Member Info for xswazi

Feels like a pivotal moment for PREM. There have been a few but this feels like a big one.

The question is do you add in expectation that good news is coming, or wait for bad news and add, or get out while you can.

For me it feels like a total coin toss with the coin slightly negatively loaded.

I’m a long term holder - over 4 years now- and I’m waiting for this company to grow big in the next few years not months, but would be good for that foundation to be set now rather than in 6 months.

Sentiment seems to be that tomorrow is an add day?

Will there be an appetite amongst investors given the dramatic about turn in prospects and certainty sentiment. I have always seen this as a long term investment but this last year has had many false starts and disappointments.

Always been very positive about this long term but honestly not feeling good about an 80 plus % drop in price. Given discussions about a sub 0.05 price would really concern me more. Not sure many people already invested and at losses would be excited about risking more money at those prices. Certainly I wouldn’t.

Uncertain times, unfortunately.

Can’t get for less than .93 so small bounce already?

I was just wondering the same thing.

Yesterday I thought briefly we had cracked 1p and broken out.

News, update or same seesaw around 1p.

Totally agree. Shares don’t keep rising 2.5 times every year. Prem has done brilliantly to be where it is. The real opportunity here is long term - 2-5 years. Daily and weekly fluctuations for the day traders. If you like the company buy shares and wait. Cream will rise to the top. If it’s good investment the value will reflect in the price over time.
Can’t expect RNS every few days. I suspect when there’s a set of updates available, e.g into production and a sale and analysis on performance, grade price etc, that’s when I would want an update.

Could be better but it’s gone up. Steady is fine by me, especially with no news.

Hi All.
New investor here. Had these years ago when it was in 20’s. Remember that the dividend yield was excellent. I received payment and new shares today, but equates to about 9% yield. I thought the yield was around 20%.
Is this an interim dividend?
Also, I remember a few discussions previously on reclaiming tax. I have the shares in my ISA account. Is a tax still deducted by AUS and could be reclaimed?
Thank you in advance for your answers. Looking to accumulate in the next few months for long term investment.

I’m a fairly long term holder here and have been reading this board for years with little comment. Many diverse opinions overtime but took confidence in SK and AK though I had some doubts due to other posters.

Im now sitting on ridiculous multiple on my original investment- which was very small - and have added over the years. However I’m not selling soon. Im waiting for it to reach its full potential and these daily movements while nice don’t effect my long term goal. Not in the same league as others, even at 5p my mortgage won’t be paid off but I’ll be a lot more comfortable.

So bring on 1p, 2p 3p if it comes and given time I think it will. I’m not considering selling for years and give it time to reach its full potential.

Glad I listened to reason of some posters here. It can be difficult to see past possible agenda people may have but glad I went with those who were making sensible arguments and giving lots of analysis and information.

Tesla has an order for 100000 from Hertz

I have topped up. I think this is the bottom. Hopefully

Essentially if you purchase shares at the rights issue price, at time of issue your total holding SHOULD be at the same average price. But you have to add to your total investment. The market adjusts by the share price going down plus sentiment. Normally you lose out if you don’t take up the option but I can’t say what will happen here. I’m planning on taking it up as I intend to hold long term either way.

Unfortunately I bought into all the hype here. This will fly etc. This time next week. It’s coming. The news is on its way etc etc.
I personally think this is a bit of a dog now. I was sure it had potential but I now think it’s potential, sentiment and momentum is gone. Anyone predicting the share price is guessing and postulating at best. I thought the figures were good and potential was there but I feel it’s all getting lost and bogged down. I’m down some 40% now. It’s a long long way back now for me. You live and you learn but advice to others is take all posts with loads of skepticism- even my one.

A LOOONG WAY BACK FROM HERE.

That would suggest that PREM has no interest or rights? The EPO has been issued to a private company. Is that private company owned or part owned by PREM or is it owned and funded by other means? I’m presuming that PREM does have some interest in Zulu Lithium, otherwise it would not be part of an official PREM RNS.

blue i mean.

Hard to stay red from .39 to 20. Almost a 50% drop in 3 days. Yikes. Hold and wait yeards again. Oh no, another long long term hold and hope share in my portfolio.

Very brutal. Showing red for me now :(

You know when you are waiting for something with great anticipation, and when it comes you wished it hadn't.

I must agree that if the market took the statement as positive it would have gone up and not down. Clearly not sending the right messages to the market. Feels like the holding statement to stop the decline in the shareprice has actually backfired. I believe it will recover but the sentiment and positivity has left the building here. I think we all hoped and expected this to realise its potential soon. Looks like the possible returns here have been extended to years not months.

Still holding but not adding.

Noticed that IRR & PREM both have same director. Good portent perhaps.

By my back of a fag pack calculations GR has lost about £1m value in the movement of the SP in last two days.? I'm sure he will be as keen as we are to post some good news soon.
Staring to feel like a white knuckle ride and did not expect a drop today. That said I'm here for the very long term and daily fluctuation are an irritation but don't change the fundaments.

If does indeed realise its potential I'll be set. If it doesn't perhaps something else will....
Still hoping for a blue day but its a long way up from here. Well done those who got in at .28 this morning. I was too slow.

I think .39. Just below yesterday. Yes 37.5 would be retirement time :)