Member Info for TallPaulNY

Now left Mombassa.

Due DeS at 0700 tomorrow.

On the marine traffic website it is showing as just off Mombassa at this time.

https://www.marinetraffic.com/en/ais/home/centerx:-12.0/centery:25.0/zoom:4

“ This is an incredibly exciting time for the Company as we approach the spud of Tai-C in the second half of September. ”

Remember when Lorna told us they couldn’t get a rig…..share crashed.

Couple of days later told us they had been assessing one…and had bought it!….price shot up again.

If this had been combined in one RNS then we would have just had a nice rise from the original level.

Rather lost my faith in her…or the Nomad from then. Beware!

Spot on. He won’t sell his shares, particularly at this price. Interview was a wake up call. Shame given the valuable asset.

Shakes don’t last this long……..city boys have got wind of something. My guess is a placing

Would his share sale necessitate a RNS?

Probably after close?

Tick up following morning?

My guess….deal announced after close.

Well received with rise on open tomorrow.

Higher share price throughout day

GR sells less shares at higher price.

RNS at end of day stating monies received

Stark update soon after.

Thoughts?.

Straightntrue

I agree. But don't forget how the Chinese operate. They will be well in with the Zim politicians with tempting personal deals to keep them at the front of the queue to the exclusion of others. I have seen all of this from 20 years of working in Africa.

Better the devil you know……and George knows this

In addition to the normal type presentation, don’t put it past Lorna to do something different……a site walkabout showing progress with drill pad, rig assembly, well drill sundries etc.

How would that be folks?

I am assuming that the presentation will be from site. Would the presenters want to be away so close to spud?

Sleepydave1……9.4 pence

At around 10.00 I purchased over 500k in 3 lots. Not showing on lse listing

Maybe some financials beforehand?

Thank you Robid.

As 17% of all votes held are with bigger investors …about the 4 billion shares and one would assume they vote for the motion…that means we smaller holders have to come up with 5 billion shares.

Is that possible?

Lets see how your calculation pans out on Saturday. Then you might have to apologise.

PS. Are you able to post without childish name calling?

If you and others have filtered me, thats fine with me. This board is about discussion and debate, not childish behaviour.

For the last time.

If only canmax vote against, then in order to have 75% of votes in favour to win then you need 3x 13.1% to vote in favour. That is 40% of votes HELD.

WHY DID THE 17% major holders not vote in favour last time to outvote the 13.1% canmax shares? Because canmax said they would vote in favour and George trusted them. So the rest didnt bother voting when a simple majority would have passed the vote. Now we are stuck needing 75% of votes cast to win.

I do not hod KOD and never have.

I have worked through the winter in west africa for the last 20 years. I know how tge Chinese operate in a corruptable african political environment. Even if George wins this vote, or finds a new rich investor to buy out canmax, the chinese will do all tgey can to hold up the project to get it all on their own terms. To trust the cinese or the Zim politicians is naive. I have seen politicians bribed…school fees un the UK, a deposit in your Saudi account, a pied a terre on the cote d’azur…yes that will do nicely.

George and his team have done a fantastic job building this project in africa, I should know, but when it comes to dealing with the chinese he has been bluffed. Good luck all here. I hope it works out as I still have a 8 figure holding.

Marcus

Ask yourself why the major holders didnt outvote canmax last time?

That is why we need 40% of the vote INCLUDING the majors to get 75% of the votes cast ie 3x canmax 13.1%

Https://www.marketscreener.com/quote/stock/PREMIER-AFRICAN-MINERALS--12136575/company/

So there are 17.1% held by major investors leaving 23% of us needing to vote to make up 40% (3x13.1%)

Thats 5.25 billion votes needed

525 holders each with 10,000,000 shares each. Can we do it?

Marcus

3x13.1. = 39.3%. Not 50%

Another Dianne abbot student….or just in a rush

Holders need to get realistic about how many votes will be cast

We need 890 holders, each with 10,000,000 shares to put it into context