http://minesite.com/2014/10/28/premier-african-minerals-could-deliver-a-455-per-cent-irr-for-the-rha-tungsten-project-on-an-initial-outlay-of-just-us5-million/

Premier African Minerals Could Deliver A 455 Per Cent IRR For The RHA Tungsten Project On An Initial Outlay Of Just US$5 Million

Next bagger imminent

A post from the other side sums it up..


Darwin Last tranche cancelled (didn't need a further £1 million funding), great news. RHA fully funded going into production. $180,000 forecasted monthly profits increasing to $500,000 in a few months. RHA owe us $20 million. TCT projected annual profit of £1.2 million and is now self supporting. 2% stake in Circum which is valued to be anything from $10-40 million. Cabinet to sign off imminently. Zulu potentially one of the biggest Lithium mines in the world and could be valued in the billions of dollars. Awaiting further drill results, which again is imminent, together with the Maiden Lithium Resource Report. Recently had 20 plus meetings. JV or sale could come quite quickly when Report comes out.

Significant Lithium Grades up to 3.3% Lithium

https://www.moneyam.com/action/news/showArticle?id=5498586

27 February 2017

Premier African Minerals Limited

XRT installation at RHA Tungsten Mine

Premier African Minerals Limited, the AIM-traded, multi-commodity resource and development Company focused on Southern and Western Africa, announces that the X-Ray Transmission (XRT) has arrived on site at RHA and is currently being assembled and integrated.

George Roach, Chairman and CEO commented: "The XRT sorter is an important part of the upgrades and improvements made to the plant and I am pleased to say that the installation is progressing well and that we are on track for first production this quarter.

''In parallel to the plant upgrades, we have built up a significant stockpile of run of mine ore and are continuing to make excellent progress with the underground mine development as well as getting ready for the restart of the open pit mining operations early next month."

A good time to buy..

Zulu Maiden Lithium and Tantalum Inferred Resource
RNS
RNS Number : 2046H
Premier African Minerals Limited
06 June 2017

http://www.moneyam.com/action/news/showArticle?id=5562098

Had some more @.51

Premier African's George Roach 'pretty impressed' with Zulu maiden resource
13:02 08 Jun 2017

http://www.proactiveinvestors.co.uk/companies/stocktube/7602/premier-african-s-george-roach-pretty-impressed-with-zulu-maiden-resource-7602.html

Project Updates

RNS
RNS Number : 8775J
Premier African Minerals Limited
03 July 2017

http://www.moneyam.com/action/news/showArticle?id=5578088

Should see a rise here on Zulu news after suspension.

The true potential of Zulu 'exciting but daunting' - Premier African's George Roach


http://www.proactiveinvestors.co.uk/companies/stocktube/7803/the-true-potential-of-zulu-exciting-but-daunting-premier-african-s-george-roach-7803.html

Zim to become largest lithium producer - DailyNews Live

https://www.dailynews.co.zw/articles/2017/07/11/zim-to-become-largest-lithium-producer

Sekker's gone looks like a rerate.. up 20%

Premier African Minerals Limited Zulu Lithium Project - Drilling Update

http://www.moneyam.com/action/news/showArticle?id=5602130

Topped up twice today @ .45 and .58 prem finished up 100% @ .75 not bad plenty more to come here 3p to 6p is talked about..


This from another board sums it up..

A lot of new investors looking in wondering what it's all about.

We are about to JV a massive Lithium mine we 100% own. This will unlock some value in the project, allowing us to buy another 9.3% of a Circum taking us to a total of 12%.

Circum is a tier 1 potash mine, about to be sold after its optimised DFS and mining licenses received. It's NPV is $2.8 billion, making our NPV $336m for our stake.

In the background RHA is a Tungsten mine, about to come online - it's been optimising and ramping up production - expected to be producing 10000mtu by end of Q3. At current Tungsten prices, this will make $10.2m profit a year. Yes an AIM company with an actual working profitable mine!

Did I mention that it's all debt free, and paid for already?! How many mines start their life debt free??

The reason the Mcap is so undervalued, is because this is AIM! Slipped timelines making impatient PI's sell out over the last quarter.

Finally, finally, we are getting recognised after shouting from the rooftops for the last 6 months.

Lithium market is booming. It's hot hot hot. The latest Lithim grassroots project just sold for $220m - and ours is clearly more economical as it's on surface, in Zimbabwe and with Tantalum by-products to sell.

Please continue to share information on all our amazing assets. People looking in here need a quick lesson in PREM.

Nice start massive demand 1p should clear soon.

THE WEEK'S SMALL CAP MOVERS: Lithium is in strong demand enhanced by government's plans to ban sales of new petrol and diesel cars by 2040

http://www.dailymail.co.uk/money/markets/article-4740154/THE-WEEK-S-SMALL-CAP-MOVERS-Lithium-strong-demand.html

From the W/End press.

