Sunday 21 October 2018 | ShareProphets: The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares
Sunday Long Reads: Moving to Chernobyl, The Cruise biz, Living like a Morgan Stanley analyst, Patrick Leigh Fermor, The Bund
Notes from Underground - Cake, will you do the honour of making my stomach the happiest bag of acid in the world?
What I know about Premier African Minerals (PREM) could be written on the back of a postage stamp. And a small one at that! To broaden my knowledge base here is its boss George Roach in action last weekend.
There was a time when Premier African Minerals (PREM) looked to have genuine potential, but in the few years since then it has consistently disappointed investors and is now trading at a fraction of the share price it once hit.
No advice is offered, but anyone wanting to take part in an underwritten fundraise into AIM-listed Premier African Minerals (PREM) with Primary Bid (which benefits us in a small way) can do so if they are quick: the deal closes at 9pm tonight.
What I know about Premier African Minerals Limited (PREM) you could write on the back of a postage stamp. And still have whte space. But if you are a fan it is the latest Primary Bid offer. But hurry the deadline to get shares at 0.3p is 5PM Today Sunday HERE. We are told that:
In this video from the storming success that was the 2017 UK Investor Show, George Roach, CEO of Premier African Minerals (PREM) is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
Premier African Minerals (PREM) was a company that I had high hopes for a couple of years back, but since then it has largely failed to live up to expectations on the operational front – especially in terms of producing revenue.
This is becoming almost routine. After hours on Friday PrimaryBid announces a material placing opportunity for its members. This weekend it is Premier African Minerals (PREM) which is raising £1.5 million at 0.5p.
The difference in terms of the latest price action on the daily chart of Premier African Minerals, as opposed to First Quantum Minerals (FQM) earlier, is the way that we have seen the falling wedge’s resistance line broken clearly over the past couple of sessions
John Meyer of SP Angel this morning comments on Paragon Diamonds (PRG) and Premier African Minerals (PREM) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond.
There is always a fair amount of geo-political risk for any mining operation in Africa, and even more so for smaller companies. Any investment in companies operating in this region isn’t one for the risk-averse amongst you, but some of them do have the potential for high returns – although there are also plenty that look better on paper than they are in reality! One Africa-focused miner, which is listed on AIM, that caught my eye recently is Premier African Minerals (PREM).
George Roach, chairman, chief executive officer and major shareholder of Premier African Minerals (PREM), sounds upbeat as he pauses from crucial last-minute offtake and financing negotiations for the company’s RHA tungsten project in north-west Zimbabwe, which he says should start production in June. He says talks have reached a ‘very detailed’ stage about a single debt package worth $2 million (£1.3 million) to cover the final shortfall and plant is being assembled in Johannesburg to re-launch the mine, which was developed up to the 1970s by Canadian miner Falconbridge, a company later bought by the Xstrata combine.
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