Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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Why on Earth is everyone so down on this - pricing is absolutely mad - I’m not reading anything negative at all - am I missing something? Surely this has potential to be a real bona fide multi bagger from here? I was in this a few months ago and had to double take at the price today. Lost sentiment is one thing although not sure why? but value for money here is astonishing. I shall be buying more!
IMHO DYOR GLA
Hope you lose out Dream and GDR prove you very wrong.
PEEL now moved to 71p
By the way bought more as couldn't resist low 60s
Buy low sell high
Do agree that current sp is a great buy in.
Personally view it dipping into the 50s and my fill order is there waiting.
1st week of August for approval in India (in my view)
If at the time those paying 240p could have been told that two months down the line one could buy at 25% of the price i.e. 60p most would have said I was on drugs.
So I bought
Lol if you told me that bladder man I wouldn't of bought in
are you taking drugs now?
When the SP was @£2 level DB was the messiah to most of the whingers here..... He couldn't do a thing wrong... Best products coming to market, most simple, most accurate ..bla bla bla...now we have had a few weeks of quiet while GDR wait for various regulatory approvals and the SP has lost steam and a panic culture has set in thinking there is something wrong being fuelled by shorters BS.
Nothing has changed in my eyes.. The Virus is going mental all round the world.. Testing will be here for years to come, employers scared of being sued if they bring staff back without regular testing... This party haven't even started yet.
Absolutely agree with you bigbench we got best product but I am concerned now about competency of BoD led by CEO to sell. that's what I need explaining and that's why I emailed them and I got a standard response
Nope: just natural excitement of having a wedge under 70p
Bb that's nonsense.
People were questioning him since the sky news interview that collectively we agreed he absolutely tanked in. For balance, the following vox presentation he performed very well in.
It isnt just a qiuet few weeks it is 8 weeks post product accreditation (CE) and no commercial contracts.
And limbo in our other key markets due to approval status. Of which the indian one was applied for in mid June.
Naturally people will question the progress and so when his LinkedIn activity is as it is, it frustrates people and brings into question how busy his schedule is.
Oh and the placement of course, let us not forget that blip.
Well said, things could change in a blink here..once approvals come in.
Well can buy for 20% below the placing price so what's not to like.
The deafness test kit and market alone is worth £40-£50m and we are valued at £32M. Great for folk that see massive upside from here
I don't understand why people were criticising his LinkedIn activity. It's built for professional networking, it's not like he was liking memes on facebook
Apology - apparently values GDR at £40-£50M alone according to David.
Guys this is heavily discounted now. Squeezing out the last few sellers at this level and we are primed for news. Think we get back to the placing price and approvals land we'll be laughing
Looking at L2 the tide is already beginning to turn. Full Ask paid twice at 65p and PEEL in the 70s and they know more than most
We need to admit something that has to be admitted. DB now says we need approvals for each country, but why didn't he know that when they were working toward CE Mark He says Africa does not need WHO approval, but does it means they will accept it without their own assessment? Look at the timing of recruiting regional approval assistant. Maybe they believed CE Mark would open every door, but now realised it wouldn't. It looks to me they are just running like headless chickens with no clue. What if they would not report when the approvals fall through? I am not sure they are obliged to report the failure of approvals immediately.
Full Ask paid 7X at 65p full Ask so appetite see returning and too bloomin right as well
People also need to know our particular product is NOT a gold standard test, but PCR platform is gold standard.
Let's see where we finish.
8% down still for the day.
32% down for the past 5 days.
BB I wouldnt say its run out of steam, I would go as far as saying that its full steam in reverse! And employers are not held accountable for testing staff, that would be up to the government who are providing the testing.
Waitrose are testing staff and crystal palace not bring staff back till the 27th as insurance won't allow it... Testing will have to be made available for those who want it.. Police staff friends of mine been tested 3 times in last 3months
Problem is most people average is 200 or above. I think this is the problem. Most covid shares including avacta is down maybe 20 to 40 percent from the same time. Avacta had an awful q and a session a few weeks ago. The CEO the following day came out and communicated and reminded people that nothing has changed and that they are still awaiting approvals. But at GDR nothing. I think it's the frustration at the lack of communication from GDR