that reason is removed, they will continue to be valued at $0 IMO, despite any increasebin physical size.

or £3.00 per share?

that posted a credible argument that, based on peer comparison (particularly CAML), a sale would be for circa £100m based on old JORC data prior to recent drilling. This would now be circa £3 per share.

My question is, what shareprice if we have funding (lets for arguments sake say EU money) and actually take Toral to an operational mine?

Anyone have any thoughts?

R20 is still nearly a whole £!

So 5 bagger from here.

people were paying £2, £3 and £4 per share in SA this morning on the JSE?

Nearly £4 per share now on JSE! This is madness.

Someone in SA is paying over £3.00 per share in SA.

Hold on to your hats, very tightly!