As the first battery cells roll off the production line at Tesla’s 1.9m sq ft Gigafactory in Nevada a scramble is under way to secure supply of the lithium that is their key ingredient.
This week a small Australian mining company sold a lithium prospect in west Africa to a Chinese buyer for $78m — or more than 2,000 times the amount it paid for the deposit just 11 months ago.
The deal shows how companies, many of them Chinese, are racing to secure supplies of the silvery white metal, which is used to make the lithium-ion batteries that power billions of smartphones, laptops and, increasingly, electric cars.
Electric cars use 4,800 times the lithium of a smartphone and, with vehicles such as the Tesla Model 3 and the Chevrolet Bolt set for mass production, there is considerable excitement about the prospects for the metal.
Lithium demand expected to surge
Analysts at Morningstar expect lithium demand to rise 16 per cent a year from 175,000 tonnes in 2015 to 775,000 tonnes by 2025 — an increase that they say would be the fastest of any significant commodity over the past century. They forecast a supply shortfall of 100,000 tonnes of lithium by 2025.
The average price of lithium has jumped threefold since 2014 and gained 60 per cent last year, according to an index from London-based Benchmark Mineral Intelligence, boosting the share prices of leading producers, such as Albemarle, and smaller groups, such as Galaxy Resources.
For some, these gains reflect real demand and a recognition that the age of the pure electric vehicle is rapidly arriving. For others, the metal is showing all the signs of a speculative bubble.
Geologically there is no shortage of lithium in the earth’s crust. As such, some commentators say the mining industry will rise to the supply challenge.
“There’s nothing inconsistent in our view that lithium prices can fall over the medium and long term even as you see this massive uptick in adoption of electric vehicles,” analysts at Bernstein Research argued in a recent report.
“With much of the low-hanging fruit plucked, higher-cost sources of supply will need to come on line to fill in the gap,” said David Wang, Morningstar analyst.
That has started to happen. The lowest-cost production of lithium is through the evaporation of brines beneath the deserts in Chile, Argentina and Bolivia, but those countries have failed to substantially increase output. As a result, China has begun to source the chemical from within hard rock in Australia and elsewhere, a more expensive and energy-intensive process that requires additional processing.
In November, Australia-listed miner Pilbara Minerals, which owns a project in Western Australia, signed an offtake deal with Shandong Ruifu to ship unprocessed lithium rock.

Bit late posting this but been away for two weeks. Still happy to hold here..

Premier African Minerals boosted by new funding package to advance ‘tier-1’ Circum and Zulu projects

https://www.youtube.com/watch?v=pQuPJh5ShmU

Premier African Minerals Limited, the AIM-traded, multi-commodity mining and natural resource development company focused in Southern Africa, is pleased to report the independent confirmation of the prospectivity and size potential of the Zulu Lithium and Tantalum Project ("Zulu") in Zimbabwe following a site visit by Don Hains from Hains Engineering Company Limited ("Hains Engineering"), an independent geological consulting group with significant experience in industrial minerals and lithium.

Highlights


-- Independent report on the Zulu Lithium and Tantalum Project
-- Significant additional tonnage potential within the Zulu claims
-- Good potential for additional pegmatites to be found
-- Zulu's geological potential is considerable
-- Regional potential for lithium mineralisation could be significant
George Roach, CEO commented: "I am pleased to see this independent confirmation of the potential of Zulu Lithium Project carried out by Don Hains, an acknowledged expert in industrial minerals. The Board believes that this study provides further vindication that we should look to maximise value from Zulu before reaching any final decision regarding the various ongoing strategic discussions at this time. We believe that the potential scale and size of Zulu is analogous to other world-class lithium enriched pegmatite deposits and hence Zulu has the potential to be a company-making asset."

Zulu Lithium

Reference to the report has been approved by the author, Don Hains from Hains Engineering. Premier will also progress its review of strategic options for the development of Zulu and the options for unlocking value for the Company and its shareholders, including possible strategic partnerships and / or the possibility of a separate listing for Zulu Lithium.

Premier released a maiden resource statement on the 6 June 2017, reporting a SAMREC compliant inferred mineral resource estimate for Zulu of 20.1 million tonnes @ 1.06 % Li2O and 51 ppm Ta2O5 using a cut-off grade of 0.5% Li2O, including 7,159,048 tonnes @1,5% Li2O.

The resource estimate contained 526,000 tonnes of lithium carbonate equivalent (LCE) and 1,025 tonnes of tantalum pentoxide. The maiden resource estimate covered only 35% of Zulu's known 3.5km surface strike length and drilling continues in order to potentially upgrade and expand the mineral resource estimate. Premier's resource target lies between 60-80 million tonnes; however, this does not include the recently discovered pegmatite zones on the east and southern parts of the licence.

Metallurgical test results from test-work conducted by German based Dorfner Anzaplan confirmed both in the projected commercial grades of concentrates, and the low iron content that offers additional markets not only for spodumene and petalite but also the potential for high grade feldspar and high purity quartz. Ongoing drilling at Zulu has yielded most encouraging mineralisation in the core and assay results are expected over the coming weeks. The assay results are likely to upgrade and expand the compliant resource.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014

TCT-Indústrias Florestais is controlled by Premier African Minerals Ltd
TCT-Indústrias Florestais invests in limestone quarry in Mozambique

https://macauhub.com.mo/2017/08/24/pt-tct-industrias-florestais-investe-em-mina-de-calcario-em-mocambique/

Premier African Minerals #PREM Chris Bailey PODCAST 24/08/17

https://www.voxmarkets.co.uk/blogs/premier-african-minerals-prem-chris-bailey-on-dc-htg-gnc-alan-green-on-phe-s32-arw/