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

deltazero - 29 Oct 2014 07:25

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

driver - 04 Feb 2017 12:09 - 6 of 56

Good post from the other side..

Post this morning from Zulu on lse- good summary
SP projections:

Based at share cap: With current $/£ exchange rates.

RHA = $6m/y profit. 1.21p from July initially. PE10. Rising as we establish into profits to mining average PE25 = 3.02p. 40 year life of mine. Tungsten prices have already risen 10%, and set to continue so we can expect +30% more profit here due to our margins.

Circum = One-off payment - broker calculates c$42m. -> 0.85p alone.

TCT = 0.2p alone just from the forestry. Revenue imminent.

But Zulu is the company maker....we are about to announce next month a resource that is a world-class deposit in the Lithium sector. A simple comparison to BGS's deposit n Mali who got $107m offer for their land with a resource only 1/3rd of our size indicates we could be looking at a very large pay-off.

Even if PREM went for a quick distressed sell, at just the same price as the BGS deposit - this would equal a share price of 2.16p at our share cap. BGS also only had a resource statement.

Keep in mind that the transaction fell through, and that company are still looking for a Lithium deposit! Why wouldn't they want our triple sized, better located resource for the same price? It'd be their lucky day if they managed to buy us for only $107m. If they gave us a dollar for dollar amount per tonne of contained Lithium? - You're talking $300m - equiv SP of 7.5p at share cap.

Don't be mistaken. Zulu is a world-class Lithium resource, and we're proving it at the perfect time when Lithium prices are soaring and companies are scrambling to secure future supply.

Indaba conference on Monday, and our big pitch is on Tuesday to the biggest mining/investment companies in the world. It's incredible publicity for us. Who knows who will invest/buy on the back of it...

With official Darwin gone RNS coming out Mon/Tue too, and further Zulu assays - this next week is going to be transformational for the share price imo.

driver - 06 Feb 2017 16:55 - 7 of 56

Nice rise today 35% in at .49 on Fri

driver - 07 Feb 2017 08:51 - 8 of 56

Good start again with big volume, 1p is in sight.

driver - 09 Feb 2017 15:45 - 9 of 56

Developing High Grade
Tungsten and Lithium
Assets
MINING INDABA 2017 | CAPE TOWN

Presentation;

http://www.premierafricanminerals.com/ul/Premier%20MINING%20INDABA%20Presentation.pdf

driver - 10 Feb 2017 15:17 - 10 of 56

Premier African Minerals Limited Circum Minerals Update
10/02/2017 11:09am
UK Regulatory (RNS & others)


Link to the PDF
Circum Minerals’ World-Class Tier One, Cost, Scalable Ethiopian Potash Project

hTTp://circumminerals.com/sites/default/files/Circum_Minerals_Presentation_Website_Feb.2017.pdf

driver - 10 Feb 2017 20:02 - 11 of 56

SMALL CAP MOVERS: Lithium powers Premier African Minerals.

http://www.dailymail.co.uk/money/investing/article-4212390/Mining-giant-Premier-African-Minerals-boosted-lithium.html

driver - 13 Feb 2017 17:52 - 12 of 56

Still holding here 16% up today.

driver - 14 Feb 2017 12:38 - 13 of 56

Still on an upward trend target here could be 2 to3p plus..

driver - 15 Feb 2017 11:03 - 14 of 56

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.

driver - 20 Feb 2017 08:32 - 15 of 56

Significant Lithium Grades up to 3.3% Lithium

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

driver - 27 Feb 2017 16:07 - 16 of 56

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."

driver - 06 Jun 2017 12:12 - 17 of 56

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

driver - 06 Jun 2017 15:13 - 18 of 56

Had some more @.51

driver - 08 Jun 2017 15:19 - 19 of 56

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

driver - 03 Jul 2017 21:43 - 20 of 56

Project Updates

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

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

driver - 11 Jul 2017 18:42 - 21 of 56

Should see a rise here on Zulu news after suspension.

driver - 18 Jul 2017 14:10 - 22 of 56

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

driver - 24 Jul 2017 23:23 - 23 of 56

Zim to become largest lithium producer - DailyNews Live

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

driver - 26 Jul 2017 08:06 - 24 of 56

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

driver - 26 Jul 2017 14:50 - 25 of 56

Premier African Minerals Limited Zulu Lithium Project - Drilling Update

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