Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Quaytec,
Haven't sold any, someone is, fair play to them, lets new buyers in.
Added recently as I have been on weakness, not trading it as want the Dividends which will be "substantial".
Quaytec, George will make money any way he can, whether its ramping or de-ramping, that's George
40P soon! No joke
He sure has lol.
Twitter's being renamed to Squawking!
C C been ramping this to death which usually means he selling.
Well a big week coming up for us Caspers, I sincerely hope we all do well out of this, I cant believe someone is selling this late in the day and in such large volumes, but each to their own, finally .............. I wouldn't want to be out of this over the weekend 8-)) big money to be made next week 8-))
And there's the extra sales to erode the bid, obviously our CC is flapping and selling pre news or was that buying....lol
Back to square 1 coming and ready for a 'meaningful' divi declaration soon.
Save your £800k Mike, my eldest makes a mean MS :)
KK, Ill bring some Millionaire shortbread for dessert 8-))
If we get back to double figures, i'll make a concession ;)
L2's looking impressive
is that the entry fee?
That could be arranged :)
KK .... 9.55p=Party in Surrey 8-))
MMs continue to mess around and late reported trades have definitely been more evident over the last week. The 300k @ 5.15p is a sell and bid reduced accordingly. Probably end up at sq 1 come close today and needs next weeks activity to break it out. Maybe they don't want sp moving on until Divi announcement made. Lower sp increases the Divi yield so makes sense that forward traction is proving difficult. 5p at the close anybody ? Also maybe some more Options coming ?
Was that last trade a rollover or a BednIsa ?
Bid and ask tightening. Bid moved up from 500k to 600k @ 5.10.
ukred, Got 50k CASP now, but a bit hampered currently with EVR suspended (which I'm sure will be OK) - I potentially could increase CASP holding, however but was really intending to hold others for now
Stu
Do it Stu, most of us have in here have because we know it's coming!
able to sell 500k at 5.10
Have added CASP recently, looking very good short and long term...
Thanks to all the knowledgeable posters for your informative posts
Fighting the temptation to throw the kitchen sink at this
Stu
A lot of stock churned yesterday...could be an interesting day! GLA
Basically the up side is massive and the down side minimal, ship it, shag in size LARGE!
ATB Bottled
Posted this on ADVFN. Just the facts but just highlight the changes and current position.
- MJF/SY - 4000bopd currently v 1448 average over last 3 years Uralhttps://uk.investing.com/commodities/crude-oil-urals-spot-futures-historical-data
Urals Oil price average over last year $85 v $57.53 over previous 3 years https://uk.investing.com/commodities/crude-oil-urals-spot-futures-historical-data
- Tenge devalued v $ - benefits Casper as paid in $ and operational costs in Tenge
- No debt Shallows The financial position has improved dramatically and compare the sp now to the average of last few years. They have the cash to fund an expansive operational campaign and the shallow program at MJF/SY could increase to 8000 bopd or more dependant on the continued success of the horizontal wells. They are targeting new structure at SY so that may increase production and reserves.
- Deeps - 802 being drilled and completion by end of September A7 drilling suspended as rig needed for shallows but will be drilled A5 - another side track but i'd prefer a new well A6/A8 - Remedial work needed following A5 Intermediate
OtherOpps - 3AB prospect farmed and awaiting licence. Casper retain 85% until conclusion of first well
- Barge - Discussions ongoing re charter/sale
- Divis - we’ll soon se magnitude of distribution but added bounce for all investors and hopefully will attract new players
Broker valuation WHI - estimates @ 21p fair value and £1.04p on Airshagyl/Yelemes/Shallows success case but that valuation was some time ago and things have materially changed. 5p is our current price and i think we all know that's a flippin joke. Let's see what transpires in H2 as it's not staying down here for much longer !! Pays your money and takes your chance.