Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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From today's FT:
"Widespread anti-government protests are disrupting copper output in Peru, the world’s second-biggest producer, triggering predictions of a further surge in prices for the metal which has already rocketed in recent months as China’s resource-hungry economy reopens.
Demonstrators demanding early elections and the resignation of President Dina Boluarte have thrown up roadblocks across the country and attacked mines, causing production slowdowns and closures in the Latin American nation’s copper operations, which account for about 10 per cent of global supply."
Thing is Fort William a week often turns into 18 months with these clowns
People often get most frustrated and impatient just before an event actually unfolds. What's the rush? What's the urgency?
They said the expected things to wrap up around end of Jan. We are just 1 week over !
1 week!
Chill .
Bozi, there are quite stiff penalty clauses on both sides, so I don't see either party walking away from the deal.
This is caused by either a delay in the final approvals from whichever Canadian authority is involved, or, more probably, something else is going on with regard to the SR but is not yet finalized. Either way, it's bloody frustrating.
Agree Orthern.
The silence is shoddy and unprofessional. Nothing deafening about it, unless SolGold are planning to leave CGP high and dry at the 11th hour.
Given the current management, that would appear to be a non-starter. Had Mather been CEO however...
The longer it takes to complete the merger, the more I doubt Solgolds ability to close any deal…. Solgolds silent delays regarding certain milestones over the years have only ever been bad news and disappointment.
That means a massive increase in M (shares in issue) must be countered by a huge drop in P (price)
On a daily/weekly/monthly time basis, there has not been an increase in shares but the price has dropped.
There isn’t a lot of MV=PT with solg.
I'll take close!
When I said fossils I did mean dead animals, if that gets me any more of the cigar ? Lol
Monte ,just have a little read of CNBC METALS news posted yesterday ,explains why we are going to be in short supply ,Chile, Peru shrinking supplies , political issues ,tax hikes on conglomerates,strikes etc
Bubble, I know what the "experts" say about copper, the point I'm making is they have been saying it for well over a decade now. And according to what they said then we should already be in huge under supply now.
It's called fossil fuel because oil comes from fossils that have turned into oil after thousands of years. How's that for organic?
Just read CNBC METALS news posted yesterday on copper demand and prices then you'll understand how the big boys will be clambering all over themselves to get hold of solgolds assets
Copper will still be in demand, no matter what; urbanisation in the developing world cannot be turned back, neither will population growth slow anytime soon obviously the green movement helped with the copper projections but they have been talking up this copper sweet spot for years.
A lesson from BP today.
They scaled back their plan to cut 40% of oil production by 2030 to about 25%.
They basically went back to doing what it said on the tin and the market loved it.They finally realised to make money they need to do what they do.
If Solg realised that, they could have sold this years ago for more money.
It wouldn't surprise me if he pulls a rabbit out of the hat...
I would say the whole board post 2016 coukd recieve a C minus. I would have given them A minus between 2013- 2016.
I except your points.
Yup, surprise us Mather (but don't expect he will)
Whatever happens now, Mather ultimately failed, unless we get a multi bag premium which I can't see.
Anyone can dream big, but if you have nothing to back it up with, you have basically been wasting all our time while pocketing a huge salery year on year.
C MINUS- could have done a whole lot better.
Imo
Dave,chill about to explode lol!!:):)
Thats not a rollover, its a buy (earlier buy and cancel)
We really are due some sort of progress report
If those in the know are bailing, they obviously didn't know that much. They are about 5 years late on the bail.
That's right Dave... 2.5 million shares traded today and that means "those in the know are bailing out".
Goodbye BHP, goodbye Newcrest, goodbye Mitsui... all heading for the exit, probably Mather too.
You absolute plonker.
Are you really sure you wouldn't be happier in Premium Bonds?
SP slowing sinking however....