Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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No, that's just copying/pasting from the interim results. I asked you how long you think that $25k will last and to explain your thinking. Try again.
Looking forward we expect positive results from the ongoing process to seek out, evaluate and review a potential project that can utilise the public company platform in a manner that makes sense from a financial and regulatory perspective
remaining US$25,000 scheduled to be received on 31 October 2019. The half year results report a profit of £1,086k (2018 six month loss was £298k), comprised of the reversal of the 1,250,000 euro liability plus accrued interest related to the Starneth transaction, personnel costs of £18k, administrative expenses of £72k and non-cash finance costs of £108k. This result is driven primarily by regulatory costs for Challenger, the public company costs in dealing with shareholders, and costs associated with the active search for a new project.
How long do you think that £40k will last? Show your workings...
0.16 to buy now
Challenger has received £40,500 pursuant to a subscription agreement for 27,000,000 ordinary shares at 0.15p. These funds will be used for working capital purposes. confidence?yes
New Project: Participation in Company to Launch Film Focused Conventions
Challenger Acquisitions Limited (LSE: CHAL), the leisure and entertainment sector focused company, is pleased to announce that it has signed an agreement to support a private UK company (the "Private Company") set to launch and operate film focused conventions, beginning with a three-day event in London in 2018. These ticketed conventions will provide attendees with a unique opportunity to meet the stars of recent action hero movies.
Challenger has provided a loan of £100,000 (further details below) and has the option to participate in future events, which the Board believe could be very attractive, high-profile opportunities. Alongside this agreement, the Company is continuing to pursue additional acquisition and development opportunities, with due diligence currently being undertaken on five new potential projects, which the Board believes have the potential to offer near and long-term revenue generation prospects, as previously announced.
lol let them invest all they have and hopefully the SP will rise enough for me to get out. or they could start up another wave of famous film star (not) signature parties with the current CEO and see how that goes for the second time (epic fail).
Well done Jetski - more totally incoherent drivel.
Well you may at least get to see an RNS this week, if nothing else. According to the interim results, the final payment from the abortive Dallas Wheel investment is 'scheduled to be received on 31 October 2019'.
As a reminder to the uninitiated, this $25,000 (US) is the last of Challenger's investments. After it is received later this week, there are no revenue streams and no more incoming payments due. One way or another, we're getting in to the end game here.
I know people there is non, but will become a shell RTO or aquasition.
I would be happy with any of them.
Gender is a mess I don’t know why
miss or mr ?
Why are they biting Chal?You don't want a return on investment?smart dan. Do
Volume is definatley here.
I'll take that as a yes.
dan You continue to be ignorant. I look forward to the chal update.
Proper 'lol' at the one chump on Twitter trying to get a ramp going here. Is it you Jetski?
0.15 to buy now
Talk to me about something positive this business has achieved in the last, say, three years?
I'll wait...
Looking through your posts all negative you probably wasn't when you held.
Seems you take alot of interest.
I hope the new NED has contacts in the 'magic bean' sector...
What is the plan mining or leisure, see the new board member is into diamonds
Challenger’s main objectives are:
to advance the development of its recognisable brand in the attractions sector and;
to review and potentially acquire select projects globally that management believe will provide long term returns for its Shareholders.
Mr dan very Good. You're still following chal. thanks Hope to make new progress next week