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Premier African Minerals Fundamentals

Company Name Premier African Minerals Last Updated 21 May 2019
Industry Basic Materials Sector General Mining
Shares in Issue (m) 8,038.51 Market Cap (£m) 7.24
PE Ratio -0.30 Div per Share (p) 0.00
Div Yield 0.00 Div Cover 0.00
EPS -0.30 EPS Growth (%) -50.00
PEG 0.01 DPS Growth (%) n/a
Debt Ratio 11.38 Debt Equity Ratio 0.30
Net Gearing 27.39 Gross Gearing 30.18
Asset Equity Ratio 1.43 Cash Equity Ratio 4.00
Quick Ratio 0.23 Current Ratio 0.23
Price To Book Value 0.92 ROCE -220.31

Premier African Minerals Dividends

Type Ex-Date Pay Date Currency Net Dividend Year Total

Premier African Minerals Company Financials

Assets (£m) 2017 2016 2015
Tangible Assets 0 10 10
Intangible Assets 4 7 3
Investments 6 4 4
Total Fixed Assets 11 22 17
Stocks 0 0 0
Debtors 0 0 0
Cash & Equivalents 0 0 0
Other Assets 0 0 0
Total Assets 11 23 18
Liabilities (£m) 2017 2016 2015
Creditors within 1 year 2 7 5
Creditors after 1 year 1 3 1
Other Liabilities 0 0 0
Total Liabilities 3 9 6
Net assets 8 13 12
Equity (£m) 2017 2016 2015
Called up share capital 44 27 21
Share Premium 0 0 0
Profit / Loss -20 -6 -8
Other Equity 3 2 1
Preference & Minorities -12 -3 -2
Total Capital Employed 8 13 12
Ratios 2017 2016 2015
Debt Ratio 11.38 17.12 9.08
Debt-to-Equity 0.30 0.29 0.19
Net Gearing 27.39 39.56 34.54
Gross Gearing 30.18 41.33 34.79
Assets / Equity 1.43 1.70 1.53
Cash / Equity 4.00 3.02 0.38
EPS -0.30 -0.20 -0.10
Cash Flow (£m) 2017 2016 2015
Cash from operating activities -6 -3 -3
Cashflow before financing -12 -5 -7
Increase in Cash -0 0 -0
Income (£m) 2017 2016 2015
Turnover 0 0 0
Cost of sales 5 1 2
Gross Profit -5 -0 -1
Operating Profit -8 -5 -6
Pre-Tax profit -20 -6 -8
Profit / Loss for the year 44 27 21

Premier African Minerals Company Background

Sector General Mining
Activities Premier African Minerals Limited is a multi-commodity mining and natural resource development company focused in Southern and Western Africa with production started at its flagship RHA project in Zimbabwe. The Company has a diverse portfolio of projects, which include tungsten, rare earth elements, gold, lithium and tantalum in Zimbabwe and Benin, encompassing brownfield projects with near-term production potential to grass-roots exploration. In addition, the Company holds 5,010,333 shares in Circum Minerals Limited (Circum), the owners of the Danakil Potash Project in Ethiopia, which has the potential to be a world class asset. At present those shares are valued at US$10.2 million based on the latest price at which Circum has accepted subscriptions. Premier also has an interest in Casa Mining Limited, a privately-owned exploration company that has a 71.25% interest in the 1.5 million ounce inferred resource Akyanga gold deposit in the DRC.
Latest Interim Date 28 Sep 2018
Latest Fiscal Year End Date 27 Jul 2018

Premier African Minerals Directors

Appointed Director Position
01 Aug 2007 George Greville Roach Chief Executive Officer
26 Feb 2015 Michael James Elliot Foster Non-Executive Chairman
19 Jan 2017 Russel Edwin Swarts Non-Executive Director
10 Apr 2018 Wolfgang Hampel Non-Executive Director
27 Sep 2017 Godfrey Tsikayi Manhambara Non-Executive Director

Premier African Minerals Contact Details

Company Name Premier African Minerals
Company Address Craigmuir Chambers, PO Box 71, Road Town, Tortola, VG 1110.
Company Telephone +44 (0)755 778 3855
Company Website http://www.premierafricanminerals.com/

Premier African Minerals Advisors

Auditor Name Baker Tilly
Auditor Address 2 Bloomsbury Street, London WC1B 3ST.
Auditor Website http://www.bakertilly.co.uk/
Auditor Telephone +44 (0) 207 413 5100
Registrar Name Computershare Investor Service
Registrar Address The Pavillions, Bridgwater Road, Bristol BS99 1XZ.
Registrar Website http://www-uk.computershare.com/
Registrar Telephone 0870 702 0010
Broker Name Shore Capital Stockbrokers Limited
Broker Address Bond Street House, 14 Clifford Street, London W1S 4JU.
Broker Website http://www.shorecap.co.uk/
Broker Telephone +44 (0)20 7408 4090
Adviser Name Beaumont Cornish Limited
Adviser Address 2nd Floor, Bowman House, 29 Wilson Street, London EC2M 2SJ.
Adviser Website http://www.b-cornish.co.uk/
Adviser Telephone +44 (0)20 7628 3396
Solicitor Name Fladgate LLP
Solicitor Address 25 North Row, London W1K 6DJ.
Solicitor Website http://www.fladgate.com/
Solicitor Telephone +44 (0)20 7323 4747
Stockbroker Name n/a
Stockbroker Address n/a
Stockbroker Website n/a
Stockbroker Telephone n/a