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Premier African boss: local bank extended credit is vote of confidence

Premier African Minerals (LON:PREM) CEO, George Roach, tells Proactive Investors that a $200,000 general credit facility from a local bank is significant. "That a local Zimbabwean banking institution has been prepared credit terms to our local subsidiary is very much a vote of confidence in the RHA Tungsten project" he said. 

Roach said the firm expects to see the material mine from underground fed into the plant in coming days. "It is our expectation that from Spring of this year, which is just around the corner, to see positive cash flow coming out of RHA" he said.

 
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